Stock Analysis on Net
Stock Analysis on Net

PayPal Holdings Inc. (NASDAQ:PYPL)

This company has been moved to the archive! The financial data has not been updated since May 9, 2023.

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel

Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).

Historical Valuation Ratios (Summary)

PayPal Holdings Inc., historical price multiples (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Price to earnings (P/E) 27.19 37.79 37.28 55.08 29.78 34.73 48.91 68.34 56.77 75.10 67.05 87.45 91.55 57.19 48.57 53.97 58.52 51.82 — — —
Price to operating profit (P/OP) 17.83 23.82 23.53 31.74 27.13 33.98 57.81 80.98 75.27 95.94 67.42 79.39 66.08 51.72 48.92 58.61 59.46 48.58 — — —
Price to sales (P/S) 2.62 3.32 3.17 4.29 4.13 5.71 9.82 13.95 12.95 14.71 10.38 11.75 9.40 7.91 7.23 8.29 8.15 6.90 — — —
Price to book value (P/BV) 3.70 4.51 4.23 5.73 5.18 6.66 10.93 15.92 15.23 15.76 11.40 12.80 10.76 8.33 7.47 8.39 8.54 6.93 6.83 7.03 6.17

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. PayPal Holdings Inc. P/E ratio increased from Q3 2022 to Q4 2022 but then decreased significantly from Q4 2022 to Q1 2023.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. PayPal Holdings Inc. P/OP ratio increased from Q3 2022 to Q4 2022 but then decreased significantly from Q4 2022 to Q1 2023.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. PayPal Holdings Inc. P/S ratio increased from Q3 2022 to Q4 2022 but then decreased significantly from Q4 2022 to Q1 2023.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. PayPal Holdings Inc. P/BV ratio increased from Q3 2022 to Q4 2022 but then decreased significantly from Q4 2022 to Q1 2023.

Price to Earnings (P/E)

PayPal Holdings Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 1,115,713,968 1,131,373,298 1,140,027,732 1,156,475,874 1,158,039,929 1,165,004,913 1,174,930,172 1,175,032,150 1,174,728,054 1,171,175,760 1,171,691,809 1,173,299,768 1,173,981,657 1,172,955,485 1,174,192,449 1,176,675,415 1,174,933,013 1,173,209,367 1,178,359,088 1,183,672,508 1,187,386,825
Selected Financial Data (US$)
Net income (loss) (in millions) 795 921 1,330 (341) 509 801 1,087 1,184 1,097 1,567 1,021 1,530 84 507 462 823 667 584 436 526 511
Earnings per share (EPS)2 2.42 2.14 2.02 1.78 3.09 3.58 4.20 4.14 4.44 3.59 2.68 2.20 1.60 2.10 2.16 2.13 1.88 1.75 0.00 0.00 0.00
Share price1, 3 65.91 80.80 75.18 97.92 92.09 124.30 205.42 283.17 252.02 269.44 179.81 192.51 146.29 119.89 104.91 115.12 110.22 90.85 87.57 89.14 76.03
Valuation Ratio
P/E ratio4 27.19 37.79 37.28 55.08 29.78 34.73 48.91 68.34 56.77 75.10 67.05 87.45 91.55 57.19 48.57 53.97 58.52 51.82 — — —
Benchmarks
P/E Ratio, Competitors5
Accenture PLC 23.64 22.93 27.30 31.69 40.88 36.58 32.02 31.11 31.97 28.32 27.95 20.33 27.24 24.58 24.95 25.00 21.74 24.10 — — —
Adobe Inc. 36.72 33.15 27.18 35.27 45.03 48.90 47.07 49.98 40.82 41.69 58.43 55.97 45.60 57.17 49.46 52.86 47.73 46.11 — — —
International Business Machines Corp. 62.36 71.56 95.23 20.78 22.19 19.40 23.26 23.99 23.63 19.30 12.46 14.07 12.44 13.35 — — — — — — —
Intuit Inc. 56.80 57.31 40.47 63.28 85.13 75.17 56.40 62.56 48.28 49.52 56.56 45.75 44.67 48.17 37.91 44.17 40.14 46.88 — — —
Microsoft Corp. 26.77 28.34 27.89 30.38 34.30 35.14 35.22 34.15 33.95 35.04 29.08 28.84 25.48 26.86 27.43 24.33 41.74 50.00 — — —
Oracle Corp. 35.29 26.85 27.46 26.70 17.45 15.84 15.15 17.19 17.88 16.69 14.05 15.99 16.13 16.89 17.00 41.89 48.26 45.90 — — —
Palo Alto Networks Inc. — — — — — — — — — — — — — — — — — — — — —
Salesforce Inc. 174.67 135.68 147.95 110.94 48.91 48.20 58.10 104.23 — 1,204.70 188.52 139.92 106.17 107.70 — — — — — — —
ServiceNow Inc. 231.71 284.28 417.74 479.20 452.04 487.70 620.23 681.34 654.66 978.47 142.19 113.61 99.10 106.89 — — — — — — —
Synopsys Inc. 57.28 51.76 53.76 46.52 48.45 73.37 64.13 45.71 56.52 55.92 51.53 54.36 46.45 39.55 32.80 28.89 26.11 29.60 — — —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
EPS = (Net income (loss)Q1 2023 + Net income (loss)Q4 2022 + Net income (loss)Q3 2022 + Net income (loss)Q2 2022) ÷ No. shares of common stock outstanding
= (795,000,000 + 921,000,000 + 1,330,000,000 + -341,000,000) ÷ 1,115,713,968 = 2.42

