Question 1

What is eBay's P/B ratio?

Accepted Answer

eBay (EBAY) P/B ratio is 11.3× 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 eBay?

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 eBay specifically, the relevant sector benchmark is the current sector median of 4.2×.

Question 5

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

Accepted Answer

eBay's P/B ratio of 11.3× is above its own 5-year average of 5.3× and above the sector median of 4.2×. That places the current reading at the 95th 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 eBay's historical P/B ratio range?

Accepted Answer

In the available daily series, eBay (EBAY) P/B ratio has ranged from a low of 0.6× in 2009 to a high of 13.5× in 2021. The 5-year average is 5.3× and the 5-year median is 4.5×.

Question 7

What was eBay's P/B ratio in 2025?

Accepted Answer

eBay (EBAY) P/B ratio at the end of 2025 was 8.5×. 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 eBay'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.


2025	$39.28B	$4.62B	8.5×	+2.6×	Dec 31, 2025
2024	$30.73B	$5.16B	6.0×	+2.4×	Dec 31, 2024
2023	$22.60B	$6.40B	3.5×	-0.8×	Dec 31, 2023
2022	$22.44B	$5.15B	4.4×	+0.2×	Dec 31, 2022
2021	$40.26B	$9.78B	4.1×	-5.6×	Dec 31, 2021
2020	$34.57B	$3.56B	9.7×	-0.4×	Dec 31, 2020
2019	$29.14B	$2.87B	10.2×	+5.9×	Dec 31, 2019
2018	$26.53B	$6.28B	4.2×	-0.6×	Dec 31, 2018
2017	$39.06B	$8.06B	4.8×	+1.7×	Dec 31, 2017
2016	$32.84B	$10.54B	3.1×	-1.9×	Dec 31, 2016
2015	$32.73B	$6.58B	5.0×	+3.5×	Dec 31, 2015
2014	$29.05B	$19.91B	1.5×	+0.2×	Dec 31, 2014
2013	$29.90B	$23.65B	1.3×	-0.1×	Dec 31, 2013
2012	$27.77B	$20.88B	1.3×	+0.4×	Dec 31, 2012
2011	$16.45B	$17.93B	0.9×	-0.1×	Dec 31, 2011
2010	$15.19B	$15.30B	1.0×	+0.1×	Dec 31, 2010
2009	$12.82B	$13.79B	0.9×	+0.3×	Dec 31, 2009
2008	$7.52B	$11.08B	0.7×	-0.9×	Dec 31, 2008
2007	$18.63B	$11.70B	1.6×	+0.0×	Dec 31, 2007
2006	$17.31B	$10.90B	1.6×	-0.9×	Dec 31, 2006
2005	$25.36B	$10.05B	2.5×	-2.4×	Dec 31, 2005
2004	$32.89B	$6.73B	4.9×	+1.3×	Dec 31, 2004
2003	$17.59B	$4.90B	3.6×	+1.1×	Dec 31, 2003
2002	$8.89B	$3.56B	2.5×	-2.9×	Dec 31, 2002
2001	$7.73B	$1.43B	5.4×	—	Dec 31, 2001


V.F. (VFC)	3.5×
Carnival Corporation (CCL)	3.3×
Genuine Parts (GPC)	3.3×
Lululemon Athletica (LULU)	3.1×
Ball (BALL)	2.8×
PDD Holdings (PDD)	2.3×
GameStop (GME)	2.0×
XPeng (XPEV)	2.0×
Alibaba (BABA)	1.9×
Li Auto (LI)	1.8×
PulteGroup (PHM)	1.7×
Amcor (AMCR)	1.7×
D.R. Horton (DHI)	1.7×
Toll Brothers (TOL)	1.6×
Lucid Group (LCID)	1.5×
Sonoco Products (SON)	1.5×
Leggett & Platt (LEG)	1.3×
International Paper (IP)	1.3×
Lennar (LEN)	1.3×
Weyco Group (WEYS)	1.2×
Ford Motor (F)	1.2×
LKQ (LKQ)	1.2×
Smurfit Westrock (SW)	1.1×
General Motors (GM)	1.1×
Mohawk Industries (MHK)	0.7×

P/B Ratio for eBay (EBAY)

P/B Ratio daily chart for eBay (EBAY)

Historical P/B Ratio for eBay (EBAY) from 2001 to 2025

About P/B Ratio at eBay (EBAY)

eBay P/B Ratio by Year

eBay P/B Ratio 2025: 8.5×

eBay P/B Ratio 2024: 6.0×

eBay P/B Ratio 2023: 3.5×

eBay P/B Ratio 2022: 4.4×

eBay P/B Ratio 2021: 4.1×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

eBay (EBAY) Key Financials

P/B Ratio daily chart for eBay (EBAY)

Historical P/B Ratio for eBay (EBAY) from 2001 to 2025

About P/B Ratio at eBay (EBAY)

eBay P/B Ratio by Year

eBay P/B Ratio 2025: 8.5×

eBay P/B Ratio 2024: 6.0×

eBay P/B Ratio 2023: 3.5×

eBay P/B Ratio 2022: 4.4×

eBay P/B Ratio 2021: 4.1×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is eBay'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 eBay?

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

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

+What was eBay's P/B ratio in 2025?

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

eBay (EBAY) Key Financials