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Palantir Technologies (Palantir Technologies) PB Ratio : 13.66 (As of Apr. 25, 2024)


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What is Palantir Technologies PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-25), Palantir Technologies's share price is $21.59. Palantir Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was $1.58. Hence, Palantir Technologies's PB Ratio of today is 13.66.

The historical rank and industry rank for Palantir Technologies's PB Ratio or its related term are showing as below:

PLTR' s PB Ratio Range Over the Past 10 Years
Min: 5.24   Med: 11.93   Max: 41.39
Current: 13.66

During the past 6 years, Palantir Technologies's highest PB Ratio was 41.39. The lowest was 5.24. And the median was 11.93.

PLTR's PB Ratio is ranked worse than
92.01% of 2579 companies
in the Software industry
Industry Median: 2.6 vs PLTR: 13.66

During the past 12 months, Palantir Technologies's average Book Value Per Share Growth Rate was 29.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Palantir Technologies was 23.00% per year. The lowest was 23.00% per year. And the median was 23.00% per year.

Back to Basics: PB Ratio


Palantir Technologies PB Ratio Historical Data

The historical data trend for Palantir Technologies's PB Ratio 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.

* Premium members only.

Palantir Technologies PB Ratio Chart

Palantir Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - 27.71 16.12 5.25 10.87

Palantir Technologies Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 5.25 6.57 11.15 10.91 10.87

Competitive Comparison of Palantir Technologies's PB Ratio

For the Software - Infrastructure subindustry, Palantir Technologies's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Palantir Technologies's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Palantir Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Palantir Technologies's PB Ratio falls into.



Palantir Technologies PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Palantir Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=21.59/1.58
=13.66

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Palantir Technologies  (NYSE:PLTR) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Palantir Technologies PB Ratio Related Terms

Thank you for viewing the detailed overview of Palantir Technologies's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Palantir Technologies (Palantir Technologies) Business Description

Address
1200 17th Street, Floor 15, Denver, CO, USA, 80202
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.
Executives
Alexandra W. Schiff director C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Alexander D. Moore director C/O PALANTIR TECHNOLOGIES, INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Stat Lauren Elaina Friedman director C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Heather A. Planishek officer: See Remarks C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Stephen Andrew Cohen director, officer: President and Secretary C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Ryan D. Taylor officer: See Remarks C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
David A. Glazer officer: CFO and Treasurer C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Shyam Sankar officer: Chief Operating Officer & EVP C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Alexander C. Karp director, officer: Chief Executive Officer C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Eric H. Woersching director C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Jeffrey Buckley officer: Chief Accounting Officer C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Spencer M Rascoff director 212 26TH STREET, UNIT 317, SANTA MONICA CA 90402
Peter Thiel director, 10 percent owner 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069
Matthew A. Long officer: General Counsel C/O PALANTIR TECHNOLOGIES INC., 1555 BLAKE STREET, SUITE 250, DENVER CO 80202
Sompo Holdings, Inc. 10 percent owner 26-1, NISHI-SHINJUKU 1-CHOME, SHINJUKU-KU, TOKYO M0 160-8338