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Friday 6 November 2026 Export APPF’s income statement to Excel — free account

AppFolio, Inc.

APPF Technology Software Application

AppFolio, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $950.8 million, up 19.7% from fiscal 2024.

Revenue
+18.6%
EPS
+38.3%
Free cash flow
+14.5%

Quarter to September 2026, against a year earlier

232.54 4.31 −1.82%
Market cap
$8.3B
P/E
48.8×
Fwd P/E
44.1×
Dividend yield
—
F-score
5/9
Altman Z
37.76
Beneish M
−2.90
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

AppFolio, Inc. (APPF) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, AppFolio, Inc. (APPF) trades at a P/B ratio of 14.1×. Over the past ten years it has ranged from 0.0× (June 2015) to 47.4× (June 2020); the current reading is higher than 31% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 15.4× (10.35%)
FY2024 17.2× (15.06%)
FY2023 20.3× 43.51%
FY2022 14.1× 0.38%
FY2021 14.1× (34.76%)
FY2020 21.6× (23.88%)
FY2019 28.3× 28.81%
FY2018 22.0× 34.24%
FY2017 16.4× 47.97%
FY2016 11.1× 158.52%

Quarterly newest first

Period P/B ratio Change
Sep 2026 12.2× 13.09%
Jun 2026 10.8× (9.98%)
Mar 2026 12.0× (22.41%)
Dec 2025 15.4× (22.13%)
43 more quarters

Against its own ten years

Low 0.0× High 47.4×
Ten-year median 17.2×
Current reading's percentile 27

P/B ratio against peers

Company P/B ratio
QNT Quantinuum Inc. compare 0.3×
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 1.5×
TTAN ServiceTitan Inc. compare 4.9×
DUOL Duolingo, Inc. compare 5.0×
IDCC InterDigital, Inc. compare 5.9×
ESTC Elastic N.V. compare 6.8×
PCTY Paylocity Holding Corporation compare 7.5×
APPF AppFolio, Inc. 14.1×
YOU CLEAR Secure, Inc. compare 43.6×
Software Application industry median 2.6×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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