DFLI (Dragonfly Energy Holdings) PB Ratio: 6.01 (As of Jun. 28, 2026) — 59% Above Median


DFLI Dragonfly Energy Holdings Corp DFLI
55 GF Score
Price $1.94
GF Value $4.98
Valuation Possible Value Trap
! 6 Warning Signs
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What is Dragonfly Energy Holdings PB Ratio?

Dragonfly Energy Holdings DFLI +6.04% 55 PB Ratio is 6.01 as of Jun. 28, 2026, which is 59% above its 10-year median of 3.79. GuruFocus rates DFLI with a GF Score™ of 55/100 and a GF Value™ of $4.98 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,986 Industrial Products companies, Dragonfly Energy Holdings ranks worse than 81.11% on this metric.

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 (2026-06-28), Dragonfly Energy Holdings's share price is $1.935. Dragonfly Energy Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was $0.32. Hence, Dragonfly Energy Holdings's PB Ratio of today is 6.01.

Warning Sign:

Dragonfly Energy Holdings Corp stock PB Ratio (=6.01) is close to 1-year high of 6.65.

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

DFLI' s PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 3.79   Max: 41.63
Current: 6.01

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 ranked worse than
81.11% of 2986 companies
in the Industrial Products industry
Industry Median: 2.27 vs DFLI: 6.01

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
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 3.21 5.40

DFLI vs EPOW, GWH, SDST: 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
55GF Score
Dragonfly Energy Holdings Corp DFLI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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: Mar. 2026)
=1.935/0.322
=6.01

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 6.01 mean?
Dragonfly Energy Holdings (DFLI) has a PB Ratio of 6.01 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dragonfly Energy Holdings and its competitors. This is 59% above median its historical median of 3.79. Over the past decade, Dragonfly Energy Holdings' PB Ratio has ranged from 0.95 to 41.63. According to the industry distribution chart, Dragonfly Energy Holdings ranks #2422 out of 2986 companies in the Industrial Products industry, placing it in the top 81.1%.
Is Dragonfly Energy Holdings' PB Ratio too high?
Dragonfly Energy Holdings' current PB Ratio of 6.01 is 59% above median its 10-year median of 3.79. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 41.63. The Industrial Products industry median PB Ratio is 2.27. Dragonfly Energy Holdings' value of 6.01 is 164.8% above this industry median. Based on the distribution chart, Dragonfly Energy Holdings ranks #2422 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Dragonfly Energy Holdings has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dragonfly Energy Holdings' PB Ratio compare to EPOW and GWH?
According to the Industrial Products industry distribution chart, Dragonfly Energy Holdings ranks #2422 out of 2986 companies for PB Ratio. This places Dragonfly Energy Holdings in the lower half of its industry. The industry median PB Ratio is 2.27. Dragonfly Energy Holdings' value of 6.01 is 164.8% above this benchmark. Historically, Dragonfly Energy Holdings' own PB Ratio has ranged from 0.95 to 41.63 over the past decade. While the company's 10-year median is 3.79 vs. the industry median of 2.27, Dragonfly Energy Holdings has consistently been above 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 PB Ratio for an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.27, based on 2,986 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dragonfly Energy Holdings's current PB Ratio of 6.01 is 164.8% above 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dragonfly Energy Holdings and its competitors. For the Industrial Products industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dragonfly Energy Holdings's current PB Ratio is 6.01, which is 59% above median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dragonfly Energy Holdings stock overvalued right now?
Based on GuruFocus' analysis, Dragonfly Energy Holdings (DFLI) is currently considered Possible Value Trap. The stock's GF Value™ is $4.98, compared to a current price of $1.94 — trading 61.1% below its estimated fair value. The current PB Ratio is 6.01, which is 59% above median its 10-year median of 3.79 and 164.8% above the Industrial Products industry median of 2.27. Dragonfly Energy Holdings' overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Dragonfly Energy Holdings (DFLI), the current PB Ratio is 6.01 as of Jun. 28, 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 Dragonfly Energy Holdings (DFLI) Overvalued in 2026?

Based on GuruFocus' analysis, Dragonfly Energy Holdings stock appears to be undervalued. The current stock price of $1.94 is trading 61.1% below its estimated GF Value™ of $4.98. GuruFocus considers Dragonfly Energy Holdings to be Possible Value Trap.

Key valuation signals for DFLI:

  • PB Ratio: 6.01 (59% above median its 10-year median of 3.79)
  • GF Value™: $4.98 vs. price of $1.94 (61.1% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 164.8% above the Industrial Products median (#2422 of 2986)

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.
55GF Score

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

$1.94
Price
$4.98
GF Value