EPAM Systems (EPAM) Price to Book (2012 - 2026)
EPAM Systems' (EPAM) Price to Book was 1.16 for Q2 2026, down 56.7% from 2.68 a year earlier and down 44.1% from the prior quarter.
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Analysis
EPAM Systems (EPAM) Price to Book (2012 - 2026) Analysis & Trends
For FY2025, Price to Book at EPAM Systems was 3.02, down 17.4% from FY2024.
- Price to Book has declined for four consecutive years.
- By year, Price to Book came in at 3.66 in FY2024 (-26.0%), 4.95 in FY2023 (-21.3%), 6.29 in FY2022 (-58.7%) and 15.23 in FY2021 (+50.2%).
- The Q2 2026 figure ranks as the lowest quarterly Price to Book in data going back to Q1 2012.
- Year over year, Price to Book has now declined in each of the last 18 quarters, with an average decline of 29.7% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q4 2021 (growth of 50.2%); the low point was Q4 2022 (a decline of 58.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.08 (Q1 2026), 3.02 (Q4 2025) and 2.23 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn |
| 10 | Science Applications International | 5.36 Bn | 4.90 Bn | 239.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 |
| Mar 31, 2026 | 2.08 |
| Dec 31, 2025 | 3.02 |
| Sep 30, 2025 | 2.23 |
| Jun 30, 2025 | 2.68 |
| Mar 31, 2025 | 2.62 |
| Dec 31, 2024 | 3.66 |
| Sep 30, 2024 | 3.18 |
| Jun 30, 2024 | 3.15 |
| Mar 31, 2024 | 4.60 |
| Dec 31, 2023 | 4.95 |
| Sep 30, 2023 | 4.47 |
| Jun 30, 2023 | 3.99 |
| Mar 31, 2023 | 5.53 |
| Dec 31, 2022 | 6.29 |
| Sep 30, 2022 | 7.55 |
| Jun 30, 2022 | 6.44 |
| Mar 31, 2022 | 6.64 |
| Dec 31, 2021 | 15.23 |
| Sep 30, 2021 | 13.83 |
API Access
EPAM Systems 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=EPAM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "EPAM", "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=EPAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();