Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Planet Labs PBCPL +1.72%60 Equity-to-Asset is 0.36 as of Apr. 2026, which is 51% below its 10-year median of 0.74. GuruFocus rates PL with a GF Score™ of 60/100 and a GF Value™ of $4.88 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 360 Aerospace & Defense companies, Planet Labs PBC ranks worse than 68.06% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Planet Labs PBC's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $443.7 Mil. Planet Labs PBC's Total Assets for the quarter that ended in Apr. 2026 was $1,251.4 Mil.
Therefore, Planet Labs PBC's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.36.
The historical rank and industry rank for Planet Labs PBC's Equity-to-Asset or its related term are showing as below:
PL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.74 Max: 0.8
Current: 0.36
During the past 7 years, the highest Equity to Asset Ratio of Planet Labs PBC was 0.80. The lowest was 0.16. And the median was 0.74.
PL's Equity-to-Asset is ranked worse than 68.06% of 360
companies
in the Aerospace & Defense industry
Industry Median: 0.515
vs PL: 0.36
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Planet Labs PBC Equity-to-Asset Related Terms
Planet Labs PBC Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Planet Labs PBC's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Planet Labs PBC's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Planet Labs PBC's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Planet Labs PBC's Equity to Asset Ratio for the fiscal year that ended in Jan. 2026 is calculated as
* 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 Equity-to-Asset of 0.36 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Planet Labs PBC and its competitors. This is 51% below median its historical median of 0.74. Over the past decade, Planet Labs PBC's Equity-to-Asset has ranged from 0.16 to 0.80. According to the industry distribution chart, Planet Labs PBC ranks #245 out of 360 companies in the Aerospace & Defense industry, placing it in the top 68.1%.
Is Planet Labs PBC's Equity-to-Asset too high?
Planet Labs PBC's current Equity-to-Asset of 0.36 is 51% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.80. The Aerospace & Defense industry median Equity-to-Asset is 0.52. Planet Labs PBC's value of 0.36 is 30.1% below this industry median. Based on the distribution chart, Planet Labs PBC ranks #245 out of 360 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Planet Labs PBC has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Planet Labs PBC's Equity-to-Asset compare to SARO and KTOS?
According to the Aerospace & Defense industry distribution chart, Planet Labs PBC ranks #245 out of 360 companies for Equity-to-Asset. This places Planet Labs PBC in the lower half of its industry. The industry median Equity-to-Asset is 0.52. Planet Labs PBC's value of 0.36 is 30.1% below this benchmark. Historically, Planet Labs PBC's own Equity-to-Asset has ranged from 0.16 to 0.80 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.52, Planet Labs PBC has consistently been below 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 Equity-to-Asset for an Aerospace & Defense company?
The median Equity-to-Asset among Aerospace & Defense companies is 0.52, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Planet Labs PBC's current Equity-to-Asset of 0.36 is 30.1% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Planet Labs PBC and its competitors. For the Aerospace & Defense industry, the median Equity-to-Asset is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Labs PBC's current Equity-to-Asset is 0.36, which is 51% below median its own 10-year median of 0.74. 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 $4.88, compared to a current price of $22.47 — trading 360.5% above its estimated fair value. The current Equity-to-Asset is 0.36, which is 51% below median its 10-year median of 0.74 and 30.1% below the Aerospace & Defense industry median of 0.52. Planet Labs PBC's overall GF Score™ is 60/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Planet Labs PBC (PL), the current Equity-to-Asset is 0.36 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 $22.47 is trading 360.5% above its estimated GF Value™ of $4.88.
GuruFocus considers Planet Labs PBC to be Significantly Overvalued.
Key valuation signals for PL:
Equity-to-Asset: 0.36 (51% below median its 10-year median of 0.74)
GF Value™: $4.88 vs. price of $22.47 (360.5% above fair value)
Industry Position: 30.1% below the Aerospace & Defense median (#245 of 360)
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.
60GF Score
Get the complete analysis for PL
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PL has been successfully added to your 
