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DraftKings (BSP:D2KN34) Price-to-Tangible-Book : (As of May. 28, 2025)


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What is DraftKings Price-to-Tangible-Book?

As of today (2025-05-28), DraftKings's share price is R$33.37. DraftKings's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was R$-3.07. Hence, DraftKings's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for DraftKings's Price-to-Tangible-Book or its related term are showing as below:

During the past 8 years, DraftKings's highest Price to Tangible Book Ratio was 88.41. The lowest was 10.08. And the median was 21.23.

BSP:D2KN34's Price-to-Tangible-Book is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.77
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, DraftKings's share price is R$33.37. DraftKings's Book Value per Sharefor the quarter that ended in Mar. 2025 was R$1.69. Hence, DraftKings's P/B Ratio of today is 19.77.


DraftKings Price-to-Tangible-Book Historical Data

The historical data trend for DraftKings's Price-to-Tangible-Book 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.

DraftKings Price-to-Tangible-Book Chart

DraftKings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial - 22.07 - - -

DraftKings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Price-to-Tangible-Book Get a 7-Day Free Trial 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 - - - - -

Competitive Comparison of DraftKings's Price-to-Tangible-Book

For the Gambling subindustry, DraftKings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


DraftKings's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DraftKings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where DraftKings's Price-to-Tangible-Book falls into.


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DraftKings Price-to-Tangible-Book Calculation

DraftKings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=33.37/-3.068
=

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


DraftKings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of DraftKings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


DraftKings Business Description

Traded in Other Exchanges
Address
222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in about 25 states and iGaming in five states, with both products available to around 40% of Canada's population. In 2024, sports revenue was 61% of total sales, i-gaming 32%, and fantasy and lottery 7%. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.

DraftKings Headlines

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