Question 1

What is Uber's P/B ratio?

Accepted Answer

Uber (UBER) P/B ratio is 5.9× 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 Uber?

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

Question 5

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

Accepted Answer

Uber's P/B ratio of 5.9× is below its own 5-year average of 8.3× and above the sector median of 5.6×. That places the current reading at the 20th 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 Uber's historical P/B ratio range?

Accepted Answer

In the available daily series, Uber (UBER) P/B ratio has ranged from a low of 3.1× in 2019 to a high of 19.1× in 2017. The 5-year average is 8.3× and the 5-year median is 7.5×.

Question 7

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

Accepted Answer

Uber (UBER) P/B ratio at the end of 2025 was 6.3×. 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 Uber'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	$169B	$27B	6.3×	+0.4×	Dec 31, 2025
2024	$127B	$21.6B	5.9×	-5.4×	Dec 31, 2024
2023	$127B	$11.2B	11.3×	+4.6×	Dec 31, 2023
2022	$49.3B	$7.34B	6.7×	+1.1×	Dec 31, 2022
2021	$81.2B	$14.5B	5.6×	-1.8×	Dec 31, 2021
2020	$91B	$12.3B	7.4×	+3.8×	Dec 31, 2020
2019	$50.9B	$14.2B	3.6×	-6.7×	Dec 31, 2019
2018	$69.7B	$6.79B	10.3×	-8.9×	Dec 31, 2018
2017	$69.9B	$3.65B	19.1×	—	Dec 31, 2017


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P/B Ratio for Uber (UBER) 2017-2026

P/B Ratio daily chart for Uber (UBER)

Historical P/B Ratio for Uber (UBER) from 2017 to 2025

About P/B Ratio at Uber (UBER)

Uber P/B Ratio by Year

Uber P/B Ratio 2025: 6.3×

Uber P/B Ratio 2024: 5.9×

Uber P/B Ratio 2023: 11.3×

Uber P/B Ratio 2022: 6.7×

Uber P/B Ratio 2021: 5.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Uber (UBER) Key Financials