What is Yelp's price / book?

Yelp (YELP) reported price / book of 2.3× in Q1 2026.

How has Yelp's price / book changed year-over-year?

Yelp's price / book decreased by 29.5% year-over-year, from 3.3× to 2.3×.

What is the long-term trend for Yelp's price / book?

Over 5 years (2020 to 2025), Yelp's price / book has grown at a -1.2% compound annual growth rate (CAGR), from 2.8× to 2.6×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

Yelp YELP Price / book

Price / book at other companies

Meta Platforms, Inc.META

5.9×-2.0×

Nextdoor Holdings, Inc.NXDR

1.4×—

RedditRDDT

8.1×-0.5×

QuinStreetQNST

2.2×-2.1×

CarGurus, Inc.CARG

13.7×+6.1×

Alphabet Inc.GOOGL

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Other financials

Income statement

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Revenue$361.5M+0.8%

Gross profit$323.0M-0.2%

Operating income$27.3M-7.3%

Net income$17.7M-27.3%

EPS (diluted)$0.30-16.7%

Balance sheet

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Cash & equivalents$110.4M-0.6%

Total debt$24.9M-25.6%

Total equity$631.1M-13.3%

Total assets$1.0B+2.9%

Cash flow

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Operating cash flow$57.8M-41.0%

CapEx$12.7M+20.2%

Free cash flow$45.2M-48.4%

Valuation

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Market cap$1.28B-41.6%

Enterprise value$1.2B-43.5%

P/E9.3×-6.1×

P/S0.9×-0.7×

Profitability

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Gross margin90%-0.8pp

Operating margin12.4%+0.6pp

Net margin9.5%-0.5pp

FCF margin19.2%+0.4pp

Returns & leverage

See full

Return on equity20.4%+0.7pp

Debt / equity0×0.0×

Current ratio1.7×-1.2×

Where this comes from

Calculated from Yelp’s reported figures.

market cap/total stockholders equity=2.3×

Based on the most recent quarter.

The official record: Yelp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Yelp's price / book?: Yelp (YELP) reported price / book of 2.3× in Q1 2026.
How has Yelp's price / book changed year-over-year?: Yelp's price / book decreased by 29.5% year-over-year, from 3.3× to 2.3×.
What is the long-term trend for Yelp's price / book?: Over 5 years (2020 to 2025), Yelp's price / book has grown at a -1.2% compound annual growth rate (CAGR), from 2.8× to 2.6×.
What does price / book mean?: Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.