Applied Digital (Applied Digital) PB Ratio : 3.13 (As of May. 06, 2024)

Applied Digital PB Ratio Chart

Applied Digital Annual Data
	Trend	May03	May04	May05	May06	May07	May08	May20	May21	May22	May23
PB Ratio		Get a 7-Day Free Trial					19.40	-	-	6.54	13.50

Applied Digital Quarterly Data
	May08	Aug08	Nov08	Feb09	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
PB Ratio	Get a 7-Day Free Trial															4.11	13.50	5.00	3.53	4.29

Competitive Comparison of Applied Digital's PB Ratio

For the Capital Markets subindustry, Applied Digital's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Applied Digital's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Applied Digital's PB Ratio distribution charts can be found below:

* The bar in red indicates where Applied Digital's PB Ratio falls into.

Applied Digital PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Applied Digital's PB Ratio for today is calculated as follows:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Applied Digital  (NAS:APLD) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Applied Digital PB Ratio Related Terms

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Applied Digital (Applied Digital) Business Description