Toast, Inc.

TOST Technology Software Infrastructure

Toast, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.2 billion, up 24.1% from fiscal 2024.

Revenue
+23.1%
EPS
+92.9%
Free cash flow
−37.5%

Quarter to June 2026, against a year earlier

33.72 0.30 +0.90%
Market cap
$19.4B
P/E
40.6×
Fwd P/E
33.1×
Dividend yield
—
F-score
7/9
Altman Z
14.49
Beneish M
−2.91
Dividend safety
n/a

Toast, Inc. (TOST) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, Toast, Inc. (TOST) trades at a P/B ratio of 9.5×. Over the past ten years it has ranged from 0.0× (September 2021) to 17.3× (November 2024); the current reading is higher than 49% 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 9.7× (26.22%)
FY2024 13.2× 63.89%
FY2023 8.0× (1.67%)
FY2022 8.2× (11.30%)
FY2021 9.2× —
FY2020 0.0× —
FY2019 0.0× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 7.9× 0.55%
Mar 2026 7.8× (19.63%)
Dec 2025 9.7× (8.25%)
Sep 2025 10.6× (24.95%)
21 more quarters

Against its own ten years

Low 0.0× High 17.3×
Ten-year median 9.7×
Current reading's percentile 49

P/B ratio against peers

Company P/B ratio
RBRK Rubrik, Inc. compare n/m
GDDY GoDaddy Inc. compare n/m
KSPI Joint Stock Company Kaspi.kz Sponsored ADR compare 3.1×
FFIV F5, Inc. compare 4.7×
CHKP Check Point Software Technologies Ltd. compare 5.4×
GEN Gen Digital Inc. compare 6.5×
TOST Toast, Inc. 9.5×
IOT Samsara Inc. compare 15.0×
NTNX Nutanix compare 24.8×
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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