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Coupang, Inc.

CPNG Consumer Cyclical Internet Retail

Coupang, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $34.5 billion, up 14.1% from fiscal 2024.

Revenue: +7.50%
EPS: −660.0%
Free cash flow: −116.3%
Total debt: −80.7%

Quarter to September 2026, against a year earlier

16.97 1.74 +11.42%

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Market cap: $27.4B
P/E: 0.0×
Fwd P/E: −26.4×
Dividend yield: —
F-score: 6/9
Altman Z: 3.69
Beneish M: −2.93
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Coupang, Inc. (CPNG) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, Coupang, Inc. (CPNG) trades at a P/B ratio of 9.7×. Over the past ten years it has ranged from 0.0× (March 2021) to 27.7× (July 2021); the current reading is higher than 29% of that period. That is above the Internet Retail industry median of 1.7× and above the Consumer Cyclical sector median of 1.7×.

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<iframe src="https://stockrow.com/embed/CPNG/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Coupang, Inc. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/CPNG/metrics/pb-ratio">Coupang, Inc. (CPNG) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	9.3×	(3.50%)
FY2024	9.6×	40.23%
FY2023	6.9×	(37.16%)
FY2022	10.9×	(43.26%)
FY2021	19.2×	—
FY2020	0.0×	—
FY2019	0.0×	—
FY2018	0.0×	—

Period	P/B ratio	Change
Sep 2026	8.8×	(16.11%)
Jun 2026	10.5×	19.32%
Mar 2026	8.8×	(5.49%)
Dec 2025	9.3×	(25.08%)
23 more quarters	Free account

Against its own ten years

Low 0.0× High 27.7×

Ten-year median 10.8×

Current reading's percentile 28

Company	P/B ratio
W Wayfair Inc. compare	n/m
JD JD.com, Inc. compare	0.9×
SE Sea Limited Sponsored ADR compare	3.7×
CART Maplebear Inc. compare	5.9×
DASH DoorDash, Inc. compare	7.4×
CPNG Coupang, Inc.	9.7×
MELI MercadoLibre, Inc. compare	10.8×
EBAY eBay Inc. compare	12.0×
CHWY Chewy compare	24.2×
Internet Retail industry median	1.7×
Consumer Cyclical sector median	1.7×
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 →

Coupang, Inc. (CPNG) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on CPNG

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on CPNG

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