DFLI (Dragonfly Energy Holdings) PB Ratio: (As of Aug. 12, 2026)

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Director of Data and Quant Analytics at GuruFocus
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DFLI Dragonfly Energy Holdings Corp DFLI
61 GF Score
Price $1.32
GF Value $1.54
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Dragonfly Energy Holdings 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 (2026-08-12), Dragonfly Energy Holdings's share price is $1.315. Dragonfly Energy Holdings's Book Value per Share for the quarter that ended in Jun. 2026 was $-0.02. Hence, Dragonfly Energy Holdings's PB Ratio of today is .

The historical rank and industry rank for Dragonfly Energy Holdings's PB Ratio or its related term are showing as below:

During the past 6 years, Dragonfly Energy Holdings's highest PB Ratio was 41.63. The lowest was 0.95. And the median was 3.79.

DFLI's PB Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 2.22
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -65.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Dragonfly Energy Holdings was 34.40% per year. The lowest was -65.00% per year. And the median was -15.30% per year.

Back to Basics: PB Ratio


Dragonfly Energy Holdings  (NAS:DFLI) 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.


Dragonfly Energy Holdings PB Ratio Related Terms


Dragonfly Energy Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Dragonfly Energy Holdings'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.

Dragonfly Energy Holdings PB Ratio Chart

Dragonfly Energy Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 47.95 1.17 0.00 3.21

Dragonfly Energy Holdings Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 3.21 5.40 0.00

DFLI vs SDST, EPOW, GWH: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Dragonfly Energy Holdings'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.


Dragonfly Energy Holdings PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dragonfly Energy Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dragonfly Energy Holdings's PB Ratio falls into.


DFLI
61GF Score
Dragonfly Energy Holdings Corp DFLI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dragonfly Energy Holdings 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.

Dragonfly Energy Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=1.315/-0.015
=

* 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.

Is Dragonfly Energy Holdings (DFLI) Overvalued in 2026?

Based on GuruFocus' analysis, Dragonfly Energy Holdings stock appears to be undervalued. The current stock price of $1.32 is trading 14.6% below its estimated GF Value™ of $1.54. GuruFocus considers Dragonfly Energy Holdings to be Modestly Undervalued.

Key valuation signals for DFLI:

  • PB Ratio:
  • GF Value™: $1.54 vs. price of $1.32 (14.6% below fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the DFLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dragonfly Energy Holdings Business Description

Address 12915 Old Virgina Road, Reno, NV, USA, 89521
Dragonfly Energy Holdings Corp is engaged in the design, assembly, and sale of lithium-ion batteries, mainly lithium iron phosphate (LFP) batteries, for applications in recreational vehicles, marine, industrial, and other markets. The company operates through two segments: direct-to-consumer (DTC), which sells Battle Born branded batteries, and OEM, which supplies Dragonfly branded batteries to original equipment manufacturers.
61GF Score

Get the complete analysis for DFLI

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.32
Price
$1.54
GF Value