Asana price to book ratio ASAN

Market value divided by the book value of the company's net assets, since 2020.

Today, Oct 23, 2026: 26.4×
6-year median: 14.0×
Against its 6-year history: 79th; percentile: 0 is its lowest day, 100 its highest
6-year range: 6.3× to 199×
Peer median: 3.6×

Asana's price to book ratio is 26.4× as of Oct 23, 2026.

That is above its 6-year median of 14.0×, higher than on 79% of days in the last 6 years.

Over that time it ranged from 6.3× in Jan 2023 to 199× in Feb 2021.

The median for 10 infrastructure software stocks of a similar size is 3.6×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	26.4×	8.4×	26.4×
2025	17.4×	12.8×	22.2×
2024	20.6×	8.7×	23.1×
2023	12.7×	6.3×	15.6×
2022	7.4×	7.1×	51.3×
2021	56.2×	44.1×	199×
2020	170×	163×	174×

Against its peers

Companies in Software - Infrastructure nearest Asana's size, closest first, today.

Company	Price to book ratio
ASANAsana	26.4×
NTCTNetscout Systems	1.7×
BLKBBlackbaud	37.6×
NCNOnCino	2.6×
ALRMAlarm.com	3.6×
KDKyndryl	3.0×
SPSCSPS Commerce	3.6×
AGYSAgilysys	10.1×
AVPTAvePoint	8.0×
BLBlackline	6.4×
MQMarqeta	2.7×
Peer median	3.6×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Asana

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.