PB Ratio: 3.94

Basis: FMP quote market capitalization / matching reported stockholders equity. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 3.94 is 18% below its estimated 4-year average of 4.83, near the low end of its estimated 4-year range (1.23–15.84).

As of 2026-09-16T20:00:43.923Z. 38.17% below its estimated 12-month average of 6.37.

APLD PB Ratio Metrics

P/B vs. estimated history

At 3.94, P/B is below its estimated 4-year median — higher than 33% of readings in its estimated 4-year history.

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for Applied Digital Corp. (APLD)?

The P/B ratio for APLD stock is 3.94.

Is Applied Digital Corp.'s P/B ratio high or low?

The P/B ratio of 3.94 is 18% below its estimated 4-year average of 4.83, near the low end of its estimated 4-year range (1.23–15.84).

What is the estimated TTM average P/B ratio for Applied Digital Corp. (APLD)?

The estimated TTM average P/B ratio for APLD stock is 6.37.

What is the estimated 3Y average P/B ratio for Applied Digital Corp. (APLD)?

The estimated 3Y average P/B ratio for APLD stock is 5.08.

Showing the most recent 260 of 1,012 data points. The chart above shows the full history.

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