Rackspace Technology Inc
NASDAQ:RXT

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Rackspace Technology Inc
NASDAQ:RXT
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Price: 1.535 USD -2.85% Market Closed
Market Cap: $379m

P/B

-0.3
Current
16%
Cheaper
vs 3-y average of -0.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
-0.3
=
Market Cap
$232.6m
/
Total Equity
$-1.2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
-0.3
=
Market Cap
$232.6m
/
Total Equity
$-1.2B

Valuation Scenarios

Rackspace Technology Inc is trading above its industry average

If P/B returns to its Industry Average (5.4), the stock would be worth $-27.05 (1 862% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-1 862%
Maximum Upside
No Upside Scenarios
Average Downside
1 388%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple -0.3 $1.54
0%
Industry Average 5.4 $-27.05
-1 862%
Country Average 2.5 $-12.5
-914%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
US
Rackspace Technology Inc
NASDAQ:RXT
387.6m USD -0.3 -1.7
CA
Shopify Inc
NASDAQ:SHOP
164.1B USD 12.2 133.3
US
Cloudflare Inc
NYSE:NET
72.9B USD 51.2 -730.7
US
Snowflake Inc.
NYSE:SNOW
48.3B USD 25.8 -37.3
US
Snowflake Inc
XETRA:5Q5
42.1B EUR 25.2 -36.4
ID
DCI Indonesia Tbk PT
IDX:DCII
474.4T IDR 121.7 473.7
US
Verisign Inc
NASDAQ:VRSN
24.7B USD -11.4 29.8
US
Twilio Inc
NYSE:TWLO
21.9B USD 2.8 641.6
US
MongoDB Inc
NASDAQ:MDB
20.4B USD 7.2 -299.1
US
Akamai Technologies Inc
NASDAQ:AKAM
13.8B USD 2.8 30.9
US
Okta Inc
NASDAQ:OKTA
13.5B USD 1.9 57.5
P/E Multiple
Earnings Growth PEG
US
Rackspace Technology Inc
NASDAQ:RXT
Average P/E: 227.8
Negative Multiple: -1.7
N/A N/A
CA
Shopify Inc
NASDAQ:SHOP
133.3
53%
2.5
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -730.7 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -37.3 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -36.4 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
473.7
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
29.8
9%
3.3
US
Twilio Inc
NYSE:TWLO
641.6
222%
2.9
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -299.1 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
30.9
42%
0.7
US
Okta Inc
NASDAQ:OKTA
57.5
54%
1.1

Market Distribution

Lower than 100% of companies in the United States of America
Percentile
0th
Based on 10 946 companies
0th percentile
-0.3
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

Rackspace Technology Inc
Glance View

Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The company is headquartered in San Antonio, Texas and currently employs 6,600 full-time employees. The company went IPO on 2020-08-05. The firm designs, builds and operates cloud environments across technology platforms. The firm operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. Its Multicloud Services segment includes its multicloud services offerings, as well as professional services related to designing and building multicloud solutions and cloud-native applications. Its Apps & Cross Platform segment includes managed applications, managed security and data services, as well as professional services related to designing and implementing application, security and data services. Its OpenStack Public Cloud segment enables to run applications on a public cloud that is built on open-source technology. The company also enables public cloud and managed hosting platforms to work, through technologies such as RackConnect tool.

RXT Intrinsic Value
9.025 USD
Undervaluation 83%
Intrinsic Value
Price $1.535
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