Snowflake price to book ratio SNOW

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

Today, Oct 23, 2026: 53.4×
6-year median: 14.5×
Against its 6-year history: 96th; percentile: 0 is its lowest day, 100 its highest
6-year range: 7.0× to 60.5×
Peer median: 12.9×

Snowflake's price to book ratio is 53.4× as of Oct 23, 2026.

That is above its 6-year median of 14.5×, higher than on 96% of days in the last 6 years.

Over that time it ranged from 7.0× in Jun 2022 to 60.5× in Oct 2026.

The median for 10 application software stocks of a similar size is 12.9×.

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	53.4×	21.8×	60.5×
2025	35.9×	14.5×	39.3×
2024	17.9×	8.5×	20.7×
2023	13.3×	7.4×	13.3×
2022	8.5×	7.0×	18.3×
2021	20.7×	12.0×	23.8×
2020	16.0×	16.0×	22.1×

Against its peers

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

Company	Price to book ratio
SNOWSnowflake	53.4×
ADPAutomatic Data Processing	20.0×
ADBEAdobe	8.7×
DDOGDatadog	22.2×
UBERUber Technologies	5.0×
INTUIntuit	4.8×
CDNSCadence Design Systems	12.7×
APPAppLovin	27.5×
NOWServiceNow	13.1×
CRMSalesforce	5.3×
SHOPShopify	17.1×
Peer median	12.9×

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 Snowflake

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