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Akamai Technologies (FRA:AK3) PB Ratio

: 3.37 (As of Today)
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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 (2024-04-19), Akamai Technologies's share price is €93.80. Akamai Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was €27.88. Hence, Akamai Technologies's PB Ratio of today is 3.37.

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

FRA:AK3' s PB Ratio Range Over the Past 10 Years
Min: 2.35   Med: 3.68   Max: 4.82
Current: 3.31

During the past 13 years, Akamai Technologies's highest PB Ratio was 4.82. The lowest was 2.35. And the median was 3.68.

FRA:AK3's PB Ratio is ranked worse than
60.44% of 2576 companies
in the Software industry
Industry Median: 2.56 vs FRA:AK3: 3.31

During the past 12 months, Akamai Technologies's average Book Value Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Akamai Technologies was 31.50% per year. The lowest was 3.60% per year. And the median was 9.25% per year.

Back to Basics: PB Ratio


Akamai Technologies PB Ratio Historical Data

The historical data trend for Akamai Technologies'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 3.80 [6] => 4.04 [7] => 4.23 [8] => 3.00 [9] => 3.85 )
Akamai Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.80 4.04 4.23 3.00 3.85

Akamai Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 3.00 2.74 3.13 3.76 3.85

Competitive Comparison

For the Software - Infrastructure subindustry, Akamai Technologies'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.


Akamai Technologies PB Ratio Distribution

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

* The bar in red indicates where Akamai Technologies's PB Ratio falls into.



Akamai Technologies 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.

Akamai Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=93.80/27.875
=3.37

* 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.


Akamai Technologies  (FRA:AK3) 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.


Akamai Technologies PB Ratio Related Terms

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Akamai Technologies (FRA:AK3) Business Description

Traded in Other Exchanges
Address
145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.

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