3 Closing price as at the filing date of PayPal Holdings Inc. Quarterly or Annual Report.

4 Q1 2023 Calculation
P/E ratio = Share price ÷ EPS
= 65.91 ÷ 2.42 = 27.19

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. PayPal Holdings Inc. P/E ratio increased from Q3 2022 to Q4 2022 but then decreased significantly from Q4 2022 to Q1 2023.

Price to Operating Profit (P/OP)

PayPal Holdings Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 1,115,713,968 1,131,373,298 1,140,027,732 1,156,475,874 1,158,039,929 1,165,004,913 1,174,930,172 1,175,032,150 1,174,728,054 1,171,175,760 1,171,691,809 1,173,299,768 1,173,981,657 1,172,955,485 1,174,192,449 1,176,675,415 1,174,933,013 1,173,209,367 1,178,359,088 1,183,672,508 1,187,386,825
Selected Financial Data (US$)
Operating income (in millions) 999 1,244 1,118 764 711 1,050 1,043 1,127 1,042 963 977 951 398 799 697 705 518 598 490 572 534
Operating profit per share2 3.70 3.39 3.20 3.09 3.39 3.66 3.55 3.50 3.35 2.81 2.67 2.42 2.21 2.32 2.14 1.96 1.85 1.87 0.00 0.00 0.00
Share price1, 3 65.91 80.80 75.18 97.92 92.09 124.30 205.42 283.17 252.02 269.44 179.81 192.51 146.29 119.89 104.91 115.12 110.22 90.85 87.57 89.14 76.03
Valuation Ratio
P/OP ratio4 17.83 23.82 23.53 31.74 27.13 33.98 57.81 80.98 75.27 95.94 67.42 79.39 66.08 51.72 48.92 58.61 59.46 48.58 — — —
Benchmarks
P/OP Ratio, Competitors5
Accenture PLC 17.50 16.83 19.98 23.62 31.03 28.35 25.67 24.96 25.29 22.21 21.16 15.44 20.55 18.63 18.87 18.37 15.30 16.75 — — —
Adobe Inc. 28.49 25.85 21.47 28.50 36.67 40.64 49.83 54.24 47.80 51.75 56.53 54.83 41.99 51.63 45.51 48.61 45.19 42.06 — — —
International Business Machines Corp. 13.98 14.35 15.37 15.24 17.07 16.23 19.92 19.33 17.63 15.90 10.75 12.76 12.48 11.94 — — — — — — —
Intuit Inc. 43.50 46.05 33.22 53.54 71.64 62.00 46.48 52.54 39.99 41.56 49.11 39.04 37.66 40.45 32.48 37.00 32.80 37.92 — — —
Microsoft Corp. 22.07 24.72 24.66 27.51 31.35 30.79 30.72 29.13 28.71 29.30 25.90 25.91 22.91 24.54 23.40 20.99 21.05 23.63 — — —
Oracle Corp. 20.25 16.51 18.93 24.87 15.78 14.31 12.98 12.20 12.88 12.17 10.92 12.75 12.96 13.83 13.38 12.20 13.73 12.83 — — —
Palo Alto Networks Inc. — — — — — — — — — — — — — — — — — — — — —
Salesforce Inc. 818.64 357.52 280.57 236.57 228.93 431.39 914.43 3,682.10 — 511.08 295.22 267.46 221.93 223.46 — — — — — — —
ServiceNow Inc. 224.96 260.26 357.30 404.46 408.11 436.46 570.38 493.80 404.36 583.07 475.62 421.22 625.53 1,590.30 — — — — — — —
Synopsys Inc. 50.41 43.85 48.91 42.54 47.17 75.64 65.25 49.28 59.98 59.90 58.40 54.81 48.73 40.48 45.42 45.04 38.51 35.54 — — —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
Operating profit per share = (Operating incomeQ1 2023 + Operating incomeQ4 2022 + Operating incomeQ3 2022 + Operating incomeQ2 2022) ÷ No. shares of common stock outstanding
= (999,000,000 + 1,244,000,000 + 1,118,000,000 + 764,000,000) ÷ 1,115,713,968 = 3.70

3 Closing price as at the filing date of PayPal Holdings Inc. Quarterly or Annual Report.

4 Q1 2023 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 65.91 ÷ 3.70 = 17.83

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. PayPal Holdings Inc. P/OP ratio increased from Q3 2022 to Q4 2022 but then decreased significantly from Q4 2022 to Q1 2023.

