# PubMatic Inc. (PUBM) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Technology / Software - Application. Price $16.15, market value $736 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). PubMatic Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 2.5×**. Each dollar of revenue is priced at 2.5×.
- **Price / book: 3.1×**. The shares trade at 3.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 10.0%** (5-yr avg 8.2%). Free cash flow equals 10.0% of the market value, above its five-year average of 8.2%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 64.4%**. PubMatic Inc. keeps 64.4% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -5.0%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -5.1%**. The company reported a net loss over the last twelve months.
- **Return on equity: -5.5%**. Return on equity is negative because earnings are negative.
- **Return on assets: -2.0%**. Each dollar of assets produces -2.0% of profit.

## Growth
- **Revenue growth (1 yr): -2.9%** (3-yr 3.3%/yr, 5-yr 13.7%/yr). Revenue fell 2.9% over the last year, against 13.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -234.8%**. Earnings per share fell 234.8%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 9.1%/yr**. Free cash flow has compounded at 9.1% a year over three years.

## Financial health
- **Current ratio: 1.39** (quick 1.39). Current assets cover the next year's liabilities 1.39 times.
- **Altman Z-score: 2.19**. A Z-score of 2.19 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. PubMatic Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (11 analysts). 11 analysts cover PubMatic Inc.; the consensus is buy, with an average price target of $21.00 (+30% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 94.5%** (YTD 82.1%, 3-mo 18.4%). The shares are up 94.5% over twelve months including dividends.
- **From 52-week high: -17.1%** (162.6% above the low). Trading 17% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 1.45** (volatility 72%). Beta of 1.45 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PUBM · Page: https://foliofundamentals.com/stocks/pubm

Not investment advice.