Nebius Group N.V.

NBIS Technology Software Infrastructure

Nebius Group N.V.’s revenue for fiscal 2025 (year ended December 2025) was $529.8 million, up 479.0% from fiscal 2024.

Revenue
+454.0%
EPS
−127.8%
Free cash flow
−399.3%
Total debt
+617.7%

Quarter to June 2026, against a year earlier

151.42 10.03 +7.09%
Market cap
$38.4B
P/E
582×
Fwd P/E
34.8×
Dividend yield
—
F-score
7/9
Altman Z
2.11
Beneish M
10.38
Dividend safety
n/a

Nebius Group N.V. (NBIS) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, Nebius Group N.V. (NBIS) trades at a P/B ratio of 4.1×. Over the past ten years it has ranged from 1.0× (October 2024) to 10.2× (June 2026); the current reading is higher than 48% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 4.4× 200.02%
FY2024 1.5× (30.92%)
FY2023 2.1× 47.08%
FY2022 1.4× (75.78%)
FY2021 6.0× 18.29%
FY2020 5.1× (2.91%)
FY2019 5.2× 70.31%
FY2018 3.1× (59.71%)
FY2017 7.6× 47.33%
FY2016 5.2× (0.95%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 7.5× 102.34%
Mar 2026 3.7× (16.26%)
Dec 2025 4.4× (8.00%)
Sep 2025 4.8× 37.42%
42 more quarters

Against its own ten years

Low 1.0× High 10.2×
Ten-year median 4.3×
Current reading's percentile 50

P/B ratio against peers

Company P/B ratio
VRSN VeriSign, Inc. compare n/m
XYZ Block, Inc. compare 2.0×
TWLO Twilio Inc. compare 3.6×
NBIS Nebius Group N.V. 4.1×
OKTA Okta, Inc. compare 4.7×
CRWV CoreWeave Inc. compare 5.9×
CPAY Corpay, Inc. compare 7.4×
ZS Zscaler, Inc. compare 14.0×
NTAP NetApp, Inc. compare 25.0×
Software Infrastructure industry median 2.9×
Technology sector median 2.6×
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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