Question 1

What is Reddit's P/B ratio?

Accepted Answer

Reddit (RDDT) P/B ratio is 11.0× 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 Reddit?

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 Reddit specifically, the relevant sector benchmark is the current sector median of 3.7×.

Question 5

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

Accepted Answer

Reddit's P/B ratio of 11.0× is above its own 5-year average of 7.7× and above the sector median of 3.7×. That places the current reading at the 55th 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 Reddit's historical P/B ratio range?

Accepted Answer

In the available daily series, Reddit (RDDT) P/B ratio has ranged from a low of 4.1× in 2024 to a high of 21.2× in 2025. The 5-year average is 7.7× and the 5-year median is 5.8×.

Question 7

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

Accepted Answer

Reddit (RDDT) P/B ratio at the end of 2025 was 14.9×. 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 Reddit'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	$43.67B	$2.93B	14.9×	+1.1×	Dec 31, 2025
2024	$29.47B	$2.13B	13.8×	+8.1×	Dec 31, 2024
2023	$8.24B	$1.44B	5.7×	+0.1×	Dec 31, 2023
2022	$8.24B	$1.47B	5.6×	+0.3×	Dec 31, 2022
2021	$8.24B	$1.57B	5.3×	—	Dec 31, 2021


Spotify (SPOT)	10.8×
Take-Two Interactive Software (TTWO)	10.4×
Electronic Arts (EA)	7.5×
Alphabet (GOOGL)	7.3×
DoorDash (DASH)	6.4×
Meta (META)	5.9×
Roku (ROKU)	5.2×
TKO Group Holdings (TKO)	4.6×
Trade Desk (TTD)	4.4×
T-Mobile US (TMUS)	4.1×
Pinterest (PINS)	4.1×
Snap (SNAP)	3.7×
Nebius Group (NBIS)	3.7×
Fox (FOXA)	2.3×
John Wiley & Sons (WLY)	2.2×
Warner Bros. Discovery (WBD)	2.1×
Verizon (VZ)	2.0×
AT&T (T)	1.8×
Charter Communications (CHTR)	1.7×
Omnicom Group (OMC)	1.6×
News (NWSA)	1.6×
Walt Disney (DIS)	1.5×
Comcast (CMCSA)	1.2×
Telephone and Data Systems (TDS)	1.0×
Paramount Skydance (PSKY)	0.6×

P/B Ratio for Reddit (RDDT)

P/B Ratio daily chart for Reddit (RDDT)

Historical P/B Ratio for Reddit (RDDT) from 2021 to 2025

About P/B Ratio at Reddit (RDDT)

Reddit P/B Ratio by Year

Reddit P/B Ratio 2025: 14.9×

Reddit P/B Ratio 2024: 13.8×

Reddit P/B Ratio 2023: 5.7×

Reddit P/B Ratio 2022: 5.6×

Reddit P/B Ratio 2021: 5.3×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Reddit (RDDT) Key Financials

P/B Ratio daily chart for Reddit (RDDT)

Historical P/B Ratio for Reddit (RDDT) from 2021 to 2025

About P/B Ratio at Reddit (RDDT)

Reddit P/B Ratio by Year

Reddit P/B Ratio 2025: 14.9×

Reddit P/B Ratio 2024: 13.8×

Reddit P/B Ratio 2023: 5.7×

Reddit P/B Ratio 2022: 5.6×

Reddit P/B Ratio 2021: 5.3×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Reddit'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 Reddit?

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

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

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

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

Reddit (RDDT) Key Financials