Price to Book ratio Analysis of DraftKings Inc - Deep Dive
Latest FY PB
Period Ending - Dec-23
Very Poor PB
12.78
Period Ending - Dec-22
Very Poor PB
8.12
Growth
57.41 %
Trailing Twelve Months PB
Period Ending - Dec-23
Very Poor PB
18.23
Most recent Quarter PB
Period Ending - Mar-24
Very Poor PB
20.05
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
DKNG | 35.13 | 35.82 | 1.93 % | Gambling |
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 ..PB Related Ratios
PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
Poor Value Stock |
FY - Historical Price to Book of DraftKings Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
PB | 12.78 | 8.12 | 6.40 | 3.98 | -21.06 | -35.01 | 0 |
Change | 57.41 % | 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)