Clearwater Analytics (CWAN)

P/B ratio as of December 2025 : 3.46

According to Clearwater Analytics's latest financial reports the company has a price-to-book ratio of 10.8265.
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.

Clearwater Analytics - P/B ratio (from 2021 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	3.55	-47.22%
2024-12-31	6.72	-49.79%
2023-12-31	13.4	-18.15%
2022-12-31	16.4	5.05%
2021-12-31	15.6
2020-12-31	N/A

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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Clearwater Analytics (CWAN) - P/B ratio