PubMatic price to free cash flow PUBM

Market value divided by free cash flow over the last twelve months, since 2022.

Today, Oct 23, 2026: 10.7×
5-year median: 12.2×
Against its 5-year history: 34th; percentile: 0 is its lowest day, 100 its highest
5-year range: 4.4× to 23.6×
Peer median: 8.4×

PubMatic's price to free cash flow is 10.7× as of Oct 23, 2026.

That is below its 5-year median of 12.2×, lower than on 66% of days in the last 5 years.

Over that time it ranged from 4.4× in Feb 2026 to 23.6× in Apr 2022.

The median for 10 application software stocks of a similar size is 8.4×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	10.7×	4.4×	11.6×
2025	6.0×	5.9×	13.6×
2024	11.0×	8.5×	16.8×
2023	14.4×	11.2×	23.3×
2022	10.9×	10.7×	23.6×

Against its peers

Companies in Software - Application nearest PubMatic's size, closest first, today.

Company	Price to free cash flow
PUBMPubMatic	10.7×
TASKTaskUs	6.5×
EVEREverQuote	8.4×
YEXTYext	13.7×
MNTNMNTN	n/m
NRDSNerdwallet	4.3×
IBEXIBEX	20.1×
HSTMHealthstream	14.7×
CARSCars.com	3.9×
OOMAOoma	18.0×
UPWKUpwork	5.8×
Peer median	8.4×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on PubMatic

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