Social networks and advertising. We rebuild its market value from the price, split it into its parts, and compare its multiples with those of its largest competitors.
Verified figures, not advice. Every number on this page comes from the company's own filings or from exchange prices, and the source is linked. Every calculation is shown, so you can repeat it. What we do not do is tell you what a share should be worth or whether to buy it: that depends on your goals and on forecasts, and no multiple can settle it. This is a snapshot: prices of 12 Oct 2026, company results up to mid 2026. Found a mistake? Tell us and we correct it.
StepNumberWhere it comes from
Share price (nominal value)
$742.96
Close of 12 Oct 2026
Shares outstanding
2.55 bn
Latest report or filing, as of 2026-07-24
Market capitalisation
$1.89tn
Price x shares
Market capitalisation is the value the stock market puts on all the shares together. It is the nominal share price multiplied by the number of shares.
Building blockAmountMeaning
Market capitalisation
$1.89tn
What the market asks for all the shares
+ Debt
$83.7bn
Borrowings, leases for premises excluded
- Cash
$15.5bn
Cash and equivalents
- Short-term investments
$74.8bn
Marketable securities due within a year
+ Minority interests
$0.0bn
Part of subsidiaries owned by others
Enterprise value (EV)
$1.89tn
The price of the whole business, as a buyer would see it
Of the $1.89tn market value, accounting book equity is $261.2bn. The remaining $1.63tn is what investors pay above the books: brands, software, customer relationships and expected growth that the balance sheet does not record. Price to book is 7.2x.
Context: Meta Platforms earns an EBITDA margin of 48%. The peers earn 6%, -2%, 39% (median 6%). A company that keeps more of each dollar of sales often trades at a higher multiple.
Pinterest and Snap sell advertising on social platforms but are far smaller. Alphabet competes for the same advertising budgets.
- EV / EBITDA: 17.2x against a peer median of 35.0x (mean 35.0x). Difference to the median: -51%.
- EV / sales: 8.3x against a peer median of 2.6x (mean 4.6x). Difference: +218%.
- P/E: 27.8x against a peer median of 33.2x. Difference: -16%.
These are descriptions of today's prices, not forecasts. "n.m." means not meaningful, for example negative profit.
Prices of 12 Oct 2026 from exchange historical data. Share counts, debt, cash and results from each company's filings, read on 13 and 14 October 2026. Foreign companies are converted at one stated rate.
Meta Platforms, Inc. (META)
Pinterest, Inc. (PINS)
- sec.gov (shares_outstanding)
- sec.gov (FY2025 income statement, cash flow, share counts)
- sec.gov (CFO appointment 8-K)
Snap Inc. (SNAP)
- sec.gov (shares_outstanding)
- sec.gov (FY2025 income statement and cash flow)
Alphabet Inc. (GOOGL)
Questions people ask
Does a higher multiple than competitors mean the share is overvalued?
No. It means investors pay more per dollar of sales or profit. The reason can be faster growth, higher margins or lower risk, or it can be excess optimism. A multiple gap is a question to investigate, not an answer.
Why use enterprise value and not only market cap?
Market cap prices the shares only. Enterprise value adds debt and subtracts cash, so it compares the whole business regardless of how it is financed.
Why show both the mean and the median of competitors?
The mean is pulled up by one extreme value. The median is the middle value and resists outliers. When they differ a lot, trust the median more.