Appfolio (APPF) Price to Book (2015 - 2026)
Appfolio's (APPF) Price to Book stood at 10.79 in Q2 2026, down 40.6% from 18.15 a year earlier and down 10.0% from the prior quarter.
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Analysis
Appfolio (APPF) Price to Book (2015 - 2026) Analysis & Trends
For FY2025, Appfolio's Price to Book came in at 15.44, down 10.3% from FY2024.
- Across earlier years, Price to Book came in at 17.22 in FY2024 (-17.0%), 20.76 in FY2023 (+49.4%), 13.89 in FY2022 (-1.3%) and 14.08 in FY2021 (-34.8%).
- The Q2 2026 figure is the lowest quarterly Price to Book since Q3 2016.
- On a year-over-year basis, Price to Book has declined for nine consecutive quarters, with an average decline of 22.2% over the last eight quarters.
- Peak year-over-year performance for Price to Book in the last five years was growth of 126.8% in Q2 2023, against a decline of 40.6% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 11.98 (Q1 2026), 15.44 (Q4 2025) and 19.83 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Appfolio | 7.00 Bn | 6.18 Bn | 178.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.79 |
| Mar 31, 2026 | 11.98 |
| Dec 31, 2025 | 15.44 |
| Sep 30, 2025 | 19.83 |
| Jun 30, 2025 | 18.15 |
| Mar 31, 2025 | 17.27 |
| Dec 31, 2024 | 17.22 |
| Sep 30, 2024 | 20.70 |
| Jun 30, 2024 | 23.86 |
| Mar 31, 2024 | 26.25 |
| Dec 31, 2023 | 20.76 |
| Sep 30, 2023 | 24.82 |
| Jun 30, 2023 | 27.09 |
| Mar 31, 2023 | 18.34 |
| Dec 31, 2022 | 13.89 |
| Sep 30, 2022 | 13.50 |
| Jun 30, 2022 | 11.95 |
| Mar 31, 2022 | 13.66 |
| Dec 31, 2021 | 14.08 |
| Sep 30, 2021 | 14.29 |
API Access
Appfolio Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=APPF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "APPF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=APPF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();