Price to Book ratio Analysis of DraftKings Inc - Deep Dive


Latest FY PB
Period Ending - Dec-23

12.78


Very Poor PB
Period Ending - Dec-22
8.12

Very Poor PB
Growth
57.41 %
Trailing Twelve Months PB
Period Ending - Dec-23

18.23


Very Poor PB
Most recent Quarter PB
Period Ending - Mar-24

20.05


Very Poor PB
PB Analysis of DraftKings Inc
P/B Ratio of DraftKings Inc with value of 18.23 shows that company is trading much above Book value and may be risky.
PB Ratio of DKNG rose handsomely by 57.41 % this year.
PB Ratio of DKNG trending up for at least three Years.
PB Ratio with value of -21.06 was lowest in Year Dec-19 in last Five Years.
Latest PB Ratio with value of 12.78 is Greater than Average PB of 2.04 in last five years.
Other PB Related Info of DKNG that may interest you.
DraftKings Inc Overview
CodePricePrevious PricePrice ChangeSector
DKNG35.1335.82 1.93 % Gambling
Fundamental AnalysisTechnical Analysis
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company.    more ..
Price to Book Formula

PB Related Ratios
PriceToEarningRatioPriceToSalesRatioReturnOnEquity

Tsr Value Index
Poor Value Stock
FY - Historical Price to Book of DraftKings Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
PB12.788.126.403.98-21.06-35.010
Change57.41 %26.90 %60.66 %118.90 %39.85 %
FY Chart of Price to Book of DraftKings Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)