Planet Labs PBC (FRA:85H1) PB Ratio: 19.92 (As of Jul. 17, 2026) — 810% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:85H1 Planet Labs PBC FRA:85H1
42 GF Score
Price €21.20
GF Value €4.68
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Planet Labs PBC PB Ratio?

Planet Labs PBC FRA:85H1 -4.50% 42 PB Ratio is 19.92 as of Jul. 17, 2026, which is 810% above its 10-year median of 2.19. GuruFocus rates FRA:85H1 with a GF Score™ of 42/100 and a GF Value™ of €4.68 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 341 Aerospace & Defense companies, Planet Labs PBC ranks worse than 94.43% 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 (2026-07-17), Planet Labs PBC's share price is €21.20. Planet Labs PBC's Book Value per Share for the quarter that ended in Apr. 2026 was €1.06. Hence, Planet Labs PBC's PB Ratio of today is 19.92.

The historical rank and industry rank for Planet Labs PBC's PB Ratio or its related term are showing as below:

FRA:85H1' s PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 2.19   Max: 68.47
Current: 17.74

During the past 7 years, Planet Labs PBC's highest PB Ratio was 68.47. The lowest was 0.98. And the median was 2.19.

FRA:85H1's PB Ratio is ranked worse than
94.43% of 341 companies
in the Aerospace & Defense industry
Industry Median: 3.48 vs FRA:85H1: 17.74

During the past 12 months, Planet Labs PBC's average Book Value Per Share Growth Rate was -15.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -35.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Planet Labs PBC was 63.60% per year. The lowest was -35.80% per year. And the median was 10.45% per year.

Back to Basics: PB Ratio


Planet Labs PBC  (FRA:85H1) 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.


Planet Labs PBC PB Ratio Related Terms


Planet Labs PBC PB Ratio Historical Data

* Premium members only.

The historical data trend for Planet Labs PBC'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.

Planet Labs PBC PB Ratio Chart

Planet Labs PBC Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 45.19

Planet Labs PBC Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 45.19 28.57

FRA:85H1 vs SARO, KTOS, HII: PB Ratio Comparison

For the Aerospace & Defense subindustry, Planet Labs PBC'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.


Planet Labs PBC PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Planet Labs PBC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Planet Labs PBC's PB Ratio falls into.


FRA:85H1
42GF Score
Planet Labs PBC FRA:85H1
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Planet Labs PBC 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.

Planet Labs PBC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=21.20/1.064
=19.92

* 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 19.92 mean?
Planet Labs PBC (FRA:85H1) has a PB Ratio of 19.92 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Planet Labs PBC and its competitors. This is 810% above median its historical median of 2.19. Over the past decade, Planet Labs PBC's PB Ratio has ranged from 0.98 to 68.47. According to the industry distribution chart, Planet Labs PBC ranks #322 out of 341 companies in the Aerospace & Defense industry, placing it in the top 94.4%.
Is Planet Labs PBC's PB Ratio too high?
Planet Labs PBC's current PB Ratio of 19.92 is 810% above median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 68.47. The Aerospace & Defense industry median PB Ratio is 3.48. Planet Labs PBC's value of 19.92 is 472.4% above this industry median. Based on the distribution chart, Planet Labs PBC ranks #322 out of 341 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Planet Labs PBC has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Planet Labs PBC's PB Ratio compare to SARO and KTOS?
According to the Aerospace & Defense industry distribution chart, Planet Labs PBC ranks #322 out of 341 companies for PB Ratio. This places Planet Labs PBC in the lower half of its industry. The industry median PB Ratio is 3.48. Planet Labs PBC's value of 19.92 is 472.4% above this benchmark. Historically, Planet Labs PBC's own PB Ratio has ranged from 0.98 to 68.47 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 3.48, Planet Labs PBC 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 Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.48, based on 341 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. Planet Labs PBC's current PB Ratio of 19.92 is 472.4% 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 Planet Labs PBC and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Labs PBC's current PB Ratio is 19.92, which is 810% above median its own 10-year median of 2.19. 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 (FRA:85H1) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.68, compared to a current price of €21.20 — trading 353% above its estimated fair value. The current PB Ratio is 19.92, which is 810% above median its 10-year median of 2.19 and 472.4% above the Aerospace & Defense industry median of 3.48. Planet Labs PBC's overall GF Score™ is 42/100 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 Planet Labs PBC (FRA:85H1), the current PB Ratio is 19.92 as of Jul. 17, 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 (FRA:85H1) Overvalued in 2026?

Based on GuruFocus' analysis, Planet Labs PBC stock appears to be overvalued. The current stock price of €21.20 is trading 353% above its estimated GF Value™ of €4.68. GuruFocus considers Planet Labs PBC to be Significantly Overvalued.

Key valuation signals for FRA:85H1:

  • PB Ratio: 19.92 (810% above median its 10-year median of 2.19)
  • GF Value™: €4.68 vs. price of €21.20 (353% above fair value)
  • GF Score™: 42/100 with 2 warning signs
  • Industry Position: 472.4% above the Aerospace & Defense median (#322 of 341)

No single metric tells the full story. See the FRA:85H1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Planet Labs PBC Business Description

Other Exchanges PL:USA1PLL:Italy
Address 645 Harrison Street, 4th Floor, San Francisco, CA, USA, 94107
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.
42GF Score

Get the complete analysis for FRA:85H1

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

€21.20
Price
€4.68
GF Value