AppLovin APP
NASDAQ APP
$320.56 +6.98 (+2.23%)
At close: Sep 4, 2026 · 4:00 PM EDT

AppLovin (APP) Price to Book (2021 - 2026)

AppLovin's (APP) quarterly Price to Book came in at 54.62 in Q2 2026, down 46.25% year-over-year from 101.62 in Q2 2025, and down 3.56% quarter-over-quarter from 56.63 in Q1 2026.

Analysis

AppLovin (APP) Price to Book (2021 - 2026) Analysis & Trends

AppLovin (APP) has reported Price to Book for 6 consecutive years, with 54.62 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Price to Book fell 46.25% year-over-year to 54.62 in Q2 2026; TTM through Jun 2026 was 54.62, a 46.25% decrease from a year earlier, with the FY2025 full-year figure at 106.79, up 5.69% from the prior year.
  • Price to Book was 54.62 for Q2 2026 at AppLovin, down from 56.63 in the prior quarter.
  • Over five years, Price to Book peaked at 165.04 in Q3 2025 and troughed at 2.07 in Q4 2022.
  • A 5-year average of 50.4 and a median of 32.04 in 2024 frame the typical range for Price to Book.
  • Across the five-year window, Price to Book plunged 87.49% in 2022 and surged 872.56% in 2024, its largest moves.
  • Over 5 years, Price to Book stood at 2.07 in 2022, then soared by 421.04% to 10.78 in 2023, then jumped by 837.21% to 101.04 in 2024, then increased by 5.69% to 106.79 in 2025, then plunged by 48.86% to 54.62 in 2026.
  • The last three Price to Book figures came in at 54.62 (Q2 2026), 56.63 (Q1 2026), and 106.79 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,074.35 Bn 3,645.31 Bn 73.85 Bn
2 AppLovin 107.48 Bn 104.43 Bn 1.70 Bn
3 Trade Desk 6.78 Bn 5.29 Bn 530.72 Mn
4 Magnite 3.46 Bn 3.13 Bn 130.79 Mn
5 DoubleVerify Holdings 2.07 Bn 1.86 Bn 161.31 Mn
6 Digital Turbine 1.28 Bn 1.24 Bn -
7 Quinstreet 1.06 Bn 929.83 Mn 49.81 Mn
8 Taboola.com 972.14 Mn 839.09 Mn 139.48 Mn
9 Mntn 960.26 Mn 722.98 Mn 66.30 Mn
10 Viant Technology 907.77 Mn 920.10 Mn 45.54 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 54.62
Mar 31, 2026 56.63
Dec 31, 2025 106.79
Sep 30, 2025 165.04
Jun 30, 2025 101.62
Mar 31, 2025 155.81
Dec 31, 2024 101.04
Sep 30, 2024 46.68
Jun 30, 2024 34.13
Mar 31, 2024 29.95
Dec 31, 2023 10.78
Sep 30, 2023 12.24
Jun 30, 2023 5.91
Mar 31, 2023 3.08
Dec 31, 2022 2.07
Sep 30, 2022 3.85
Jun 30, 2022 6.74
Mar 31, 2022 10.27
Dec 31, 2021 16.54
Sep 30, 2021 13.20