Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise-level digital transformation services in the areas of search, analytics, and release automation for Fortune 1000 corporations in North America, Europe, and internationally. It works in collaboration with its clients on digital transformation initiatives that cover strategy consulting, early prototypes, and enterprise-scale delivery of new digital platforms. The company offers technical consulting, software design, development, testing, and internet service operations services. It serves customers that operate in the retail, technology and telecommunications, media, consumer packaged goods/manufacturing, financial services, and other sectors. The company was formerly known as ChaSerg Technology Acquisition Corp. and changed its name to Grid Dynamics Holdings, Inc. Grid Dynamics Holdings, Inc. was founded in 2006 and is headquartered in San Ramon, California.
P/B ratio for Grid Dynamics Holdings, Inc. (GDYN)
P/B ratio as of 2023: 2.62
According to Grid Dynamics Holdings, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.62. At the end of 2022 the company had a P/B ratio of 2.14.
P/B ratio history for Grid Dynamics Holdings, Inc. from 2017 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.62 |
| 2022 | 2.14 |
| 2021 | 9.81 |
| 2020 | 3.72 |
| 2019 | 4.24 |
| 2018 | 14.74 |
| 2017 | 19.80 |