Basis: Latest stored market observation. 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 35.86 is 40% below its 4-year average of 59.34, near the low end of its 4-year range (1.87–250.46).
68.06% below its 12-month average of 112.27.
PB RATIO
35.86
PB RATIO AVG TTM
112.27
PB RATIO AVG 3Y
84.89
PB RATIO AVG 5Y
N/A
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-68.06%
CURRENT VS 3Y AVG
-57.75%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.42
median of 172 covered companies
CURRENT VS SECTOR MEDIAN
+458.57%
vs the sector median at left
Market Cap
$108.41B
PB Ratio
18.11
TTM Avg
15.93
3Y Avg
21.60
5Y Avg
22.98
Market Cap
$92.88B
PB Ratio
13.57
TTM Avg
16.39
3Y Avg
18.87
5Y Avg
18.46
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppLovin Corporation (APP) | $115.51B | 35.86 | 112.27 | 84.89 | N/A |
| Fortinet, Inc. (FTNT)vs › | $116.48B | 76.52 | 69.00 | 153.50 | 455.52 |
| Snowflake Inc. (SNOW)vs › | $112.80B | 56.62 | 33.92 | 20.87 | 17.44 |
| Automatic Data Processing, Inc. (ADP)vs › | $108.41B | 18.11 | 15.93 | 21.60 | 22.98 |
| Accenture plc (ACN)vs › | $106.78B | 3.30 | 4.38 | 6.52 | 7.61 |
| Cloudflare, Inc. (NET)vs › | $106.55B | 62.21 | 53.84 | 43.06 | 41.00 |
| Adobe Inc. (ADBE)vs › | $105.57B | 9.08 | 10.56 | 13.60 | 14.09 |
| ServiceNow, Inc. (NOW)vs › | $129.16B | 9.72 | 12.27 | 17.42 | 20.61 |
| Cadence Design Systems, Inc. (CDNS)vs › | $92.88B | 13.57 | 16.39 | 18.87 | 18.46 |
| Intuit Inc. (INTU)vs › | $89.40B | 4.31 | 7.24 | 8.93 | 9.33 |
At 35.86, P/B is in its normal range, sitting higher than 51% of its 4-year history.
4-year low
1.87
median
34.43
4-year high
250.46
P/B Ratio
35.86
Market Price / Book Value per Share
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
| DATE | PB RATIO |
|---|---|
| 2026-08-06 | 35.86 |
| 2026-08-05 | 44.63 |
| 2026-08-04 | 60.15 |
| 2026-08-03 | 58.21 |
| 2026-07-31 | 56.74 |
| 2026-07-30 | 57.88 |
| 2026-07-29 | 57.25 |
| 2026-07-28 | 59.94 |
| 2026-07-27 | 59.15 |
| 2026-07-24 | 56.18 |
| 2026-07-23 | 57.16 |
| 2026-07-22 | 59.12 |
| 2026-07-21 | 61.44 |
| 2026-07-20 | 60.85 |
| 2026-07-17 | 60.84 |
| 2026-07-16 | 62.27 |
| 2026-07-15 | 64.88 |
| 2026-07-14 | 64.35 |
| 2026-07-13 | 63.47 |
| 2026-07-10 | 72.66 |
| 2026-07-09 | 74.59 |
| 2026-07-08 | 74.84 |
| 2026-07-07 | 75.67 |
| 2026-07-06 | 77.93 |
| 2026-07-02 | 75.54 |
| 2026-07-01 | 80.92 |
| 2026-06-30 | 73.84 |
| 2026-06-29 | 71.48 |
| 2026-06-26 | 68.37 |
| 2026-06-25 | 63.91 |
| 2026-06-24 | 66.64 |
| 2026-06-23 | 66.93 |
| 2026-06-22 | 67.27 |
| 2026-06-18 | 67.32 |
| 2026-06-17 | 68.72 |
| 2026-06-16 | 73.84 |
| 2026-06-15 | 74.65 |
| 2026-06-12 | 71.20 |
| 2026-06-11 | 68.59 |
| 2026-06-10 | 70.65 |
| 2026-06-09 | 74.65 |
| 2026-06-08 | 80.79 |
| 2026-06-05 | 79.86 |
| 2026-06-04 | 80.10 |
| 2026-06-03 | 81.81 |
| 2026-06-02 | 86.80 |
| 2026-06-01 | 87.95 |
| 2026-05-29 | 87.87 |
| 2026-05-28 | 85.97 |
| 2026-05-27 | 81.38 |
| 2026-05-26 | 73.70 |
| 2026-05-22 | 69.03 |
| 2026-05-21 | 69.64 |
| 2026-05-20 | 69.12 |
| 2026-05-19 | 68.35 |
| 2026-05-18 | 70.57 |
| 2026-05-15 | 71.80 |
| 2026-05-14 | 69.53 |
| 2026-05-13 | 65.00 |
| 2026-05-12 | 70.32 |
| 2026-05-11 | 68.57 |
| 2026-05-08 | 67.15 |
| 2026-05-07 | 71.50 |
| 2026-05-06 | 67.19 |
| 2026-05-05 | 76.13 |
| 2026-05-04 | 75.63 |
| 2026-05-01 | 73.24 |
| 2026-04-30 | 71.07 |
| 2026-04-29 | 70.61 |
| 2026-04-28 | 71.50 |
| 2026-04-27 | 73.29 |
| 2026-04-24 | 71.38 |
| 2026-04-23 | 72.32 |
| 2026-04-22 | 77.02 |
| 2026-04-21 | 75.34 |
| 2026-04-20 | 78.17 |
| 2026-04-17 | 75.98 |
| 2026-04-16 | 74.21 |
| 2026-04-15 | 73.98 |
| 2026-04-14 | 69.03 |
| 2026-04-13 | 66.47 |
| 2026-04-10 | 62.32 |
| 2026-04-09 | 60.37 |
| 2026-04-08 | 62.29 |
| 2026-04-07 | 65.35 |
| 2026-04-06 | 65.71 |
| 2026-04-02 | 61.52 |
| 2026-04-01 | 61.75 |
| 2026-03-31 | 63.37 |
| 2026-03-30 | 59.25 |
| 2026-03-27 | 60.70 |
| 2026-03-26 | 62.29 |
| 2026-03-25 | 69.53 |
| 2026-03-24 | 69.41 |
| 2026-03-23 | 73.08 |
| 2026-03-20 | 70.44 |
| 2026-03-19 | 70.05 |
| 2026-03-18 | 70.47 |
| 2026-03-17 | 73.10 |
| 2026-03-16 | 72.18 |
| 2026-03-13 | 73.03 |
| 2026-03-12 | 71.55 |
| 2026-03-11 | 73.48 |
| 2026-03-10 | 76.01 |
| 2026-03-09 | 82.36 |
| 2026-03-06 | 79.95 |
| 2026-03-05 | 80.98 |
| 2026-03-04 | 76.88 |
| 2026-03-03 | 69.88 |
| 2026-03-02 | 68.94 |
| 2026-02-27 | 69.23 |
| 2026-02-26 | 70.85 |
| 2026-02-25 | 67.14 |
| 2026-02-24 | 62.61 |
| 2026-02-23 | 60.61 |
| 2026-02-20 | 66.67 |
| 2026-02-19 | 65.60 |
| 2026-02-18 | 93.55 |
| 2026-02-17 | 87.07 |
| 2026-02-13 | 90.35 |
| 2026-02-12 | 84.88 |
| 2026-02-11 | 105.68 |
| 2026-02-10 | 109.40 |
| 2026-02-09 | 106.50 |
| 2026-02-06 | 94.09 |
| 2026-02-05 | 86.81 |
| 2026-02-04 | 89.61 |
| 2026-02-03 | 106.83 |
| 2026-02-02 | 111.74 |
| 2026-01-30 | 109.45 |
| 2026-01-29 | 131.69 |
| 2026-01-28 | 125.47 |
| 2026-01-27 | 125.75 |
| 2026-01-26 | 123.87 |
| 2026-01-23 | 121.32 |
| 2026-01-22 | 120.74 |
| 2026-01-21 | 123.20 |
| 2026-01-20 | 130.83 |
| 2026-01-16 | 131.58 |
| 2026-01-15 | 140.42 |
| 2026-01-14 | 142.91 |
| 2026-01-13 | 154.68 |
| 2026-01-12 | 152.37 |
| 2026-01-09 | 149.84 |
| 2026-01-08 | 142.63 |
| 2026-01-07 | 146.42 |
| 2026-01-06 | 142.79 |
| 2026-01-05 | 146.42 |
| 2026-01-02 | 143.04 |
| 2025-12-31 | 155.88 |
| 2025-12-30 | 160.48 |
| 2025-12-29 | 161.66 |
| 2025-12-26 | 165.23 |
