Dexcom, Inc.
12.51xPrice / tangible book
Market cap
$33.17B
Tangible equity
$2.65B
Price / tangible book
12.51x
Price / book
12.08x
Return on equity
30.5%
Return on assets
13.2%
Efficiency ratio
—
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $33.17B · View financials
Snapshot Sep 4, 4:00 PM ET
FY 2025 · Mkt cap
Decision snapshot: DXCM stock price vs SPGI: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at SPGI's multiple
Needs SPGI P/E.
Implied fair value · at DXCM's multiple
Needs DXCM P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Filter, sort, and scan the equity metrics that matter most for banks: book value, tangible book, returns, and operating efficiency.
Multiple premium
Multiple premium
Profitability edge
Asset efficiency edge
Lower is better
Statements
Bank-focused income statement and equity metrics aligned to the reporting windows.
SEC periods: DXCM FY 2025 (ended Dec 31, 2025) · SPGI FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Tangible book and profitability anchor a bank, not enterprise value.
Deposits and cash-like balances distort enterprise value for banks, so this section reads equity value, tangible book and profitability instead.
Price / tangible book
Market cap
$33.17B
Tangible equity
$2.65B
Price / tangible book
12.51x
Price / book
12.08x
Return on equity
30.5%
Return on assets
13.2%
Efficiency ratio
—
Price / tangible book
Market cap
$131.28B
Tangible equity
-$21.62B
Price / tangible book
N/M
Price / book
4.22x
Return on equity
14.4%
Return on assets
7.3%
Efficiency ratio
—
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
DEXCOM, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
S&P Global Inc. · implied price per share
Bank model off — standard DCF modelling is disabled for financial institutions.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
1.21x
0.44x
Net debt / EBITDA
Leverage against operating earnings
1.81x
1.61x
Cash and equivalents
Liquid reserves on the balance sheet
$917.70M
$1.80B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider banking comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
$3.32B
$13.81B
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