Rigetti ComputingFRA:A00 +1.73%35 PB Ratio is 9.82 as of Jul. 09, 2026, which is 291% above its 10-year median of 2.51. GuruFocus rates FRA:A00 with a GF Score™ of 35/100 and a GF Value™ of €0.93 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,414 Hardware companies, Rigetti Computing ranks worse than 88.69% on this metric.
The historical rank and industry rank for Rigetti Computing's PB Ratio or its related term are showing as below:
FRA:A00'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 2.51 Max: 42.65
Current: 9.64
During the past 6 years, Rigetti Computing's highest PB Ratio was 42.65. The lowest was 0.41. And the median was 2.51.
FRA:A00's PB Ratio is ranked worse than 88.69% of 2414
companies
in the Hardware industry
Industry Median: 2.32
vs FRA:A00: 9.64
During the past 12 months, Rigetti Computing's average Book Value Per Share Growth Rate was 143.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.20% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Rigetti Computing was 11.20% per year. The lowest was 11.20% per year. And the median was 11.20% per year.
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.
Rigetti Computing PB Ratio Related Terms
Rigetti Computing PB Ratio Historical Data
* Premium members only.
The historical data trend for Rigetti Computing'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 Computer Hardware subindustry, Rigetti Computing'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.
Rigetti Computing PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Rigetti Computing's PB Ratio distribution charts can be found below:
* The bar in red indicates where Rigetti Computing'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.
Rigetti Computing (FRA:A00) has a PB Ratio of 9.82 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Rigetti Computing and its competitors. This is 291% above median its historical median of 2.51. Over the past decade, Rigetti Computing's PB Ratio has ranged from 0.41 to 42.65. According to the industry distribution chart, Rigetti Computing ranks #2141 out of 2414 companies in the Hardware industry, placing it in the top 88.7%.
Is Rigetti Computing's PB Ratio too high?
Rigetti Computing's current PB Ratio of 9.82 is 291% above median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 42.65. The Hardware industry median PB Ratio is 2.32. Rigetti Computing's value of 9.82 is 323.3% above this industry median. Based on the distribution chart, Rigetti Computing ranks #2141 out of 2414 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Rigetti Computing has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rigetti Computing's PB Ratio compare to QBTS and QUBT?
According to the Hardware industry distribution chart, Rigetti Computing ranks #2141 out of 2414 companies for PB Ratio. This places Rigetti Computing in the lower half of its industry. The industry median PB Ratio is 2.32. Rigetti Computing's value of 9.82 is 323.3% above this benchmark. Historically, Rigetti Computing's own PB Ratio has ranged from 0.41 to 42.65 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 2.32, Rigetti Computing 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 a Hardware company?
The median PB Ratio among Hardware companies is 2.32, based on 2,414 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. Rigetti Computing's current PB Ratio of 9.82 is 323.3% 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 Rigetti Computing and its competitors. For the Hardware industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rigetti Computing's current PB Ratio is 9.82, which is 291% above median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rigetti Computing stock overvalued right now?
Based on GuruFocus' analysis, Rigetti Computing (FRA:A00) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.93, compared to a current price of €14.92 — trading 1504.1% above its estimated fair value. The current PB Ratio is 9.82, which is 291% above median its 10-year median of 2.51 and 323.3% above the Hardware industry median of 2.32. Rigetti Computing's overall GF Score™ is 35/100 with 7 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 Rigetti Computing (FRA:A00), the current PB Ratio is 9.82 as of Jul. 09, 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 Rigetti Computing (FRA:A00) Overvalued in 2026?
Based on GuruFocus' analysis, Rigetti Computing stock appears to be overvalued.
The current stock price of €14.92 is trading 1504.1% above its estimated GF Value™ of €0.93.
GuruFocus considers Rigetti Computing to be Significantly Overvalued.
Key valuation signals for FRA:A00:
PB Ratio: 9.82 (291% above median its 10-year median of 2.51)
GF Value™: €0.93 vs. price of €14.92 (1504.1% above fair value)
Industry Position: 323.3% above the Hardware median (#2141 of 2414)
No single metric tells the full story. See the FRA:A00 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rigetti Computing Inc builds quantum computers and the superconducting quantum processors that power them. The Company sells 9-qubit to 108-qubit quantum computing systems under the Novera and Cepheus trade names. Through the Rigetti Quantum Cloud Services (QCS) platform, the Company's machines can be integrated into any public, private or hybrid cloud. The Company also operates in Fremont, California; London, United Kingdom; Adelaide, Australia; British Columbia, Canada and Mumbai, India. The Company's revenue is derived from operations in the United States and the United Kingdom.
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