Applied Digital Corporation

APLD Technology Information Technology Services

Revenue
+322.4%
EPS
−1,071.4%
Free cash flow
−506.7%
Total debt
+828.1%

Quarter to August 2026, against a year earlier

15.52 1.35 +9.53%
Market cap
$4.3B
P/E
0.0×
Fwd P/E
−13.0×
Dividend yield
—
F-score
5/9
Altman Z
1.26
Beneish M
0.53
Dividend safety
n/a

Applied Digital Corporation (APLD) P/B ratio

Alert me on P/B ratio

As of 6 November 2026, Applied Digital Corporation (APLD) trades at a P/B ratio of 2.8×. Over the past ten years it has ranged from 0.0× (May 2022) to 13.8× (July 2023); the current reading is higher than 44% of that period. That is above the Information Technology Services industry median of 1.7× and above the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 7.7× 86.63%
FY2025 4.1× 6.06%
FY2024 3.9× (65.76%)
FY2023 11.3× 224.20%
FY2022 3.5× —

Quarterly newest first

Period P/B ratio Change
Aug 2026 4.6× (39.78%)
May 2026 7.7× 53.59%
Feb 2026 5.0× (7.74%)
Nov 2025 5.4× 44.37%
17 more quarters

Against its own ten years

Low 0.0× High 13.8×
Ten-year median 3.4×
Current reading's percentile 18

P/B ratio against peers

Company P/B ratio
MAAS Maase Inc. - Sponsored ADR compare n/m
GDS GDS Holdings compare 1.0×
INGM Ingram Micro Holding Corporation compare 1.3×
PSN Parsons Corporation compare 1.9×
G Genpact Limited compare 2.6×
APLD Applied Digital Corporation 2.8×
KD Kyndryl Holdings, Inc. compare 3.0×
SAIC Science Applications International Corporation compare 4.3×
EXLS ExlService Holdings, Inc. compare 7.1×
Information Technology Services industry median 1.7×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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