Price to Book Value (P/BV)
since 2020
Calculation
CrowdStrike Holdings Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Total CrowdStrike Holdings, Inc. stockholders’ equity1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 5, 2026 | 24.41 | = | 106.54 | ÷ | 4.37 | 4.37 | = | 4,428,390 | ÷ | 1,014,456,360 | |
| Mar 10, 2025 | 23.35 | = | 77.22 | ÷ | 3.31 | 3.31 | = | 3,279,494 | ÷ | 991,493,660 | |
| Mar 7, 2024 | 34.61 | = | 82.42 | ÷ | 2.38 | 2.38 | = | 2,303,950 | ÷ | 967,474,632 | |
| Mar 9, 2023 | 19.61 | = | 30.42 | ÷ | 1.55 | 1.55 | = | 1,463,641 | ÷ | 943,455,940 | |
| Mar 16, 2022 | 42.67 | = | 47.42 | ÷ | 1.11 | 1.11 | = | 1,025,764 | ÷ | 923,071,440 | |
| Mar 18, 2021 | 48.91 | = | 47.55 | ÷ | 0.97 | 0.97 | = | 870,574 | ÷ | 895,504,916 | |
| Mar 23, 2020 | 14.78 | = | 12.86 | ÷ | 0.87 | 0.87 | = | 742,107 | ÷ | 852,852,060 |
Based on: 10-K (reporting date: 2026-01-31), 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of CrowdStrike Holdings Inc. Annual Report.
The financial metrics from March 2020 to March 2026 reveal a period of significant volatility in market valuation contrasted with steady growth in intrinsic book value. While the share price experienced sharp fluctuations, the company maintained a consistent upward trajectory in its equity position per share.
- Book Value Per Share (BVPS) Trend
- A consistent and linear increase in BVPS is observed, rising from US$ 0.87 in 2020 to US$ 4.37 by 2026. This represents a steady accumulation of net assets, indicating sustainable growth in the company's underlying accounting value throughout the analyzed period.
- Share Price Dynamics
- The share price exhibited substantial variance, characterized by a rapid ascent from US$ 12.86 in 2020 to US$ 47.55 in 2021, followed by a correction to US$ 30.42 by March 2023. A subsequent recovery phase began in 2024, with the price reaching a peak of US$ 106.54 by March 2026.
- Price to Book Value (P/BV) Ratio Analysis
- The P/BV ratio demonstrates extreme fluctuations, peaking at 48.91 in 2021, which indicates a period of high market optimism and a significant premium over the accounting value. The ratio contracted sharply to 19.61 in 2023, coinciding with the share price decline. From 2024 to 2026, the ratio stabilized between 23.35 and 24.41, suggesting a normalization of the valuation multiple as the book value continued to expand.
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Comparison to Competitors
CrowdStrike Holdings Inc., P/BV, long-term trends, comparison to competitors
| CrowdStrike Holdings Inc. | Accenture PLC | Adobe Inc. | AppLovin Corp. | Cadence Design Systems Inc. | Datadog Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 5, 2026 | 24.41 | — | — | — | — | — | — | — | 6.56 | 11.86 | — | — | 3.01 | — | — | 4.97 |
| Mar 10, 2025 | 23.35 | 4.79 | 10.74 | 65.10 | 14.77 | 11.50 | 6.59 | 9.46 | 11.11 | 28.96 | 43.07 | 16.29 | 4.59 | 9.42 | 3.25 | 7.15 |
| Mar 7, 2024 | 34.61 | 7.98 | 12.61 | 99.97 | 15.15 | 15.94 | 8.75 | 9.47 | 11.71 | 45.25 | 58.42 | 21.15 | 4.94 | 21.71 | 8.48 | 8.63 |
| Mar 9, 2023 | 19.61 | 7.44 | 16.31 | 16.06 | 24.05 | 21.22 | 7.49 | 8.92 | 11.92 | 308.71 | 14.90 | 42.84 | 3.13 | 20.60 | 14.02 | 8.58 |
| Mar 16, 2022 | 42.67 | 7.13 | 11.22 | 2.67 | 18.46 | 17.39 | 5.34 | 7.20 | 12.38 | — | 6.94 | 252.00 | 3.37 | 18.36 | 9.24 | 12.68 |
| Mar 18, 2021 | 48.91 | 11.06 | 15.94 | 7.83 | 13.68 | 48.66 | 5.90 | 15.71 | 15.16 | 41.57 | 10.48 | 71.88 | 4.73 | 30.36 | 10.50 | 18.38 |
| Mar 23, 2020 | 14.78 | 8.51 | 16.53 | — | 14.90 | 31.25 | 5.24 | 17.71 | 13.11 | 14.01 | 28.60 | 20.61 | 4.48 | 40.91 | 7.57 | 15.54 |
Based on: 10-K (reporting date: 2026-01-31), 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).
Comparison to Sector (Software & Services)
CrowdStrike Holdings Inc., P/BV, long-term trends, comparison to sector (software & services)
| CrowdStrike Holdings Inc. | Software & Services | |
|---|---|---|
| Mar 5, 2026 | 24.41 | — |
| Mar 10, 2025 | 23.35 | 10.70 |
| Mar 7, 2024 | 34.61 | 12.08 |
| Mar 9, 2023 | 19.61 | 11.43 |
| Mar 16, 2022 | 42.67 | 10.64 |
| Mar 18, 2021 | 48.91 | 13.62 |
| Mar 23, 2020 | 14.78 | 11.68 |
Based on: 10-K (reporting date: 2026-01-31), 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).
Comparison to Industry (Information Technology)
CrowdStrike Holdings Inc., P/BV, long-term trends, comparison to industry (information technology)
| CrowdStrike Holdings Inc. | Information Technology | |
|---|---|---|
| Mar 5, 2026 | 24.41 | — |
| Mar 10, 2025 | 23.35 | 14.12 |
| Mar 7, 2024 | 34.61 | 13.28 |
| Mar 9, 2023 | 19.61 | 11.48 |
| Mar 16, 2022 | 42.67 | 10.44 |
| Mar 18, 2021 | 48.91 | 12.53 |
| Mar 23, 2020 | 14.78 | 11.10 |
Based on: 10-K (reporting date: 2026-01-31), 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).