Question 1

What is MongoDB's P/B ratio?

Accepted Answer

MongoDB (MDB) P/B ratio is 8.5× as of July 22, 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 MongoDB?

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 MongoDB specifically, the relevant sector benchmark is the current sector median of 5.6×.

Question 5

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

Accepted Answer

MongoDB's P/B ratio of 8.5× is below its own 5-year average of 21.6× and above the sector median of 5.6×. That places the current reading at the 13th 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 MongoDB's historical P/B ratio range?

Accepted Answer

In the available daily series, MongoDB (MDB) P/B ratio has ranged from a low of 4.4× in 2025 to a high of 622.1× in 2020. The 5-year average is 21.6× and the 5-year median is 20.1×.

Question 7

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

Accepted Answer

MongoDB (MDB) P/B ratio at the end of 2026 was 10.2×. 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 MongoDB'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	$30.2B	$2.95B	10.2×	+2.6×	Jan 31, 2026
2025	$21.2B	$2.78B	7.6×	-19.5×	Jan 31, 2025
2024	$29B	$1.07B	27.1×	+7.0×	Jan 31, 2024
2023	$14.9B	$740M	20.1×	-20.6×	Jan 31, 2023
2022	$27.1B	$667M	40.7×	—	Jan 31, 2022
2021	$22.7B	-$5.03M	—	—	Jan 31, 2021
2020	$9.33B	$82.9M	112.6×	+93.9×	Jan 31, 2020
2019	$4.97B	$265M	18.8×	+11.7×	Jan 31, 2019
2018	$1.36B	$193M	7.0×	—	Jan 31, 2018
2017	$1.29B	-$287M	—	—	Jan 31, 2017


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Fiserv (FISV)	1.1×
Sunrun (RUN)	1.0×
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IBM (IBM)	0.0×

P/B Ratio for MongoDB (MDB) 2018-2026

P/B Ratio daily chart for MongoDB (MDB)

Historical P/B Ratio for MongoDB (MDB) from 2017 to 2026

About P/B Ratio at MongoDB (MDB)

MongoDB P/B Ratio by Year

MongoDB P/B Ratio 2026: 10.2×

MongoDB P/B Ratio 2025: 7.6×

MongoDB P/B Ratio 2024: 27.1×

MongoDB P/B Ratio 2023: 20.1×

MongoDB P/B Ratio 2022: 40.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

MongoDB (MDB) Key Financials