Price to Sales (P/S)

PayPal Holdings Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 1,115,713,968 1,131,373,298 1,140,027,732 1,156,475,874 1,158,039,929 1,165,004,913 1,174,930,172 1,175,032,150 1,174,728,054 1,171,175,760 1,171,691,809 1,173,299,768 1,173,981,657 1,172,955,485 1,174,192,449 1,176,675,415 1,174,933,013 1,173,209,367 1,178,359,088 1,183,672,508 1,187,386,825
Selected Financial Data (US$)
Net revenues (in millions) 7,040 7,383 6,846 6,806 6,483 6,918 6,182 6,238 6,033 6,116 5,459 5,261 4,618 4,961 4,378 4,305 4,128 4,226 3,683 3,857 3,685
Sales per share2 25.16 24.32 23.73 22.82 22.30 21.78 20.91 20.29 19.47 18.32 17.32 16.38 15.56 15.15 14.51 13.89 13.53 13.17 0.00 0.00 0.00
Share price1, 3 65.91 80.80 75.18 97.92 92.09 124.30 205.42 283.17 252.02 269.44 179.81 192.51 146.29 119.89 104.91 115.12 110.22 90.85 87.57 89.14 76.03
Valuation Ratio
P/S ratio4 2.62 3.32 3.17 4.29 4.13 5.71 9.82 13.95 12.95 14.71 10.38 11.75 9.40 7.91 7.23 8.29 8.15 6.90 — — —
Benchmarks
P/S Ratio, Competitors5
Accenture PLC 2.67 2.56 3.04 3.57 4.72 4.28 3.86 3.72 3.75 3.26 3.11 2.26 3.01 2.72 2.73 2.63 2.17 2.35 — — —
Adobe Inc. 9.66 8.95 7.61 10.33 13.47 14.94 18.20 19.39 16.61 17.04 18.15 17.19 12.64 15.11 12.91 13.88 13.40 13.23 — — —
International Business Machines Corp. 1.89 1.94 1.99 1.95 2.10 1.94 1.82 1.96 1.83 1.47 1.31 1.47 1.46 1.63 — — — — — — —
Intuit Inc. 8.01 9.30 7.87 12.04 17.26 16.09 13.50 14.16 12.12 11.78 11.03 10.47 10.18 11.05 9.23 10.11 8.31 9.52 — — —
Microsoft Corp. 9.20 10.40 10.50 11.70 13.21 12.81 12.33 11.43 10.96 10.85 9.70 9.52 8.07 8.38 7.84 6.89 6.84 7.51 — — —
Oracle Corp. 4.64 4.25 4.96 6.62 5.96 5.38 4.90 4.53 4.67 4.33 3.80 4.42 4.47 4.74 4.61 4.19 4.70 4.41 — — —
Palo Alto Networks Inc. 8.70 9.62 9.22 9.68 11.48 10.72 8.85 9.71 7.64 6.66 7.03 6.29 7.16 7.06 7.13 9.22 6.77 9.75 — — —
Salesforce Inc. 6.27 7.40 10.30 11.09 9.72 9.24 10.19 12.73 8.72 8.88 8.75 9.02 8.77 9.00 — — — — — — —
ServiceNow Inc. 12.17 12.75 12.13 13.36 16.11 19.02 24.74 22.46 20.63 25.66 23.60 20.92 18.03 19.36 — — — — — — —
Synopsys Inc. 10.44 10.03 11.21 9.86 9.78 13.22 11.85 9.27 10.69 10.08 9.21 7.59 6.65 6.27 6.21 5.41 4.85 4.10 — — —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
Sales per share = (Net revenuesQ1 2023 + Net revenuesQ4 2022 + Net revenuesQ3 2022 + Net revenuesQ2 2022) ÷ No. shares of common stock outstanding
= (7,040,000,000 + 7,383,000,000 + 6,846,000,000 + 6,806,000,000) ÷ 1,115,713,968 = 25.16

3 Closing price as at the filing date of PayPal Holdings Inc. Quarterly or Annual Report.

4 Q1 2023 Calculation
P/S ratio = Share price ÷ Sales per share
= 65.91 ÷ 25.16 = 2.62

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. PayPal Holdings Inc. P/S ratio increased from Q3 2022 to Q4 2022 but then decreased significantly from Q4 2022 to Q1 2023.