| 2025-12-24 | 168.30 |
| 2025-12-23 | 168.52 |
| 2025-12-22 | 169.71 |
| 2025-12-19 | 166.88 |
| 2025-12-18 | 160.63 |
| 2025-12-17 | 152.02 |
| 2025-12-16 | 156.69 |
| 2025-12-15 | 156.19 |
| 2025-12-12 | 155.15 |
| 2025-12-11 | 165.86 |
| 2025-12-10 | 162.70 |
| 2025-12-09 | 167.63 |
| 2025-12-08 | 159.57 |
| 2025-12-05 | 160.07 |
| 2025-12-04 | 158.18 |
| 2025-12-03 | 153.19 |
| 2025-12-02 | 151.06 |
| 2025-12-01 | 144.26 |
| 2025-11-28 | 138.68 |
| 2025-11-26 | 135.65 |
| 2025-11-25 | 128.63 |
| 2025-11-24 | 129.50 |
| 2025-11-21 | 120.36 |
| 2025-11-20 | 120.49 |
| 2025-11-19 | 122.62 |
| 2025-11-18 | 121.69 |
| 2025-11-17 | 124.75 |
| 2025-11-14 | 129.02 |
| 2025-11-13 | 128.66 |
| 2025-11-12 | 135.30 |
| 2025-11-11 | 137.63 |
| 2025-11-10 | 150.68 |
| 2025-11-07 | 143.41 |
| 2025-11-06 | 143.74 |
| 2025-11-05 | 142.75 |
| 2025-11-04 | 178.46 |
| 2025-11-03 | 185.34 |
| 2025-10-31 | 186.86 |
| 2025-10-30 | 181.96 |
| 2025-10-29 | 185.06 |
| 2025-10-28 | 183.78 |
| 2025-10-27 | 188.55 |
| 2025-10-24 | 181.78 |
| 2025-10-23 | 172.90 |
| 2025-10-22 | 165.60 |
| 2025-10-21 | 162.03 |
| 2025-10-20 | 165.93 |
| 2025-10-17 | 175.71 |
| 2025-10-16 | 177.58 |
| 2025-10-15 | 176.59 |
| 2025-10-14 | 172.99 |
| 2025-10-13 | 173.02 |
| 2025-10-10 | 167.09 |
| 2025-10-09 | 176.01 |
| 2025-10-08 | 184.62 |
| 2025-10-07 | 185.25 |
| 2025-10-06 | 172.10 |
| 2025-10-03 | 200.18 |
| 2025-10-02 | 200.44 |
| 2025-10-01 | 206.43 |
| 2025-09-30 | 210.67 |
| 2025-09-29 | 208.86 |
| 2025-09-26 | 196.40 |
| 2025-09-25 | 187.62 |
| 2025-09-24 | 188.21 |
| 2025-09-23 | 190.92 |
| 2025-09-22 | 188.67 |
| 2025-09-19 | 190.46 |
| 2025-09-18 | 182.23 |
| 2025-09-17 | 177.87 |
| 2025-09-16 | 177.03 |
| 2025-09-15 | 173.90 |
| 2025-09-12 | 170.64 |
| 2025-09-11 | 167.50 |
| 2025-09-10 | 166.28 |
| 2025-09-09 | 163.65 |
| 2025-09-08 | 160.39 |
| 2025-09-05 | 143.74 |
| 2025-09-04 | 146.59 |
| 2025-09-03 | 142.89 |
| 2025-09-02 | 141.24 |
| 2025-08-29 | 140.32 |
| 2025-08-28 | 141.83 |
| 2025-08-27 | 135.73 |
| 2025-08-26 | 137.60 |
| 2025-08-25 | 132.14 |
| 2025-08-22 | 129.50 |
| 2025-08-21 | 122.78 |
| 2025-08-20 | 120.91 |
| 2025-08-19 | 120.97 |
| 2025-08-18 | 128.58 |
| 2025-08-15 | 128.62 |
| 2025-08-14 | 127.05 |
| 2025-08-13 | 130.88 |
| 2025-08-12 | 136.92 |
| 2025-08-11 | 136.51 |
| 2025-08-08 | 133.69 |
| 2025-08-07 | 128.23 |
| 2025-08-06 | 114.51 |
| 2025-08-05 | 226.51 |
| 2025-08-04 | 236.75 |
| 2025-08-01 | 227.26 |
| 2025-07-31 | 234.17 |
| 2025-07-30 | 217.75 |
| 2025-07-29 | 216.74 |
| 2025-07-28 | 222.33 |
| 2025-07-25 | 218.25 |
Showing the most recent 260 of 1,105 data points. The chart above shows the full history.