Planet Labs PBCPL -3.18%59 Debt-to-Equity is 1.10 as of Apr. 2026, which is 2100% above its 10-year median of 0.05. GuruFocus rates PL with a GF Score™ of 59/100 and a GF Value™ of $4.85 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 310 Aerospace & Defense companies, Planet Labs PBC ranks worse than 84.52% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Planet Labs PBC's Debt-to-Equity or its related term are showing as below:
PL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 2.45
Current: 1.1
During the past 7 years, the highest Debt-to-Equity Ratio of Planet Labs PBC was 2.45. The lowest was 0.01. And the median was 0.05.
PL's Debt-to-Equity is ranked worse than 84.52% of 310
companies
in the Aerospace & Defense industry
Industry Median: 0.33
vs PL: 1.10
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Planet Labs PBC Debt-to-Equity Related Terms
Planet Labs PBC Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Planet Labs PBC's Debt-to-Equity 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.
For the Aerospace & Defense subindustry, Planet Labs PBC's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Planet Labs PBC Debt-to-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Planet Labs PBC's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Planet Labs PBC's Debt-to-Equity falls into.
* 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.
Planet Labs PBC (PL) has a Debt-to-Equity of 1.10 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Planet Labs PBC and its competitors. This is 2100% above median its historical median of 0.05. Over the past decade, Planet Labs PBC's Debt-to-Equity has ranged from 0.01 to 2.45. According to the industry distribution chart, Planet Labs PBC ranks #262 out of 310 companies in the Aerospace & Defense industry, placing it in the top 84.5%.
Is Planet Labs PBC's Debt-to-Equity too high?
Planet Labs PBC's current Debt-to-Equity of 1.10 is 2100% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.45. The Aerospace & Defense industry median Debt-to-Equity is 0.33. Planet Labs PBC's value of 1.10 is 233.3% above this industry median. Based on the distribution chart, Planet Labs PBC ranks #262 out of 310 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Planet Labs PBC has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Planet Labs PBC's Debt-to-Equity compare to SARO and KTOS?
According to the Aerospace & Defense industry distribution chart, Planet Labs PBC ranks #262 out of 310 companies for Debt-to-Equity. This places Planet Labs PBC in the lower half of its industry. The industry median Debt-to-Equity is 0.33. Planet Labs PBC's value of 1.10 is 233.3% above this benchmark. Historically, Planet Labs PBC's own Debt-to-Equity has ranged from 0.01 to 2.45 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.33, Planet Labs PBC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.33, based on 310 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Planet Labs PBC's current Debt-to-Equity of 1.10 is 233.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Planet Labs PBC and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Labs PBC's current Debt-to-Equity is 1.10, which is 2100% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Labs PBC stock overvalued right now?
Based on GuruFocus' analysis, Planet Labs PBC (PL) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.85, compared to a current price of $27.75 — trading 472.2% above its estimated fair value. The current Debt-to-Equity is 1.10, which is 2100% above median its 10-year median of 0.05 and 233.3% above the Aerospace & Defense industry median of 0.33. Planet Labs PBC's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Planet Labs PBC (PL), the current Debt-to-Equity is 1.10 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Planet Labs PBC (PL) Overvalued in 2026?
Based on GuruFocus' analysis, Planet Labs PBC stock appears to be overvalued.
The current stock price of $27.75 is trading 472.2% above its estimated GF Value™ of $4.85.
GuruFocus considers Planet Labs PBC to be Significantly Overvalued.
Key valuation signals for PL:
Debt-to-Equity: 1.10 (2100% above median its 10-year median of 0.05)
GF Value™: $4.85 vs. price of $27.75 (472.2% above fair value)
Industry Position: 233.3% above the Aerospace & Defense median (#262 of 310)
No single metric tells the full story. See the PL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Planet Labs PBC is an Earth-imaging company. It uses space to help life on Earth by imaging the world every day and making change visible, accessible, and actionable. Its platform includes imagery, insights, and machine learning that empower companies, governments, and communities around the world to make timely decisions about the evolving world. Its solutions are Broad Area Management. Its products are Planet Monitoring, Planet Tasking, Planet Analytic Feeds, Planetary Variables, Planet Basemaps, Planet Insights, and Platform Pricing. The group provides solutions to the Agriculture Science Program, Energy & Infrastructure, Forestry & Land Use, Mapping, Sustainability, Maritime, Civil Government, U.S. State and Local, Europe, Planet Federal, Defense & Intelligence, and Armed Services.
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