Grid Dynamics Holdings (GDYN) Price to Book (2018 - 2026)
Grid Dynamics Holdings' (GDYN) Price to Book was 0.89 for Q2 2026, down 51.8% from 1.84 a year earlier and down 1.4% from the prior quarter.
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Analysis
Grid Dynamics Holdings (GDYN) Price to Book (2018 - 2026) Analysis & Trends
For FY2025, Price to Book at Grid Dynamics Holdings was 1.41, down 60.7% from FY2024.
- By year, Price to Book came in at 3.59 in FY2024 (+35.9%), 2.64 in FY2023 (+15.3%), 2.29 in FY2022 (-79.5%) and 11.18 in FY2021 (+164.6%).
- The Q2 2026 figure ranks as the lowest quarterly Price to Book in data going back to Q4 2018.
- Year over year, Price to Book has now declined in each of the last five quarters, with an average decline of 24.4% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q4 2021 (growth of 164.6%); the low point was Q4 2022 (a decline of 79.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.90 (Q1 2026), 1.41 (Q4 2025) and 1.21 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn |
| 10 | Grid Dynamics Holdings | 638.86 Mn | -667.64 Mn | 39.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.89 |
| Mar 31, 2026 | 0.90 |
| Dec 31, 2025 | 1.41 |
| Sep 30, 2025 | 1.21 |
| Jun 30, 2025 | 1.84 |
| Mar 31, 2025 | 2.56 |
| Dec 31, 2024 | 3.59 |
| Sep 30, 2024 | 2.68 |
| Jun 30, 2024 | 2.07 |
| Mar 31, 2024 | 2.46 |
| Dec 31, 2023 | 2.64 |
| Sep 30, 2023 | 2.47 |
| Jun 30, 2023 | 1.90 |
| Mar 31, 2023 | 2.38 |
| Dec 31, 2022 | 2.29 |
| Sep 30, 2022 | 3.95 |
| Jun 30, 2022 | 4.86 |
| Mar 31, 2022 | 4.08 |
| Dec 31, 2021 | 11.18 |
| Sep 30, 2021 | 6.91 |
API Access
Grid Dynamics 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=GDYN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "GDYN", "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=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();