Firefly AerospaceFLY -8.18%12 PB Ratio is 3.62 as of Jun. 25, 2026, which is 7% below its 10-year median of 3.90. GuruFocus rates FLY with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 339 Aerospace & Defense companies, Firefly Aerospace ranks better than 50.74% on this metric.
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.
Firefly Aerospace PB Ratio Related Terms
Firefly Aerospace PB Ratio Historical Data
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The historical data trend for Firefly Aerospace'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.
For the Aerospace & Defense subindustry, Firefly Aerospace'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.
Firefly Aerospace PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Firefly Aerospace's PB Ratio distribution charts can be found below:
* The bar in red indicates where Firefly Aerospace's PB Ratio falls into.
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.
* 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.
Firefly Aerospace (FLY) has a PB Ratio of 3.62 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Firefly Aerospace and its competitors. This is near median its historical median of 3.90. Over the past decade, Firefly Aerospace's PB Ratio has ranged from 2.58 to 7.17. According to the industry distribution chart, Firefly Aerospace ranks #167 out of 339 companies in the Aerospace & Defense industry, placing it in the top 49.3%.
Is Firefly Aerospace's PB Ratio too high?
Firefly Aerospace's current PB Ratio of 3.62 is near median its 10-year median of 3.90. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 7.17. The Aerospace & Defense industry median PB Ratio is 3.66. Firefly Aerospace's value of 3.62 is 1.1% below this industry median. Based on the distribution chart, Firefly Aerospace ranks #167 out of 339 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Firefly Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Firefly Aerospace's PB Ratio compare to KRMN and LUNR?
According to the Aerospace & Defense industry distribution chart, Firefly Aerospace ranks #167 out of 339 companies for PB Ratio. This puts Firefly Aerospace in the upper half of its industry. The industry median PB Ratio is 3.66. Firefly Aerospace's value of 3.62 is 1.1% below this benchmark. Historically, Firefly Aerospace's own PB Ratio has ranged from 2.58 to 7.17 over the past decade. While the company's 10-year median is 3.90 vs. the industry median of 3.66, Firefly Aerospace 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 PB Ratio for an Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.66, based on 339 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. Firefly Aerospace's current PB Ratio of 3.62 is 1.1% 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 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 Firefly Aerospace and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firefly Aerospace's current PB Ratio is 3.62, which is near median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firefly Aerospace stock overvalued right now?
Firefly Aerospace (FLY) has a current PB Ratio of 3.62. The current PB Ratio is 3.62, which is near median its 10-year median of 3.90 and 1.1% below the Aerospace & Defense industry median of 3.66. Firefly Aerospace's overall GF Score™ is 12/100 with 2 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 Firefly Aerospace (FLY), the current PB Ratio is 3.62 as of Jun. 25, 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.
Firefly Aerospace Inc is a space and defense technology company with an established track record of success providing comprehensive mission solutions to national security, government, and commercial customers. The company develops and provides space and defense technologies, including launch vehicles and spacecraft systems, supporting launch, transit, and in-orbit operations for government, commercial, and national security customers. It has only one operating segment. The majority of the company's revenue is derived from Spacecraft Solutions.
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