PL.WS (Planet Labs PBC) Piotroski F-Score: 4 (As of Jun. 24, 2026) — 20% Below Median


PL.WS Planet Labs PBC PL.WS
55 GF Score
Price $14.10
! 2 Warning Signs
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What is Planet Labs PBC Piotroski F-Score?

Planet Labs PBC PL.WS 55 Piotroski F-Score is 4 as of Jun. 24, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates PL.WS with a GF Score™ of 55/100. The stock has 2 warning signs investors should review. Among 319 Aerospace & Defense companies, Planet Labs PBC ranks worse than 64.89% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Planet Labs PBC has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Planet Labs PBC's Piotroski F-Score or its related term are showing as below:

PL.WS' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 6
Current: 4

During the past 7 years, the highest Piotroski F-Score of Planet Labs PBC was 6. The lowest was 3. And the median was 5.

Planet Labs PBC  (NYSE:PL.WS) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Planet Labs PBC Piotroski F-Score Related Terms


Planet Labs PBC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Planet Labs PBC's Piotroski F-Score 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.

Planet Labs PBC Piotroski F-Score Chart

Planet Labs PBC Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Piotroski F-Score
Get a 7-Day Free Trial N/A 3.00 4.00 5.00 3.00

Planet Labs PBC Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 6.00 5.00 3.00 4.00

PL.WS vs ARXS, BWXT, TXT: Piotroski F-Score Comparison

For the Aerospace & Defense subindustry, Planet Labs PBC's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Planet Labs PBC's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Planet Labs PBC's Piotroski F-Score falls into.


PL.WS
55GF Score
Planet Labs PBC PL.WS
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* 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.

This Year (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was -22.592 + -59.185 + -152.455 + -138.872 = $-373.10 Mil.
Cash Flow from Operations was 67.774 + 28.593 + 20.649 + 15.44 = $132.46 Mil.
Revenue was 73.386 + 81.254 + 86.822 + 94.15 = $335.61 Mil.
Gross Profit was 42.268 + 46.584 + 47.03 + 50.401 = $186.28 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(658.39 + 696.425 + 1106.06 + 1145.686 + 1251.431) / 5 = $971.5984 Mil.
Total Assets at the begining of this year (Apr25) was $658.39 Mil.
Long-Term Debt & Capital Lease Obligation was $484.64 Mil.
Total Current Assets was $848.98 Mil.
Total Current Liabilities was $302.55 Mil.
Net Income was -38.668 + -20.081 + -35.154 + -12.628 = $-106.53 Mil.

Revenue was 61.092 + 61.266 + 61.554 + 66.265 = $250.18 Mil.
Gross Profit was 32.31 + 37.517 + 38.215 + 36.603 = $144.65 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(674.604 + 658.351 + 630.764 + 633.796 + 658.39) / 5 = $651.181 Mil.
Total Assets at the begining of last year (Apr24) was $674.60 Mil.
Long-Term Debt & Capital Lease Obligation was $10.81 Mil.
Total Current Assets was $324.81 Mil.
Total Current Liabilities was $154.55 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Planet Labs PBC's current Net Income (TTM) was -373.10. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Planet Labs PBC's current Cash Flow from Operations (TTM) was 132.46. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Apr25)
=-373.104/658.39
=-0.56669147

ROA (Last Year)=Net Income/Total Assets (Apr24)
=-106.531/674.604
=-0.15791635

Planet Labs PBC's return on assets of this year was -0.56669147. Planet Labs PBC's return on assets of last year was -0.15791635. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Planet Labs PBC's current Net Income (TTM) was -373.10. Planet Labs PBC's current Cash Flow from Operations (TTM) was 132.46. ==> 132.46 > -373.10 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=484.643/971.5984
=0.49881

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=10.806/651.181
=0.01659446

Planet Labs PBC's gearing of this year was 0.49881. Planet Labs PBC's gearing of last year was 0.01659446. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Apr26)=Total Current Assets/Total Current Liabilities
=848.978/302.549
=2.8060843

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=324.812/154.554
=2.1016085

Planet Labs PBC's current ratio of this year was 2.8060843. Planet Labs PBC's current ratio of last year was 2.1016085. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Planet Labs PBC's number of shares in issue this year was 0. Planet Labs PBC's number of shares in issue last year was 0. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=186.283/335.612
=0.55505465

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=144.645/250.177
=0.57817066

Planet Labs PBC's gross margin of this year was 0.55505465. Planet Labs PBC's gross margin of last year was 0.57817066. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Apr25)
=335.612/658.39
=0.5097465

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=250.177/674.604
=0.37085016

Planet Labs PBC's asset turnover of this year was 0.5097465. Planet Labs PBC's asset turnover of last year was 0.37085016. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+0+1+0+1+1+0+1
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Planet Labs PBC has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Planet Labs PBC (PL.WS) has a Piotroski F-Score of 4 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Planet Labs PBC and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Planet Labs PBC's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Planet Labs PBC ranks #207 out of 319 companies in the Aerospace & Defense industry, placing it in the top 64.9%.
Is Planet Labs PBC's Piotroski F-Score too high?
Planet Labs PBC's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. Planet Labs PBC's value of 4 is 20% below this industry median. Based on the distribution chart, Planet Labs PBC ranks #207 out of 319 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Planet Labs PBC has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Planet Labs PBC's Piotroski F-Score compare to ARXS and BWXT?
According to the Aerospace & Defense industry distribution chart, Planet Labs PBC ranks #207 out of 319 companies for Piotroski F-Score. This places Planet Labs PBC in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Planet Labs PBC's value of 4 is 20% below this benchmark. Historically, Planet Labs PBC's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, 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 Piotroski F-Score for an Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 319 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Planet Labs PBC's current Piotroski F-Score of 4 is 20% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Planet Labs PBC and its competitors. For the Aerospace & Defense industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Labs PBC's current Piotroski F-Score is 4, which is 20% below median its own 10-year median of 5.00. 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?
Planet Labs PBC (PL.WS) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Aerospace & Defense industry median of 5.00. Planet Labs PBC's overall GF Score™ is 55/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Planet Labs PBC (PL.WS), the current Piotroski F-Score is 4 as of Jun. 24, 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.

Planet Labs PBC Business Description

Address 645 Harrison Street, 4th Floor, San Francisco, CA, USA, 94107
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.
55GF Score

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