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Digital Turbine (Digital Turbine) PB Ratio : 0.70 (As of Jun. 24, 2024)


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What is Digital Turbine PB Ratio?

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. As of today (2024-06-24), Digital Turbine's share price is $1.46. Digital Turbine's Book Value per Share for the quarter that ended in Mar. 2024 was $2.09. Hence, Digital Turbine's PB Ratio of today is 0.70.

The historical rank and industry rank for Digital Turbine's PB Ratio or its related term are showing as below:

APPS' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 3.98   Max: 130.88
Current: 0.7

During the past 13 years, Digital Turbine's highest PB Ratio was 130.88. The lowest was 0.58. And the median was 3.98.

APPS's PB Ratio is ranked better than
92.15% of 2572 companies
in the Software industry
Industry Median: 2.595 vs APPS: 0.70

During the past 12 months, Digital Turbine's average Book Value Per Share Growth Rate was -65.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 52.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Digital Turbine was 231.60% per year. The lowest was -67.60% per year. And the median was 1.90% per year.

Back to Basics: PB Ratio


Digital Turbine PB Ratio Historical Data

The historical data trend for Digital Turbine's PB Ratio 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.

Digital Turbine PB Ratio Chart

Digital Turbine Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.86 49.85 8.27 2.03 1.25

Digital Turbine Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 2.03 1.55 1.37 1.57 1.25

Competitive Comparison of Digital Turbine's PB Ratio

For the Software - Application subindustry, Digital Turbine'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.


Digital Turbine's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Digital Turbine's PB Ratio distribution charts can be found below:

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



Digital Turbine 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=1.46/2.094
=0.70

* 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.


Digital Turbine  (NAS:APPS) 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.


Digital Turbine PB Ratio Related Terms

Thank you for viewing the detailed overview of Digital Turbine's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Digital Turbine (Digital Turbine) Business Description

Traded in Other Exchanges
Address
110 San Antonio Street, Suite 160, Austin, TX, USA, 78701
Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence.
Executives
Jeff Karish director C/O FIRST PACTRUST BANCORP INC, 610 BAY BOULEVARD, CHULA VISTA CA 91910
Robert M Deutschman director
Mohan S Gyani director 7277 164TH AVE NE, BLDG1, REDMOND WA 98052
Stone William Gordon Iii officer: President, COO 2811 CAHUENGA BOULEVARD WEST, LOS ANGELES CA 90068
Holyce Hess Groos director 58 CHRISTIANA COURT, LAKE GEORGE NY 12845
Roy H Chestnutt director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Senthilkumaran Kanagaratnam officer: Chief Technology Officer 5717 LA SEYNE PLACE, SAN JOSE CA 95138
Matthew Gillis officer: President 2400 BOSTON STREET, SUITE 201, BALTIMORE MD 21224
Michelle M Sterling director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Mary Spilman director C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016
Michael Benjamin Miller officer: Chief Accounting Officer 360 WEST FOREST GROVE ROAD, LUCAS TX 75002
David Wesch officer: Acting CAO 1300 GUADALUPE STREET, SUITE 302, AUSTIN TX 78701
Christopher Thomas Rogers director 2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Christine Collins officer: CTO 111 NUECES STREET, AUSTIN TX 78701
Paul M Schaeffer director 5200 ENCINO AVENUE, ENCINO CA 91316

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