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Navan price to book ratio NAVN

Market value divided by the book value of the company's net assets, since 2025.

Today, Oct 23, 2026
5.3×
Peer median
8.8×

Navan's price to book ratio is 5.3× as of Oct 23, 2026.

It has traded since Dec 19, 2025, and over that time its price to book ratio ranged from 1.8× in Mar 2026 to 6.0× in Aug 2026.

The median for 10 infrastructure software stocks of a similar size is 8.8×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far5.3×1.8×6.0×
20253.2×3.1×3.2×

Against its peers

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

CompanyPrice to book ratio
NAVNNavan5.3×
CVLTCommvault Systems135×
OTEXOpen Text1.7×
PATHUiPath3.8×
APPFAppfolio14.2×
QLYSQualys13.3×
YOUClear Secure29.8×
SAICScience Applications International4.3×
BOXBoxn/m
DBXDropboxn/m
ACIWACI Worldwide3.8×
Peer median8.8×

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 Navan

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