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DigitalOcean HoldingsDOCN +4.13%72 Price-to-Tangible-Book is 29.19 as of Aug. 18, 2026, which is 71% above its 10-year median of 17.12. GuruFocus rates DOCN with a GF Score™ of 72/100 and a GF Value™ of $44.32 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,196 Software companies, DigitalOcean Holdings ranks worse than 94.54% on this metric.
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.
DigitalOcean Holdings Price-to-Tangible-Book Related Terms
DigitalOcean Holdings Price-to-Tangible-Book Historical Data
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The historical data trend for DigitalOcean Holdings'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.
DOCN vs NTNX, RBRK, CHKP: Price-to-Tangible-Book Comparison
For the Software - Infrastructure subindustry, DigitalOcean Holdings'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.
DigitalOcean Holdings Price-to-Tangible-Book vs Software Industry
For the Software industry and Technology sector, DigitalOcean Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where DigitalOcean Holdings'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.
DigitalOcean Holdings (DOCN) has a Price-to-Tangible-Book of 29.19 as of Aug. 18, 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 DigitalOcean Holdings and its competitors. This is 71% above median its historical median of 17.12. Over the past decade, DigitalOcean Holdings' Price-to-Tangible-Book has ranged from 5.55 to 33.88. According to the industry distribution chart, DigitalOcean Holdings ranks #2076 out of 2196 companies in the Software industry, placing it in the top 94.5%.
Is DigitalOcean Holdings' Price-to-Tangible-Book too high?
DigitalOcean Holdings' current Price-to-Tangible-Book of 29.19 is 71% above median its 10-year median of 17.12. Over the past 10 years, this metric has ranged from a low of 5.55 to a high of 33.88. The Software industry median Price-to-Tangible-Book is 3.36. DigitalOcean Holdings' value of 29.19 is 768.8% above this industry median. Based on the distribution chart, DigitalOcean Holdings ranks #2076 out of 2196 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, DigitalOcean Holdings has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DigitalOcean Holdings' Price-to-Tangible-Book compare to NTNX and RBRK?
According to the Software industry distribution chart, DigitalOcean Holdings ranks #2076 out of 2196 companies for Price-to-Tangible-Book. This places DigitalOcean Holdings in the lower half of its industry. The industry median Price-to-Tangible-Book is 3.36. DigitalOcean Holdings' value of 29.19 is 768.8% above this benchmark. Historically, DigitalOcean Holdings' own Price-to-Tangible-Book has ranged from 5.55 to 33.88 over the past decade. While the company's 10-year median is 17.12 vs. the industry median of 3.36, DigitalOcean Holdings 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 Price-to-Tangible-Book for a Software company?
The median Price-to-Tangible-Book among Software companies is 3.36, based on 2,196 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. DigitalOcean Holdings's current Price-to-Tangible-Book of 29.19 is 768.8% 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 DigitalOcean Holdings and its competitors. For the Software industry, the median Price-to-Tangible-Book is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DigitalOcean Holdings's current Price-to-Tangible-Book is 29.19, which is 71% above median its own 10-year median of 17.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DigitalOcean Holdings stock overvalued right now?
Based on GuruFocus' analysis, DigitalOcean Holdings (DOCN) is currently considered Significantly Overvalued. The stock's GF Value™ is $44.32, compared to a current price of $135.28 — trading 205.2% above its estimated fair value. The current Price-to-Tangible-Book is 29.19, which is 71% above median its 10-year median of 17.12 and 768.8% above the Software industry median of 3.36. DigitalOcean Holdings' overall GF Score™ is 72/100 with 6 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 DigitalOcean Holdings (DOCN), the current Price-to-Tangible-Book is 29.19 as of Aug. 18, 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 DigitalOcean Holdings (DOCN) Overvalued in 2026?
Based on GuruFocus' analysis, DigitalOcean Holdings stock appears to be overvalued.
The current stock price of $135.28 is trading 205.2% above its estimated GF Value™ of $44.32.
GuruFocus considers DigitalOcean Holdings to be Significantly Overvalued.
Key valuation signals for DOCN:
Price-to-Tangible-Book: 29.19 (71% above median its 10-year median of 17.12)
GF Value™: $44.32 vs. price of $135.28 (205.2% above fair value)
Industry Position: 768.8% above the Software median (#2076 of 2196)
No single metric tells the full story. See the DOCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups, and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. Geographically, the company generates maximum revenue from North America and also has a presence in Europe, Asia, and the Rest of the world.
72GF Score
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