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Planet Labs PBCPL +3.88%58 Net Cash per Share is $-0.22 as of Apr. 2026. GuruFocus rates PL with a GF Score™ of 58/100 and a GF Value™ of $4.93 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 74 Aerospace & Defense companies, Planet Labs PBC ranks worse than 1351350% on this metric.
The historical rank and industry rank for Planet Labs PBC's Net Cash per Share or its related term are showing as below:
During the past 7 years, the highest Price-to-Net-Cash Ratio of Planet Labs PBC was 156.25. The lowest was 4.19. And the median was 5.47.
PL's Price-to-Net-Cash is not ranked *
in the Aerospace & Defense industry.
Industry Median: 11.665 * Ranked among companies with meaningful Price-to-Net-Cash only.
Planet Labs PBC (NYSE:PL) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Planet Labs PBC Net Cash per Share Related Terms
Planet Labs PBC Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Planet Labs PBC's Net Cash per Share 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.
PL vs DPC, AVAV, LOAR: Net Cash per Share Comparison
For the Aerospace & Defense subindustry, Planet Labs PBC's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Planet Labs PBC's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Planet Labs PBC's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Planet Labs PBC's Net Cash per Share 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 Net Cash per Share of $-0.22 as of Apr. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Planet Labs PBC and its competitors. Over the past decade, Planet Labs PBC's Net Cash per Share has ranged from 4.19 to 156.25. According to the industry distribution chart, Planet Labs PBC ranks #999999 out of 74 companies in the Aerospace & Defense industry.
Is Planet Labs PBC's Net Cash per Share too high?
Planet Labs PBC's current Net Cash per Share is $-0.22. Over the past 10 years, this metric has ranged from a low of 4.19 to a high of 156.25. Based on the distribution chart, Planet Labs PBC ranks #999999 out of 74 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Planet Labs PBC has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Planet Labs PBC's Net Cash per Share compare to DPC and AVAV?
According to the Aerospace & Defense industry distribution chart, Planet Labs PBC ranks #999999 out of 74 companies for Net Cash per Share. This places Planet Labs PBC in the lower half of its industry. The industry median Net Cash per Share is 11.67. Historically, Planet Labs PBC's own Net Cash per Share has ranged from 4.19 to 156.25 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Aerospace & Defense company?
The median Net Cash per Share among Aerospace & Defense companies is 11.67, based on 74 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Planet Labs PBC and its competitors. For the Aerospace & Defense industry, the median Net Cash per Share is 11.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Labs PBC's current Net Cash per Share is $-0.22. 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 $4.93, compared to a current price of $20.23 — trading 310.2% above its estimated fair value. The current Net Cash per Share is $-0.22. Planet Labs PBC's overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Planet Labs PBC (PL), the current Net Cash per Share is $-0.22 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 $20.23 is trading 310.2% above its estimated GF Value™ of $4.93.
GuruFocus considers Planet Labs PBC to be Significantly Overvalued.
Key valuation signals for PL:
Net Cash per Share: $-0.22
GF Value™: $4.93 vs. price of $20.23 (310.2% above fair value)
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.
58GF Score
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