Webull Corporation

BULL Technology Software Application

Webull Corporation’s revenue for fiscal 2025 (year ended December 2025) was $571.0 million, up 46.3% from fiscal 2024.

Revenue
+51.2%
EPS
+104.2%
Free cash flow
−454,633.3%
Total debt
−32.4%

Quarter to June 2026, against a year earlier

4.85 0.54 −10.02%
Market cap
$2.6B
P/E
48.5×
Fwd P/E
—
Dividend yield
—
F-score
3/9
Altman Z
0.34
Beneish M
−2.24
Dividend safety
n/a

Webull Corporation (BULL) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Webull Corporation (BULL) trades at a P/B ratio of 2.5×. Over the past ten years it has ranged from 0.0× (June 2025) to 10.2× (July 2025); the current reading is higher than 71% of that period. That is below the Software Application industry median of 2.6× and in line with the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 3.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.3× 33.66%
Mar 2026 2.5× (18.27%)
Dec 2025 3.0× (58.17%)
Sep 2025 7.3× 5.83%
6 more quarters

Against its own ten years

Low 0.0× High 10.2×
Ten-year median 0.0×
Current reading's percentile 71

P/B ratio against peers

Company P/B ratio
FSLY Fastly, Inc. compare 2.5×
BULL Webull Corporation 2.5×
NCNO nCino Inc. compare 2.6×
SPSC SPS Commerce, Inc. compare 3.2×
ALRM Alarm.com Holdings, Inc. compare 3.8×
VIA Via Transportation Inc. compare 5.0×
VERX Vertex, Inc. compare 15.7×
BLKB Blackbaud, Inc. compare 20.7×
ASAN Asana, Inc. compare 24.7×
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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