The Descartes Systems GroupDSGX -2.05%87 PB Ratio is 3.50 as of Jun. 25, 2026, which is 35% below its 10-year median of 5.35. GuruFocus rates DSGX with a GF Score™ of 87/100 and a GF Value™ of $114.14 (Significantly Undervalued). Among 2,625 Software companies, The Descartes Systems Group ranks worse than 68.46% on this metric.
The Descartes Systems Group Inc stock PB Ratio (=3.7) is close to 10-year low of 3.37.
The historical rank and industry rank for The Descartes Systems Group's PB Ratio or its related term are showing as below:
DSGX'
s PB Ratio Range Over the Past 10 Years
Min: 3.37 Med: 5.35 Max: 7.88
Current: 3.63
During the past 13 years, The Descartes Systems Group's highest PB Ratio was 7.88. The lowest was 3.37. And the median was 5.35.
DSGX's PB Ratio is ranked worse than 68.46% of 2625
companies
in the Software industry
Industry Median: 2.36
vs DSGX: 3.63
During the past 12 months, The Descartes Systems Group's average Book Value Per Share Growth Rate was 10.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of The Descartes Systems Group was 65.70% per year. The lowest was -50.90% per year. And the median was 14.80% per year.
Back to Basics: PB Ratio
The Descartes Systems Group (NAS:DSGX) PB Ratio Explanation
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.
The Descartes Systems Group PB Ratio Related Terms
The Descartes Systems Group PB Ratio Historical Data
* 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.
For the Software - Application subindustry, The Descartes Systems Group'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.
The Descartes Systems Group PB Ratio vs Software Industry
For the Software industry and Technology sector, The Descartes Systems Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where The Descartes Systems Group's PB Ratio falls into.
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.
* 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 Descartes Systems Group (DSGX) has a PB Ratio of 3.50 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on The Descartes Systems Group and its competitors. This is 35% below median its historical median of 5.35. Over the past decade, The Descartes Systems Group's PB Ratio has ranged from 3.37 to 7.88. According to the industry distribution chart, The Descartes Systems Group ranks #1797 out of 2625 companies in the Software industry, placing it in the top 68.5%.
Is The Descartes Systems Group's PB Ratio too high?
The Descartes Systems Group's current PB Ratio of 3.50 is 35% below median its 10-year median of 5.35. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 7.88. The Software industry median PB Ratio is 2.36. The Descartes Systems Group's value of 3.50 is 48.3% above this industry median. Based on the distribution chart, The Descartes Systems Group ranks #1797 out of 2625 companies in the Software industry, which is below the industry midpoint. Overall, The Descartes Systems Group has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, The Descartes Systems Group ranks #1797 out of 2625 companies for PB Ratio. This places The Descartes Systems Group in the lower half of its industry. The industry median PB Ratio is 2.36. The Descartes Systems Group's value of 3.50 is 48.3% above this benchmark. Historically, The Descartes Systems Group's own PB Ratio has ranged from 3.37 to 7.88 over the past decade. While the company's 10-year median is 5.35 vs. the industry median of 2.36, The Descartes Systems Group has consistently been above 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 2.36, based on 2,625 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. The Descartes Systems Group's current PB Ratio of 3.50 is 48.3% above 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 The Descartes Systems Group and its competitors. For the Software industry, the median PB Ratio is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Descartes Systems Group's current PB Ratio is 3.50, which is 35% below median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
Based on GuruFocus' analysis, The Descartes Systems Group (DSGX) is currently considered Significantly Undervalued. The stock's GF Value™ is $114.14, compared to a current price of $66.41 — trading 41.8% below its estimated fair value. The current PB Ratio is 3.50, which is 35% below median its 10-year median of 5.35 and 48.3% above the Software industry median of 2.36. The Descartes Systems Group's overall GF Score™ is 87/100. 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 The Descartes Systems Group (DSGX), the current PB Ratio is 3.50 as of Jun. 25, 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 The Descartes Systems Group (DSGX) Overvalued in 2026?
Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued.
The current stock price of $66.41 is trading 41.8% below its estimated GF Value™ of $114.14.
GuruFocus considers The Descartes Systems Group to be Significantly Undervalued.
Key valuation signals for DSGX:
PB Ratio: 3.50 (35% below median its 10-year median of 5.35)
GF Value™: $114.14 vs. price of $66.41 (41.8% below fair value)
Industry Position: 48.3% above the Software median (#1797 of 2625)
No single metric tells the full story. See the DSGX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
87GF Score
Get the complete analysis for DSGX
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DSGX has been successfully added to your 
