Price to Book Value (P/BV)
since 2019
Calculation
Datadog Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 20, 2025 | 15.94 | = | 126.24 | ÷ | 7.92 | 7.92 | = | 2,714,363 | ÷ | 342,764,016 | |
| Feb 23, 2024 | 21.22 | = | 129.51 | ÷ | 6.10 | 6.10 | = | 2,025,354 | ÷ | 331,874,107 | |
| Feb 24, 2023 | 17.39 | = | 76.67 | ÷ | 4.41 | 4.41 | = | 1,410,505 | ÷ | 319,892,991 | |
| Feb 25, 2022 | 48.66 | = | 161.41 | ÷ | 3.32 | 3.32 | = | 1,041,203 | ÷ | 313,909,699 | |
| Mar 1, 2021 | 31.25 | = | 97.61 | ÷ | 3.12 | 3.12 | = | 957,432 | ÷ | 306,491,775 | |
| Feb 25, 2020 | 16.83 | = | 44.31 | ÷ | 2.63 | 2.63 | = | 782,341 | ÷ | 297,073,234 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Datadog Inc. Annual Report.
- Share Price
- The share price demonstrated a general upward trend from US$44.31 in February 2020, peaking at US$161.41 in February 2022. Subsequently, it experienced a notable decline to US$76.67 by February 2023. Following this dip, the price partially recovered to US$129.51 in February 2024 and remained relatively stable at US$126.24 by February 2025.
- Book Value per Share (BVPS)
- Book value per share steadily increased across the entire period, beginning at US$2.63 in February 2020 and rising consistently each year, reaching US$7.92 by February 2025. This indicates ongoing growth in the company’s net asset value per share.
- Price-to-Book Value Ratio (P/BV)
- The P/BV ratio displayed considerable volatility over the observed years. It started at a moderately high 16.83 in February 2020, surged to its peak of 48.66 in February 2022, reflecting possibly an overvaluation or elevated market expectations at that time. By February 2023, the P/BV sharply decreased to 17.39, with slight increases to 21.22 and subsequently a decrease again to 15.94 in the following years. This oscillation suggests fluctuating investor sentiment and valuation relative to the underlying book value.
Comparison to Competitors
Datadog Inc., P/BV, long-term trends, comparison to competitors
| Datadog Inc. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Fair Isaac Corp. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 20, 2025 | 15.94 | 7.98 | 12.61 | 15.15 | 34.61 | — | 8.75 | 9.47 | 11.71 | 45.25 | 58.42 | 21.15 | 4.94 | 21.71 | 8.48 | 8.63 |
| Feb 23, 2024 | 21.22 | 7.44 | 16.31 | 24.05 | 19.61 | — | 7.49 | 8.92 | 11.92 | 308.71 | 14.90 | 42.84 | 3.13 | 20.60 | 14.02 | 8.58 |
| Feb 24, 2023 | 17.39 | 7.13 | 11.22 | 18.46 | 42.67 | — | 5.34 | 7.20 | 12.38 | — | 6.94 | 252.00 | 3.37 | 18.36 | 9.24 | 12.68 |
| Feb 25, 2022 | 48.66 | 11.06 | 15.94 | 13.68 | 48.91 | — | 5.90 | 15.71 | 15.16 | 41.57 | 10.48 | 71.88 | 4.73 | 30.36 | 10.50 | 18.38 |
| Mar 1, 2021 | 31.25 | 8.51 | 16.53 | 14.90 | 14.78 | 40.58 | 5.24 | 17.71 | 13.11 | 14.01 | 28.60 | 20.61 | 4.48 | 40.91 | 7.57 | 15.54 |
| Feb 25, 2020 | 16.83 | 8.15 | 16.03 | 9.51 | — | 33.14 | 6.04 | 20.00 | 10.30 | 8.59 | — | 12.91 | 7.66 | 31.48 | 5.16 | 21.26 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Comparison to Sector (Software & Services)
Datadog Inc., P/BV, long-term trends, comparison to sector (software & services)
| Datadog Inc. | Software & Services | |
|---|---|---|
| Feb 20, 2025 | 15.94 | 12.01 |
| Feb 23, 2024 | 21.22 | 11.49 |
| Feb 24, 2023 | 17.39 | 10.76 |
| Feb 25, 2022 | 48.66 | 13.72 |
| Mar 1, 2021 | 31.25 | 11.72 |
| Feb 25, 2020 | 16.83 | 10.09 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Comparison to Industry (Information Technology)
Datadog Inc., P/BV, long-term trends, comparison to industry (information technology)
| Datadog Inc. | Information Technology | |
|---|---|---|
| Feb 20, 2025 | 15.94 | 13.25 |
| Feb 23, 2024 | 21.22 | 11.52 |
| Feb 24, 2023 | 17.39 | 10.50 |
| Feb 25, 2022 | 48.66 | 12.59 |
| Mar 1, 2021 | 31.25 | 11.14 |
| Feb 25, 2020 | 16.83 | 8.53 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).