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DOCS (Doximity) PB Ratio : 8.53 (As of Oct. 31, 2024)


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What is Doximity PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-10-31), Doximity's share price is $41.99. Doximity's Book Value per Share for the quarter that ended in Jun. 2024 was $4.92. Hence, Doximity's PB Ratio of today is 8.53.

The historical rank and industry rank for Doximity's PB Ratio or its related term are showing as below:

DOCS' s PB Ratio Range Over the Past 10 Years
Min: 3.91   Med: 6.97   Max: 149.28
Current: 8.53

During the past 6 years, Doximity's highest PB Ratio was 149.28. The lowest was 3.91. And the median was 6.97.

DOCS's PB Ratio is ranked worse than
91.43% of 607 companies
in the Healthcare Providers & Services industry
Industry Median: 2.12 vs DOCS: 8.53

During the past 12 months, Doximity's average Book Value Per Share Growth Rate was -3.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 134.40% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Doximity was 792.80% per year. The lowest was 134.40% per year. And the median was 463.60% per year.

Back to Basics: PB Ratio


Doximity PB Ratio Historical Data

The historical data trend for Doximity's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Doximity PB Ratio Chart

Doximity Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial - - 11.41 6.50 5.57

Doximity Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.68 4.59 6.04 5.57 5.68

Competitive Comparison of Doximity's PB Ratio

For the Health Information Services subindustry, Doximity's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Doximity's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Doximity's PB Ratio distribution charts can be found below:

* The bar in red indicates where Doximity's PB Ratio falls into.



Doximity PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Doximity's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=41.99/4.92
=8.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Doximity  (NYSE:DOCS) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Doximity PB Ratio Related Terms

Thank you for viewing the detailed overview of Doximity's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Doximity Business Description

Traded in Other Exchanges
N/A
Address
500 3rd Street, Suite 510, San Francisco, CA, USA, 94107
Doximity Inc is a digital platform for U.S. medical professionals. Its cloud-based platform provides members with tools specifically built for medical professionals, enabling them to collaborate with their colleagues, securely coordinate patient care, conduct virtual patient visits, stay up-to-date with the latest medical news and research, and manage their careers.
Executives
Kira Scherer Wampler director C/O DOXIMITY, INC., 500 3RD STREET, SUITE 510, SAN FRANCISCO CA 94107
Anna Bryson officer: Chief Financial Officer C/O DOXIMITY, INC., 500 3RD STREET SUITE 510, SAN FRANCISCO CA 94107
Timothy S Cabral director C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Yang Watkin Phoebe L. director C/O DOXIMITY, INC., 500 THIRD STREET, SAN FRANCISCO CA 94107
Craig Overpeck officer: See Remarks C/O DOXIMITY, INC., 500 THIRD STREET, SUITE 510, SAN FRANCISCO CA 94107
Jeffrey Tangney director, 10 percent owner, officer: Chief Executive Officer C/O DOXIMITY, INC., 500 3RD STREET SUITE 510, SAN FRANCISCO CA 94107
Paul W. Jorgensen officer: Chief Revenue Officer 500 THIRD STREET, SUITE 510, SAN FRANCISCO CA 94107
Gilbert H Kliman director, 10 percent owner C/O INTERWEST PARTNERS, 467 FIRST STREET SUITE 201, LOS ALTOS CA 94022
Emergence Capital Partners Ii Lp 10 percent owner 160 BOVET ROAD, SAN MATEO CA 94402
Emergence Equity Partners Ii, L.p. 10 percent owner 160 BOVET ROAD, SUITE 300, SAN MATEO CA 94402
Emergence Gp Partners, Llc 10 percent owner PIER 5, THE EMBARCADERO, STE 102, SAN FRANCISCO CA 94111-2094
Kevin Spain director C/O EMERGENCE CAPITAL, 160 BOVET ROAD, STE. 300, SAN MATEO CA 94402
Emergence Capital Opportunity I, L.p. 10 percent owner 160 BOVET ROAD, SUITE 300, SAN MATEO CA 94402
Emergence Equity Partners Vi, L.p. 10 percent owner C/O EMERGENCE CAPITAL PARTNERS, 160 BOVET ROAD, SUITE 300 CA SAN MATEO
Regina M. Benjamin director 51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453