Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
DoorDashDASH -1.00%84 Price-to-Tangible-Book is 40.08 as of Sep. 03, 2026. GuruFocus rates DASH with a GF Score™ of 84/100 and a GF Value™ of $225.49 (Fairly Valued). The stock has 4 warning signs investors should review. Among 985 Retail - Cyclical companies, DoorDash ranks worse than 98.48% on this metric.
As of today (2026-09-03), DoorDash's share price is $223.98. DoorDash's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $5.59. Hence, DoorDash's Price to Tangible Book Ratio of today is 40.08.
The historical rank and industry rank for DoorDash's Price-to-Tangible-Book or its related term are showing as below:
DASH'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.93 Med: 12.03 Max: 43.63
Current: 40.07
During the past 8 years, DoorDash's highest Price to Tangible Book Ratio was 43.63. The lowest was 4.93. And the median was 12.03.
DASH's Price-to-Tangible-Book is ranked worse than 98.48% of 985
companies
in the Retail - Cyclical industry
Industry Median: 1.73
vs DASH: 40.07
A closely related ratio is called PB Ratio. As of today, DoorDash's share price is $223.98. DoorDash's Book Value per Sharefor the quarter that ended in Jun. 2026 was $22.90. Hence, DoorDash's P/B Ratio of today is 9.78.
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.
DoorDash Price-to-Tangible-Book Related Terms
DoorDash Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for DoorDash'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.
DASH vs MELI, PDD, SE: Price-to-Tangible-Book Comparison
For the Internet Retail subindustry, DoorDash'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.
DoorDash Price-to-Tangible-Book vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, DoorDash's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where DoorDash's Price-to-Tangible-Book falls into.
* 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.
DoorDash (DASH) has a Price-to-Tangible-Book of 40.08 as of Sep. 03, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on DoorDash and its competitors. According to the industry distribution chart, DoorDash ranks #970 out of 985 companies in the Retail - Cyclical industry, placing it in the top 98.5%.
Is DoorDash's Price-to-Tangible-Book too high?
DoorDash's current Price-to-Tangible-Book is 40.08. The Retail - Cyclical industry median Price-to-Tangible-Book is 1.73. DoorDash's value of 40.08 is 2216.8% above this industry median. Based on the distribution chart, DoorDash ranks #970 out of 985 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, DoorDash has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DoorDash's Price-to-Tangible-Book compare to MELI and PDD?
According to the Retail - Cyclical industry distribution chart, DoorDash ranks #970 out of 985 companies for Price-to-Tangible-Book. This places DoorDash in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.73. DoorDash's value of 40.08 is 2216.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Retail - Cyclical company?
The median Price-to-Tangible-Book among Retail - Cyclical companies is 1.73, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DoorDash's current Price-to-Tangible-Book of 40.08 is 2216.8% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on DoorDash and its competitors. For the Retail - Cyclical industry, the median Price-to-Tangible-Book is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DoorDash's current Price-to-Tangible-Book is 40.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DoorDash stock overvalued right now?
Based on GuruFocus' analysis, DoorDash (DASH) is currently considered Fairly Valued. The stock's GF Value™ is $225.49, compared to a current price of $223.98 — trading 0.7% below its estimated fair value. The current Price-to-Tangible-Book is 40.08 and 2216.8% above the Retail - Cyclical industry median of 1.73. DoorDash's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For DoorDash (DASH), the current Price-to-Tangible-Book is 40.08 as of Sep. 03, 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 DoorDash (DASH) Overvalued in 2026?
Based on GuruFocus' analysis, DoorDash stock appears to be undervalued.
The current stock price of $223.98 is trading 0.7% below its estimated GF Value™ of $225.49.
GuruFocus considers DoorDash to be Fairly Valued.
Key valuation signals for DASH:
Price-to-Tangible-Book: 40.08
GF Value™: $225.49 vs. price of $223.98 (0.7% below fair value)
Industry Position: 2216.8% above the Retail - Cyclical median (#970 of 985)
No single metric tells the full story. See the DASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2013 within the confines of the San Francisco application renaissance, DoorDash is an online delivery demand aggregator. Consumers can use its app to order food on demand for delivery or in-store pickup from participating merchants. Following the 2022 acquisition of Wolt, the firm also provides this service in Europe and Asia. DoorDash creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. The firm provides similar services to non-restaurant businesses, such as grocery, retail, and pet supplies. DoorDash is also rolling out emerging technologies, such as drone delivery, to continually innovate and deliver the best possible service to both supply-side and demand-side participants in its marketplace.
84GF Score
Get the complete analysis for DASH
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DASH has been successfully added to your 
