Applied Digital (APLD) Price to Book (2022 - 2026)
Applied Digital's (APLD) Price to Book came in at 4.69 for fiscal Q1 2027 (quarter ended Aug 31, 2026), up 13.9% from 4.12 a year earlier but down 40.5% from the prior quarter.
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Analysis
Applied Digital (APLD) Price to Book (2022 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Applied Digital's Price to Book stood at 7.89, up 155.7% from FY2025.
- In prior fiscal years, Applied Digital's Price to Book was 3.09 in FY2025 (-20.1%), 3.87 in FY2024 (-66.5%), 11.52 in FY2023 (+230.9%) and 3.48 in FY2022.
- Quarterly Price to Book has run from a low of 2.38 in fiscal Q1 2025 to a high of 11.52 in fiscal Q4 2023 over five years.
- On a year-over-year basis, Price to Book has increased in each of the last five quarters, with growth averaging 35.7% over the last eight quarters.
- The strongest year-over-year quarter for Price to Book in the past five years was fiscal Q4 2023, with growth of 230.9%; the weakest was fiscal Q4 2024, with a decline of 66.5%.
- According to Business Quant data, Price to Book for the three prior fiscal quarters was 7.89 (Q4 2026), 4.92 (Q3 2026) and 5.22 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,905.32 Bn | 3,828.48 Bn | 60.48 Bn |
| 2 | International Business Machines | 232.33 Bn | 183.14 Bn | 9.91 Bn |
| 3 | Cloudflare | 109.71 Bn | 93.24 Bn | 499.52 Mn |
| 4 | Equinix | 92.81 Bn | 81.38 Bn | 1.40 Bn |
| 5 | Nebius | 38.56 Bn | 11.99 Bn | 448.70 Mn |
| 6 | CoreWeave | 31.29 Bn | 18.38 Bn | 1.70 Bn |
| 7 | Verisign | 28.15 Bn | 25.36 Bn | 384.60 Mn |
| 8 | Nutanix | 18.60 Bn | 10.28 Bn | 651.35 Mn |
| 9 | GoDaddy | 14.65 Bn | 10.23 Bn | 828.20 Mn |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 4.69 |
| May 31, 2026 | 7.89 |
| Feb 28, 2026 | 4.92 |
| Nov 30, 2025 | 5.22 |
| Aug 31, 2025 | 4.12 |
| May 31, 2025 | 3.09 |
| Feb 28, 2025 | 3.95 |
| Nov 30, 2024 | 5.03 |
| Aug 31, 2024 | 2.38 |
| May 31, 2024 | 3.87 |
| Feb 29, 2024 | 4.29 |
| Nov 30, 2023 | 3.53 |
| Aug 31, 2023 | 5.00 |
| May 31, 2023 | 11.52 |
| Feb 28, 2023 | 3.51 |
| Nov 30, 2022 | 2.55 |
| Aug 31, 2022 | 2.86 |
| May 31, 2022 | 3.48 |
API Access
Applied Digital Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=APLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "APLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();