Price to Book Value (P/BV)

PayPal Holdings Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 1,115,713,968 1,131,373,298 1,140,027,732 1,156,475,874 1,158,039,929 1,165,004,913 1,174,930,172 1,175,032,150 1,174,728,054 1,171,175,760 1,171,691,809 1,173,299,768 1,173,981,657 1,172,955,485 1,174,192,449 1,176,675,415 1,174,933,013 1,173,209,367 1,178,359,088 1,183,672,508 1,187,386,825
Selected Financial Data (US$)
Total PayPal stockholders’ equity (in millions) 19,858 20,274 20,264 19,767 20,603 21,727 22,090 20,905 19,441 20,019 18,483 17,640 15,967 16,885 16,483 16,139 15,157 15,386 15,115 15,019 14,641
Book value per share (BVPS)2 17.80 17.92 17.78 17.09 17.79 18.65 18.80 17.79 16.55 17.09 15.77 15.03 13.60 14.40 14.04 13.72 12.90 13.11 12.83 12.69 12.33
Share price1, 3 65.91 80.80 75.18 97.92 92.09 124.30 205.42 283.17 252.02 269.44 179.81 192.51 146.29 119.89 104.91 115.12 110.22 90.85 87.57 89.14 76.03
Valuation Ratio
P/BV ratio4 3.70 4.51 4.23 5.73 5.18 6.66 10.93 15.92 15.23 15.76 11.40 12.80 10.76 8.33 7.47 8.39 8.54 6.93 6.83 7.03 6.17
Benchmarks
P/BV Ratio, Competitors5
Accenture PLC 7.26 7.13 8.46 9.85 12.45 11.06 9.57 9.27 9.38 8.51 8.64 6.53 8.73 8.15 8.50 8.38 7.22 9.44 10.77 9.99 10.78
Adobe Inc. 12.24 11.22 9.10 12.33 15.78 15.94 19.07 20.14 16.77 16.53 19.27 19.03 14.08 16.03 13.41 14.11 12.97 12.76 14.79 13.37 12.12
International Business Machines Corp. 5.29 5.34 5.99 5.98 6.43 5.90 4.99 5.83 5.93 5.24 4.65 5.39 5.61 6.04 6.67 7.52 7.55 — — — —
Intuit Inc. 6.64 7.20 5.97 8.81 18.30 15.71 12.05 12.32 18.11 17.71 15.95 20.02 19.43 20.00 15.37 23.25 18.21 24.12 20.68 38.10 33.53
Microsoft Corp. 10.77 12.38 12.40 13.52 15.32 15.16 14.67 13.45 13.07 13.11 11.75 11.61 9.87 10.30 10.10 8.86 9.14 10.02 9.14 9.34 6.78
Oracle Corp. — — — — — 41.57 21.84 22.54 19.31 14.01 10.62 11.23 9.59 8.59 7.70 5.45 4.92 3.84 4.02 3.54 3.60
Palo Alto Networks Inc. 99.68 251.98 141.27 399.29 100.84 71.88 35.40 35.42 36.65 20.61 30.82 12.21 14.24 12.91 13.49 22.29 13.10 22.92 26.22 25.13 20.63
Salesforce Inc. 2.98 3.37 4.51 4.70 5.10 4.73 5.13 6.42 4.60 4.48 4.17 7.74 7.48 7.66 7.32 8.54 8.58 — — — —
ServiceNow Inc. 16.55 18.36 18.56 21.02 25.22 30.36 38.72 35.47 32.82 40.91 37.26 33.38 29.58 31.48 31.83 38.92 41.50 — — — —
Synopsys Inc. 9.58 9.24 9.90 8.43 8.17 10.50 9.38 7.26 8.37 7.57 7.04 6.04 5.41 5.16 5.22 4.47 4.08 3.68 4.81 4.04 4.04

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
BVPS = Total PayPal stockholders’ equity ÷ No. shares of common stock outstanding
= 19,858,000,000 ÷ 1,115,713,968 = 17.80

3 Closing price as at the filing date of PayPal Holdings Inc. Quarterly or Annual Report.

4 Q1 2023 Calculation
P/BV ratio = Share price ÷ BVPS
= 65.91 ÷ 17.80 = 3.70

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. PayPal Holdings Inc. P/BV ratio increased from Q3 2022 to Q4 2022 but then decreased significantly from Q4 2022 to Q1 2023.