Question 1

What is CrowdStrike's P/B ratio?

Accepted Answer

CrowdStrike (CRWD) P/B ratio is 37.3× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for CrowdStrike?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For CrowdStrike specifically, the relevant sector benchmark is the current sector median of 6.0×.

Question 5

Is CrowdStrike's P/B ratio high or low?

Accepted Answer

CrowdStrike's P/B ratio of 37.3× is above its own 5-year average of 31.3× and above the sector median of 6.0×. That places the current reading at the 74th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is CrowdStrike's historical P/B ratio range?

Accepted Answer

In the available daily series, CrowdStrike (CRWD) P/B ratio has ranged from a low of 14.2× in 2019 to a high of 156.8× in 2019. The 5-year average is 31.3× and the 5-year median is 29.3×.

Question 7

What was CrowdStrike's P/B ratio in 2026?

Accepted Answer

CrowdStrike (CRWD) P/B ratio at the end of 2026 was 25.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does CrowdStrike's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$111.49B	$4.43B	25.2×	-4.8×	Jan 31, 2026
2025	$98.30B	$3.28B	30.0×	-0.6×	Jan 31, 2025
2024	$70.45B	$2.30B	30.6×	+13.6×	Jan 31, 2024
2023	$24.89B	$1.46B	17.0×	-23.4×	Jan 31, 2023
2022	$41.49B	$1.03B	40.4×	-14.3×	Jan 31, 2022
2021	$47.67B	$870.57M	54.8×	+37.7×	Jan 31, 2021
2020	$12.68B	$742.11M	17.1×	-124.5×	Jan 31, 2020
2019	$9.93B	$70.12M	141.6×	—	Jan 31, 2019


Duolingo (DUOL)	3.3×
Unity Software (U)	3.2×
Synopsys (SNPS)	3.0×
Science Applications International (SAIC)	2.9×
Zebra Technologies (ZBRA)	2.9×
Zoom Communications (ZM)	2.9×
Trimble (TRMB)	2.7×
Twilio (TWLO)	2.5×
Amkor Technology (AMKR)	2.5×
EPAM Systems (EPAM)	2.1×
Qorvo (QRVO)	2.1×
IonQ (IONQ)	2.1×
Intel (INTC)	2.0×
Roper Technologies (ROP)	2.0×
Cognizant (CTSH)	1.9×
Okta (OKTA)	1.9×
Super Micro Computer (SMCI)	1.8×
Lyft (LYFT)	1.7×
Block (XYZ)	1.7×
Block (SQ)	1.6×
Hewlett Packard Enterprise (HPE)	1.5×
Fidelity National Information Services (FIS)	1.5×
Skyworks Solutions (SWKS)	1.4×
Fiserv (FISV)	1.1×
Strategy (MSTR)	0.9×

P/B Ratio for CrowdStrike (CRWD)

P/B Ratio daily chart for CrowdStrike (CRWD)

Historical P/B Ratio for CrowdStrike (CRWD) from 2019 to 2026

About P/B Ratio at CrowdStrike (CRWD)

CrowdStrike P/B Ratio by Year

CrowdStrike P/B Ratio 2026: 25.2×

CrowdStrike P/B Ratio 2025: 30.0×

CrowdStrike P/B Ratio 2024: 30.6×

CrowdStrike P/B Ratio 2023: 17.0×

CrowdStrike P/B Ratio 2022: 40.4×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

CrowdStrike (CRWD) Key Financials

P/B Ratio daily chart for CrowdStrike (CRWD)

Historical P/B Ratio for CrowdStrike (CRWD) from 2019 to 2026

About P/B Ratio at CrowdStrike (CRWD)

CrowdStrike P/B Ratio by Year

CrowdStrike P/B Ratio 2026: 25.2×

CrowdStrike P/B Ratio 2025: 30.0×

CrowdStrike P/B Ratio 2024: 30.6×

CrowdStrike P/B Ratio 2023: 17.0×

CrowdStrike P/B Ratio 2022: 40.4×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is CrowdStrike's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for CrowdStrike?

+Is CrowdStrike's P/B ratio high or low?

+What is CrowdStrike's historical P/B ratio range?

+What was CrowdStrike's P/B ratio in 2026?

+Why does CrowdStrike's P/B ratio change over time?

CrowdStrike (CRWD) Key Financials