Digital Workforce Services (FRA:DQ4) PB Ratio: 2.37 (As of Jul. 29, 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:DQ4 Digital Workforce Services PLC FRA:DQ4
75 GF Score
Price €2.54
GF Value €3.99
! 4 Warning Signs
View Full Analysis

What is Digital Workforce Services PB Ratio?

Digital Workforce Services FRA:DQ4 75 PB Ratio is 2.37 as of Jul. 29, 2026, which is 14% below its 10-year median of 2.74. GuruFocus rates FRA:DQ4 with a GF Score™ of 75/100 and a GF Value™ of €3.99. The stock has 4 warning signs investors should review. Among 2,633 Software companies, Digital Workforce Services ranks worse than 50.47% on this metric.

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 (2026-07-29), Digital Workforce Services's share price is €2.54. Digital Workforce Services's Book Value per Share for the quarter that ended in Jun. 2026 was €1.07. Hence, Digital Workforce Services's PB Ratio of today is 2.37.

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

FRA:DQ4' s PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 2.74   Max: 3.96
Current: 2.42

During the past 8 years, Digital Workforce Services's highest PB Ratio was 3.96. The lowest was 1.85. And the median was 2.74.

FRA:DQ4's PB Ratio is ranked worse than
50.47% of 2633 companies
in the Software industry
Industry Median: 2.39 vs FRA:DQ4: 2.42

During the past 12 months, Digital Workforce Services's average Book Value Per Share Growth Rate was -18.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Digital Workforce Services was 317.30% per year. The lowest was -7.10% per year. And the median was 65.25% per year.

Back to Basics: PB Ratio


Digital Workforce Services  (FRA:DQ4) 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 Workforce Services PB Ratio Related Terms


Digital Workforce Services PB Ratio Historical Data

* Premium members only.

The historical data trend for Digital Workforce Services'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.

Digital Workforce Services PB Ratio Chart

Digital Workforce Services Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 3.85 2.81 2.29 2.94 2.12

Digital Workforce Services Quarterly Data
Dec18 Dec19 Dec20 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 3.53 2.94 2.92 2.12 2.16

FRA:DQ4 vs IBM, ACN, FISV: PB Ratio Comparison

For the Information Technology Services subindustry, Digital Workforce Services'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 Workforce Services PB Ratio vs Software Industry

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

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


FRA:DQ4
75GF Score
Digital Workforce Services PLC FRA:DQ4
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=2.54/1.072
=2.37

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.37 mean?
Digital Workforce Services (FRA:DQ4) has a PB Ratio of 2.37 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Digital Workforce Services and its competitors. This is 14% below median its historical median of 2.74. Over the past decade, Digital Workforce Services' PB Ratio has ranged from 1.85 to 3.96. According to the industry distribution chart, Digital Workforce Services ranks #1329 out of 2633 companies in the Software industry, placing it in the top 50.5%.
Is Digital Workforce Services' PB Ratio too high?
Digital Workforce Services' current PB Ratio of 2.37 is 14% below median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 3.96. The Software industry median PB Ratio is 2.39. Digital Workforce Services' value of 2.37 is 0.8% below this industry median. Based on the distribution chart, Digital Workforce Services ranks #1329 out of 2633 companies in the Software industry, which is below the industry midpoint. Overall, Digital Workforce Services has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Digital Workforce Services' PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Digital Workforce Services ranks #1329 out of 2633 companies for PB Ratio. This places Digital Workforce Services in the lower half of its industry. The industry median PB Ratio is 2.39. Digital Workforce Services' value of 2.37 is 0.8% below this benchmark. Historically, Digital Workforce Services' own PB Ratio has ranged from 1.85 to 3.96 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 2.39, Digital Workforce Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.39, based on 2,633 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Digital Workforce Services's current PB Ratio of 2.37 is 0.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Digital Workforce Services and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Workforce Services's current PB Ratio is 2.37, which is 14% below median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Workforce Services stock overvalued right now?
Digital Workforce Services (FRA:DQ4) has a current PB Ratio of 2.37. The stock's GF Value™ is €3.99, compared to a current price of €2.54 — trading 36.3% below its estimated fair value. The current PB Ratio is 2.37, which is 14% below median its 10-year median of 2.74 and 0.8% below the Software industry median of 2.39. Digital Workforce Services' overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Digital Workforce Services (FRA:DQ4), the current PB Ratio is 2.37 as of Jul. 29, 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 Digital Workforce Services (FRA:DQ4) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Workforce Services stock appears to be undervalued. The current stock price of €2.54 is trading 36.3% below its estimated GF Value™ of €3.99.

Key valuation signals for FRA:DQ4:

  • PB Ratio: 2.37 (14% below median its 10-year median of 2.74)
  • GF Value™: €3.99 vs. price of €2.54 (36.3% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 0.8% below the Software median (#1329 of 2633)

No single metric tells the full story. See the FRA:DQ4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Digital Workforce Services Business Description

Other Exchanges DWF:Finland
Address WeLand, Itamerenkatu 25, Helsinki, FIN, 00180
Digital Workforce Services PLC provides business automation and technology solutions. With the Digital Workforce Outsmart platform and services including Enterprise AI agents organizations transform knowledge work, reduce costs, accelerate digitization, grow revenue, and improve customer experience. Its Design Services include Business Process Study, Process Redesign for Automation, and Advisory Se; and its Automation Delivery Services include IA Talent Augmentation, Implementation Projects, and Training and Mentoring. Geographically it operates in Finland, Sweden, Other Nordics, UK, Other EU, and Outside EU; deriving majority of the revenue from Finland.
75GF Score

Get the complete analysis for FRA:DQ4

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

€2.54
Price
€3.99
GF Value