GDS Holdings
GDS Technology Information Technology Services
GDS Holdings' revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 10.8% from fiscal 2024.
- Revenue
- +12.4%
- EPS
- +1,116.7%
- Free cash flow
- +142.2%
- Total debt
- +2.59%
Quarter to June 2026, against a year earlier
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GDS Holdings (GDS) P/B ratio
As of 6 November 2026, GDS Holdings (GDS) trades at a P/B ratio of 1.0×. Over the past ten years it has ranged from 0.0× (December 2016) to 32.4× (April 2021); the current reading is higher than 20% of that period. That is below the Information Technology Services industry median of 1.7× and below the Technology sector median of 2.5×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 1.8× | 28.19% |
| FY2024 | 1.4× | 135.17% |
| FY2023 | 0.6× | (53.09%) |
| FY2022 | 1.3× | (92.95%) |
| FY2021 | 17.9× | 352.91% |
| FY2020 | 4.0× | (17.04%) |
| FY2019 | 4.8× | 39.38% |
| FY2018 | 3.4× | 0.50% |
| FY2017 | 3.4× | 382.63% |
| FY2016 | 0.7× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 1.3× | (28.72%) |
| Mar 2026 | 1.8× | 3.03% |
| Dec 2025 | 1.8× | (13.43%) |
| Sep 2025 | 2.1× | 23.20% |
| 40 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| MAAS Maase Inc. - Sponsored ADR compare | n/m |
| GDS GDS Holdings | 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 compare | 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))
More on GDS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement