AppFolio (APPF) - P/B ratio

P/B ratio as of December 2025 : 17.0

According to AppFolio 's latest financial reports the company has a price-to-book ratio of 9.36229.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

AppFolio - P/B ratio (from 2015 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	16.7	-4.69%
2024-12-31	17.5	-16.1%
2023-12-31	20.8	49.34%
2022-12-31	14.0	-1.13%
2021-12-31	14.1	-34.71%
2020-12-31	21.6	-24.03%
2019-12-31	28.5	30.18%
2018-12-31	21.9	31.99%
2017-12-31	16.6	43.57%
2016-12-31	11.5	71.19%
2015-12-31	6.74
2014-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Q2 QTWO	7.52	-55.78%	🇺🇸 USA
Qualys QLYS	9.61	-43.49%	🇺🇸 USA
SPS Commerce SPSC	3.64	-78.58%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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