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 (2024-04-25), Digital Turbine's share price is $1.82. Digital Turbine's Book Value per Share for the quarter that ended in Dec. 2023 was $4.38. Hence, Digital Turbine's PB Ratio of today is 0.42.
Good Sign:
Digital Turbine Inc stock PB Ratio (=0.44) is close to 10-year low of 0.42
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: 0.42 Med: 4.15 Max: 131.76
Current: 0.42
During the past 13 years, Digital Turbine's highest PB Ratio was 131.76. The lowest was 0.42. And the median was 4.15.
APPS's PB Ratio is ranked better than 95.77% of 2578
companies
in the Software industry
Industry Median: 2.615
vs APPS: 0.42
During the past 12 months, Digital Turbine's average Book Value Per Share Growth Rate was -28.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 90.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 88.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 33.40% 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 0.15% 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.
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:
* 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.
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
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.
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