GDS Holdings (GDS Holdings) Price-to-Tangible-Book

: 0.67 (As of Today)

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As of today (2024-04-24), GDS Holdings's share price is $6.77. GDS Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $10.10. Hence, GDS Holdings's Price to Tangible Book Ratio of today is 0.67.

The historical rank and industry rank for GDS Holdings's Price-to-Tangible-Book or its related term are showing as below:

GDS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 5.58 Max: 10.34
Current: 0.67

During the past 9 years, GDS Holdings's highest Price to Tangible Book Ratio was 10.34. The lowest was 0.65. And the median was 5.58.

GDS's Price-to-Tangible-Book is ranked better than
95.07% of 2089 companies
in the Software industry
Industry Median: 3.52 vs GDS: 0.67

A closely related ratio is called PB Ratio. As of today, GDS Holdings's share price is $6.77. GDS Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was $15.89. Hence, GDS Holdings's P/B Ratio of today is 0.43.

GDS Holdings Price-to-Tangible-Book Historical Data

The historical data trend for GDS Holdings's Price-to-Tangible-Book 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.

* Premium members only.

GDS Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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7.91

8.89

5.58

3.87

1.98

GDS Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.72	1.98	1.69	1.05	1.08

Competitive Comparison

For the Information Technology Services subindustry, GDS Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

GDS Holdings Price-to-Tangible-Book Distribution

For the Software industry and Technology sector, GDS Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where GDS Holdings's Price-to-Tangible-Book falls into.

GDS Holdings Price-to-Tangible-Book Calculation

GDS Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	6.77	/	10.102
	=	0.67

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

GDS Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of GDS Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

GDS Holdings (GDS Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GDS Holdings Ltd (NAS:GDS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GDS:Mexico 09698:Hong Kong G40:Germany G1DS34:Brazil

Address

No. 999 Zhouhai Road, F4/F5, Building C, Sunland International, Pudong, Shanghai, CHN, 200137

Website

https://www.gds-services.com

GDS Holdings started as an IT service provider in 2001 then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. It has aggressively raised capital over the past four years for expansion. Its data centers are located predominantly in and around the Tier 1 cities in China and it has also started an expanding into Southeast Asia. GDS listed on the NASDAQ in 2016 and completed a secondary listing in Hong Kong in 2020.