Coupang price to book ratio CPNG

Market value divided by the book value of the company's net assets, since 2021.

Today, Oct 23, 2026: 8.4×
5-year median: 11.2×
Against its 5-year history: 12th; percentile: 0 is its lowest day, 100 its highest
5-year range: 6.5× to 22.3×
Peer median: 6.6×

Coupang's price to book ratio is 8.4× as of Oct 23, 2026.

That is below its 5-year median of 11.2×, lower than on 88% of days in the last 5 years.

Over that time it ranged from 6.5× in Feb 2026 to 22.3× in Jul 2021.

The median for 10 specialty retail stocks of a similar size is 6.6×.

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	8.4×	6.5×	9.9×
2025	9.4×	8.8×	13.1×
2024	9.7×	7.7×	12.0×
2023	9.9×	9.4×	13.8×
2022	12.0×	9.7×	17.7×
2021	20.0×	16.5×	22.3×

Against its peers

Companies in Specialty Retail nearest Coupang's size, closest first, today.

Company	Price to book ratio
CPNGCoupang	8.4×
CASYCasey's General Stores	6.3×
ULTAUlta Beauty	10.1×
WSMWilliams-Sonoma	13.9×
BBYBest Buy	6.6×
TSCOTractor Supply	6.6×
DKSDick's Sporting Goods	2.2×
GMEGameStop	2.0×
AZOAutoZone	n/m
EBAYeBay	11.6×
CHWYChewy	23.8×
Peer median	6.6×

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 Coupang

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