SMWB (Similarweb) PB Ratio: 23.53 (As of Jun. 27, 2026) — Near Median


SMWB Similarweb Ltd SMWB
68 GF Score
Price $5.60
GF Value $8.70
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Similarweb PB Ratio?

Similarweb SMWB +8.74% 68 PB Ratio is 23.53 as of Jun. 27, 2026, which is 9% below its 10-year median of 25.79. GuruFocus rates SMWB with a GF Score™ of 68/100 and a GF Value™ of $8.70 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,624 Software companies, Similarweb ranks worse than 96.65% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-27), Similarweb's share price is $5.60. Similarweb's Book Value per Share for the quarter that ended in Mar. 2026 was $0.24. Hence, Similarweb's PB Ratio of today is 23.53.

The historical rank and industry rank for Similarweb's PB Ratio or its related term are showing as below:

SMWB' s PB Ratio Range Over the Past 10 Years
Min: 9.4   Med: 25.79   Max: 51.29
Current: 23.33

During the past 7 years, Similarweb's highest PB Ratio was 51.29. The lowest was 9.40. And the median was 25.79.

SMWB's PB Ratio is ranked worse than
96.65% of 2624 companies
in the Software industry
Industry Median: 2.32 vs SMWB: 23.33

During the past 12 months, Similarweb's average Book Value Per Share Growth Rate was -17.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.30% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Similarweb was -2.30% per year. The lowest was -33.60% per year. And the median was -17.95% per year.

Back to Basics: PB Ratio


Similarweb  (NYSE:SMWB) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Similarweb PB Ratio Related Terms


Similarweb PB Ratio Historical Data

* Premium members only.

The historical data trend for Similarweb's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Similarweb PB Ratio Chart

Similarweb Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 15.78 22.40 26.92 42.55 27.95

Similarweb Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.82 28.20 32.07 27.95 10.97

SMWB vs RMNI, CURR, API: PB Ratio Comparison

For the Software - Application subindustry, Similarweb's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Similarweb PB Ratio vs Software Industry

For the Software industry and Technology sector, Similarweb's PB Ratio distribution charts can be found below:

* The bar in red indicates where Similarweb's PB Ratio falls into.


SMWB
68GF Score
Similarweb Ltd SMWB
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Similarweb PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Similarweb's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=5.60/0.238
=23.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 23.53 mean?
Similarweb (SMWB) has a PB Ratio of 23.53 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Similarweb and its competitors. This is near median its historical median of 25.79. Over the past decade, Similarweb's PB Ratio has ranged from 9.40 to 51.29. According to the industry distribution chart, Similarweb ranks #2536 out of 2624 companies in the Software industry, placing it in the top 96.6%.
Is Similarweb's PB Ratio too high?
Similarweb's current PB Ratio of 23.53 is near median its 10-year median of 25.79. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 51.29. The Software industry median PB Ratio is 2.32. Similarweb's value of 23.53 is 914.2% above this industry median. Based on the distribution chart, Similarweb ranks #2536 out of 2624 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Similarweb has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Similarweb's PB Ratio compare to RMNI and CURR?
According to the Software industry distribution chart, Similarweb ranks #2536 out of 2624 companies for PB Ratio. This places Similarweb in the lower half of its industry. The industry median PB Ratio is 2.32. Similarweb's value of 23.53 is 914.2% above this benchmark. Historically, Similarweb's own PB Ratio has ranged from 9.40 to 51.29 over the past decade. While the company's 10-year median is 25.79 vs. the industry median of 2.32, Similarweb has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.32, based on 2,624 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Similarweb's current PB Ratio of 23.53 is 914.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Similarweb and its competitors. For the Software industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Similarweb's current PB Ratio is 23.53, which is near median its own 10-year median of 25.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Similarweb stock overvalued right now?
Based on GuruFocus' analysis, Similarweb (SMWB) is currently considered Possible Value Trap. The stock's GF Value™ is $8.70, compared to a current price of $5.60 — trading 35.6% below its estimated fair value. The current PB Ratio is 23.53, which is near median its 10-year median of 25.79 and 914.2% above the Software industry median of 2.32. Similarweb's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Similarweb (SMWB), the current PB Ratio is 23.53 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Similarweb (SMWB) Overvalued in 2026?

Based on GuruFocus' analysis, Similarweb stock appears to be undervalued. The current stock price of $5.60 is trading 35.6% below its estimated GF Value™ of $8.70. GuruFocus considers Similarweb to be Possible Value Trap.

Key valuation signals for SMWB:

  • PB Ratio: 23.53 (near median its 10-year median of 25.79)
  • GF Value™: $8.70 vs. price of $5.60 (35.6% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 914.2% above the Software median (#2536 of 2624)

No single metric tells the full story. See the SMWB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Similarweb Business Description

Other Exchanges 63X:Germany
Address 33 Yitzhak Rabin Road, Givatayim, ISR, 5348303
Similarweb Ltd provides digital data and analytics that power critical business decisions. The group recognizes revenue from subscriptions to the platform and other subscription products on a straight-line basis over the term of the contract subscription period beginning on the date access to the platform is granted, provided all other revenue recognition criteria have been met. It has geographic presence in Israel, the United States, the United Kingdom, Asia Pacific, Europe, and Other. The group generates the majority of its revenue from the United States.
68GF Score

Get the complete analysis for SMWB

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.60
Price
$8.70
GF Value