PB Ratio: 35.07

Basis: FMP quote market capitalization / matching reported stockholders equity. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 35.07 is 37% below its estimated 4-year average of 55.33, near the low end of its estimated 4-year range (1.87–250.46).

As of 2026-09-21T20:00:51.994Z. 65.76% below its estimated 12-month average of 102.43.

APP PB Ratio Metrics

P/B vs. estimated history

At 35.07, P/B is near its estimated 4-year median — higher than 51% of readings in its estimated 4-year history.

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for AppLovin Corporation (APP)?

The P/B ratio for APP stock is 35.07.

Is AppLovin Corporation's P/B ratio high or low?

The P/B ratio of 35.07 is 37% below its estimated 4-year average of 55.33, near the low end of its estimated 4-year range (1.87–250.46).

What is the estimated TTM average P/B ratio for AppLovin Corporation (APP)?

The estimated TTM average P/B ratio for APP stock is 102.43.

What is the estimated 3Y average P/B ratio for AppLovin Corporation (APP)?

The estimated 3Y average P/B ratio for APP stock is 85.77.

Showing the most recent 260 of 1,129 data points. The chart above shows the full history.

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