GDS Holdings (GDS) Price to Book (2016 - 2026)
GDS Holdings' (GDS) Price to Book was 1.39 for the quarter ended Jun 30, 2026, down 19.7% from 1.74 a year earlier and down 28.8% from the prior quarter.
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Analysis
GDS Holdings (GDS) Price to Book (2016 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Price to Book at GDS Holdings was 1.89, up 26.5% from the prior year.
- By year, Price to Book came in at 1.49 in the year ended Dec 31, 2024 (+130.6%), 0.65 in the year ended Dec 31, 2023 (-44.7%), 1.17 in the year ended Dec 31, 2022 (-48.8%) and 2.29 in the year ended Dec 31, 2021 (-48.7%).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Price to Book since the quarter ended Jun 30, 2024.
- Year over year, Price to Book gained in seven of the last eight quarters, with growth averaging 85.0%.
- The high point for year-over-year Price to Book in five years was the quarter ended Mar 31, 2025 (growth of 213.0%); the low point was the quarter ended Sep 30, 2022 (a decline of 63.1%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 1.96 (quarter ended Mar 31, 2026), 1.91 (quarter ended Dec 31, 2025) and 2.08 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,870.06 Bn | 3,793.22 Bn | 60.48 Bn |
| 2 | International Business Machines | 237.60 Bn | 188.50 Bn | 9.91 Bn |
| 3 | Cloudflare | 97.89 Bn | 81.42 Bn | 499.52 Mn |
| 4 | Equinix | 94.00 Bn | 82.55 Bn | 1.40 Bn |
| 5 | Nebius | 40.27 Bn | 13.71 Bn | 448.70 Mn |
| 6 | CoreWeave | 30.64 Bn | 17.73 Bn | 1.70 Bn |
| 7 | Verisign | 27.35 Bn | 24.71 Bn | 393.20 Mn |
| 8 | Nutanix | 18.82 Bn | 10.50 Bn | 651.35 Mn |
| 9 | GoDaddy | 14.55 Bn | 10.13 Bn | 828.20 Mn |
| 10 | GDS Holdings | 4.57 Bn | -3.57 Bn | 97.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.40 |
| Mar 31, 2026 | 1.96 |
| Dec 31, 2025 | 1.89 |
| Sep 30, 2025 | 2.08 |
| Jun 30, 2025 | 1.74 |
| Mar 31, 2025 | 1.53 |
| Dec 31, 2024 | 1.49 |
| Sep 30, 2024 | 1.44 |
| Jun 30, 2024 | 0.69 |
| Mar 31, 2024 | 0.49 |
| Dec 31, 2023 | 0.65 |
| Sep 30, 2023 | 0.69 |
| Jun 30, 2023 | 0.68 |
| Mar 31, 2023 | 1.07 |
| Dec 31, 2022 | 1.18 |
| Sep 30, 2022 | 1.02 |
| Jun 30, 2022 | 1.77 |
| Mar 31, 2022 | 1.94 |
| Dec 31, 2021 | 2.29 |
| Sep 30, 2021 | 2.76 |
API Access
GDS Holdings 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=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "GDS", "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=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();