GDS HoldingsGDS -0.27%77 PB Ratio is 1.42 as of Jun. 26, 2026, which is 35% below its 10-year median of 2.19. GuruFocus rates GDS with a GF Score™ of 77/100 and a GF Value™ of $21.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,624 Software companies, GDS Holdings ranks better than 70.69% 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 (2026-06-26), GDS Holdings's share price is $29.25. GDS Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was $20.58. Hence, GDS Holdings's PB Ratio of today is 1.42.
Good Sign:
GDS Holdings Ltd stock PB Ratio (=1.43) is close to 1-year low of 1.43.
The historical rank and industry rank for GDS Holdings's PB Ratio or its related term are showing as below:
GDS'
s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 2.19 Max: 8.53
Current: 1.42
During the past 12 years, GDS Holdings's highest PB Ratio was 8.53. The lowest was 0.38. And the median was 2.19.
GDS's PB Ratio is ranked better than 70.69% of 2624
companies
in the Software industry
Industry Median: 2.32
vs GDS: 1.42
During the past 12 months, GDS Holdings's average Book Value Per Share Growth Rate was 19.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.70% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of GDS Holdings was 53.60% per year. The lowest was -12.80% per year. And the median was 21.50% per year.
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.
GDS Holdings PB Ratio Related Terms
GDS Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for GDS Holdings'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.
For the Information Technology Services subindustry, GDS Holdings'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.
GDS Holdings PB Ratio vs Software Industry
For the Software industry and Technology sector, GDS Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where GDS Holdings'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.
GDS Holdings'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.
GDS Holdings (GDS) has a PB Ratio of 1.42 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on GDS Holdings and its competitors. This is 35% below median its historical median of 2.19. Over the past decade, GDS Holdings' PB Ratio has ranged from 0.38 to 8.53. According to the industry distribution chart, GDS Holdings ranks #769 out of 2624 companies in the Software industry, placing it in the top 29.3%.
Is GDS Holdings' PB Ratio too high?
GDS Holdings' current PB Ratio of 1.42 is 35% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 8.53. The Software industry median PB Ratio is 2.32. GDS Holdings' value of 1.42 is 38.8% below this industry median. Based on the distribution chart, GDS Holdings ranks #769 out of 2624 companies in the Software industry, which is above the industry midpoint. Overall, GDS Holdings has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GDS Holdings' PB Ratio compare to INGM and PSN?
According to the Software industry distribution chart, GDS Holdings ranks #769 out of 2624 companies for PB Ratio. This puts GDS Holdings in the upper half of its industry. The industry median PB Ratio is 2.32. GDS Holdings' value of 1.42 is 38.8% below this benchmark. Historically, GDS Holdings' own PB Ratio has ranged from 0.38 to 8.53 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 2.32, GDS Holdings 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 2.32, based on 2,624 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. GDS Holdings's current PB Ratio of 1.42 is 38.8% 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 GDS Holdings and its competitors. For the Software industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDS Holdings's current PB Ratio is 1.42, which is 35% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDS Holdings stock overvalued right now?
Based on GuruFocus' analysis, GDS Holdings (GDS) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.32, compared to a current price of $29.25 — trading 37.2% above its estimated fair value. The current PB Ratio is 1.42, which is 35% below median its 10-year median of 2.19 and 38.8% below the Software industry median of 2.32. GDS Holdings' overall GF Score™ is 77/100 with 5 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 GDS Holdings (GDS), the current PB Ratio is 1.42 as of Jun. 26, 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 GDS Holdings (GDS) Overvalued in 2026?
Based on GuruFocus' analysis, GDS Holdings stock appears to be overvalued.
The current stock price of $29.25 is trading 37.2% above its estimated GF Value™ of $21.32.
GuruFocus considers GDS Holdings to be Significantly Overvalued.
Key valuation signals for GDS:
PB Ratio: 1.42 (35% below median its 10-year median of 2.19)
GF Value™: $21.32 vs. price of $29.25 (37.2% above fair value)
Industry Position: 38.8% below the Software median (#769 of 2624)
No single metric tells the full story. See the GDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GDS Holdings started as an IT service provider in 2001, then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates, and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. Its data centers are located predominantly in and around the Tier 1 cities in China, and it has also started expanding into Southeast Asia via the now 23% owned DayOne. GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.
77GF Score
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