AD (Array Digital Infrastructure) Book Value per Share: $21.50 (As of Mar. 2026)


AD Array Digital Infrastructure Inc AD
66 GF Score
Price $36.24
GF Value $63.84
Valuation Possible Value Trap
! 6 Warning Signs
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What is Array Digital Infrastructure Book Value per Share?

Array Digital Infrastructure AD -0.74% 66 Book Value per Share is $21.50 as of Mar. 2026. GuruFocus rates AD with a GF Score™ of 66/100 and a GF Value™ of $63.84 (Possible Value Trap). The stock has 6 warning signs investors should review.

Array Digital Infrastructure's book value per share for the quarter that ended in Mar. 2026 was $21.50.

During the past 12 months, Array Digital Infrastructure's average Book Value Per Share Growth Rate was -60.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -17.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Array Digital Infrastructure was 84.90% per year. The lowest was -17.80% per year. And the median was 4.80% per year.

Array Digital Infrastructure's current price is $36.24. Its book value per share for the quarter that ended in Mar. 2026 was $21.50. Hence, today's PB Ratio of Array Digital Infrastructure is 1.69.

During the past 13 years, the highest P/B Ratio of Array Digital Infrastructure was 2.59. The lowest was 0.27. And the median was 0.81.


Array Digital Infrastructure  (NYSE:AD) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Array Digital Infrastructure Book Value per Share Related Terms


Array Digital Infrastructure Book Value per Share Historical Data

* Premium members only.

The historical data trend for Array Digital Infrastructure's Book Value per Share can be seen below:

* 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.

Array Digital Infrastructure Book Value per Share Chart

Array Digital Infrastructure Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.87 53.58 54.42 53.78 29.73

Array Digital Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.92 53.49 29.29 29.73 21.50

AD vs KYIV, LBTYA, TDS: Book Value per Share Comparison

For the Telecom Services subindustry, Array Digital Infrastructure'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.


Array Digital Infrastructure PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Array Digital Infrastructure's PB Ratio distribution charts can be found below:

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


AD
66GF Score
Array Digital Infrastructure Inc AD
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Array Digital Infrastructure Book Value per Share Calculation

Array Digital Infrastructure's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,568-0)/86
=29.72

Array Digital Infrastructure's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,859-0)/86
=21.50

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $21.50 mean?
Array Digital Infrastructure (AD) has a Book Value per Share of $21.50 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Array Digital Infrastructure and its competitors.
Is Array Digital Infrastructure's Book Value per Share too high?
Array Digital Infrastructure's current Book Value per Share is $21.50. Overall, Array Digital Infrastructure has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Digital Infrastructure's Book Value per Share compare to KYIV and LBTYA?
Array Digital Infrastructure's Book Value per Share of $21.50 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Telecommunication Services company?
A good Book Value per Share depends on the Telecommunication Services industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Array Digital Infrastructure and its competitors. Array Digital Infrastructure's current Book Value per Share is $21.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Array Digital Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Array Digital Infrastructure (AD) is currently considered Possible Value Trap. The stock's GF Value™ is $63.84, compared to a current price of $36.24 — trading 43.2% below its estimated fair value. The current Book Value per Share is $21.50. Array Digital Infrastructure's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Array Digital Infrastructure (AD), the current Book Value per Share is $21.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Array Digital Infrastructure (AD) Overvalued in 2026?

Based on GuruFocus' analysis, Array Digital Infrastructure stock appears to be undervalued. The current stock price of $36.24 is trading 43.2% below its estimated GF Value™ of $63.84. GuruFocus considers Array Digital Infrastructure to be Possible Value Trap.

Key valuation signals for AD:

  • Book Value per Share: $21.50
  • GF Value™: $63.84 vs. price of $36.24 (43.2% below fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the AD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Array Digital Infrastructure Business Description

Other Exchanges US7:Germany
Address 500 West Madison Street, Suite 810, Chicago, IL, USA, 60661
Array Digital Infrastructure, formerly US Cellular, sold its regional wireless operations serving about 4.4 million customers to T-Mobile in August 2025. The firm has agreed to sell most of its remaining spectrum licenses; however, it will still retain rights to C-band spectrum in several locations after these deals are closed. Array also owns a 5.5% stake in Verizon Wireless' Los Angeles operations, as well as other smaller wireless partnership interests in Oklahoma and upstate New York. The firm still operates a portfolio of about 4,400 wireless towers. Parent TDS has proposed to acquire the portion of Array that it doesn't already own in an all-stock transaction.
66GF Score

Get the complete analysis for AD

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$36.24
Price
$63.84
GF Value