Reddit price to book ratio RDDT

Market value divided by the book value of the company's net assets, since 2024.

Today, Oct 23, 2026: 8.4×
2-year median: 10.1×
Against its 2-year history: 23rd; percentile: 0 is its lowest day, 100 its highest
2-year range: 4.6× to 20.7×
Peer median: 2.9×

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

That is below its 2-year median of 10.1×, lower than on 77% of days in the last 2 years.

Over that time it ranged from 4.6× in Aug 2024 to 20.7× in Sep 2025.

The median for 10 communication services stocks of a similar size is 2.9×.

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×	7.9×	17.8×
2025	16.4×	7.4×	20.7×
2024	15.4×	4.6×	15.4×

Against its peers

Companies in Communication Services nearest Reddit's size, closest first, today.

Company	Price to book ratio
RDDTReddit	8.4×
FOXAFox	2.4×
ROKURoku	8.3×
TKOTKO	9.6×
OMCOmnicom	2.3×
FWONKLiberty Media	2.9×
LYVLive Nation Entertainment	n/m
NWSANews	2.0×
WMGWarner Music	18.9×
CHTRCharter Communications	0.8×
NYTNew York Times	5.5×
Peer median	2.9×

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 Reddit

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