Red Cat HoldingsMIL:1RCAT -7.65%57 PB Ratio is 4.73 as of Jun. 26, 2026, which is 19% above its 10-year median of 3.98. GuruFocus rates MIL:1RCAT with a GF Score™ of 57/100 and a GF Value™ of €7.11 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 339 Aerospace & Defense companies, Red Cat Holdings ranks worse than 59.59% 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 (2026-06-26), Red Cat Holdings's share price is €8.013. Red Cat Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was €1.70. Hence, Red Cat Holdings's PB Ratio of today is 4.73.
The historical rank and industry rank for Red Cat Holdings's PB Ratio or its related term are showing as below:
MIL:1RCAT'
s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 3.98 Max: 200
Current: 4.56
During the past 13 years, Red Cat Holdings's highest PB Ratio was 200.00. The lowest was 0.61. And the median was 3.98.
MIL:1RCAT's PB Ratio is ranked worse than 59.59% of 339
companies
in the Aerospace & Defense industry
Industry Median: 3.59
vs MIL:1RCAT: 4.56
During the past 12 months, Red Cat Holdings's average Book Value Per Share Growth Rate was 479.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 76.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Red Cat Holdings was 138.40% per year. The lowest was 12.20% per year. And the median was 50.80% 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.
Red Cat Holdings PB Ratio Related Terms
Red Cat Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Red Cat 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.
For the Aerospace & Defense subindustry, Red Cat 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.
Red Cat Holdings PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Red Cat Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Red Cat Holdings'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.
Red Cat Holdings (MIL:1RCAT) has a PB Ratio of 4.73 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Red Cat Holdings and its competitors. This is 19% above median its historical median of 3.98. Over the past decade, Red Cat Holdings' PB Ratio has ranged from 0.61 to 200.00. According to the industry distribution chart, Red Cat Holdings ranks #202 out of 339 companies in the Aerospace & Defense industry, placing it in the top 59.6%.
Is Red Cat Holdings' PB Ratio too high?
Red Cat Holdings' current PB Ratio of 4.73 is 19% above median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 200.00. The Aerospace & Defense industry median PB Ratio is 3.59. Red Cat Holdings' value of 4.73 is 31.8% above this industry median. Based on the distribution chart, Red Cat Holdings ranks #202 out of 339 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Red Cat Holdings has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Red Cat Holdings' PB Ratio compare to DCO and AVEX?
According to the Aerospace & Defense industry distribution chart, Red Cat Holdings ranks #202 out of 339 companies for PB Ratio. This places Red Cat Holdings in the lower half of its industry. The industry median PB Ratio is 3.59. Red Cat Holdings' value of 4.73 is 31.8% above this benchmark. Historically, Red Cat Holdings' own PB Ratio has ranged from 0.61 to 200.00 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 3.59, Red Cat 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 Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.59, 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. Red Cat Holdings's current PB Ratio of 4.73 is 31.8% 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 Red Cat Holdings and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Red Cat Holdings's current PB Ratio is 4.73, which is 19% above median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Cat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Red Cat Holdings (MIL:1RCAT) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.11, compared to a current price of €8.01 — trading 12.7% above its estimated fair value. The current PB Ratio is 4.73, which is 19% above median its 10-year median of 3.98 and 31.8% above the Aerospace & Defense industry median of 3.59. Red Cat Holdings' overall GF Score™ is 57/100 with 4 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 Red Cat Holdings (MIL:1RCAT), the current PB Ratio is 4.73 as of Jun. 26, 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 Red Cat Holdings (MIL:1RCAT) Overvalued in 2026?
Based on GuruFocus' analysis, Red Cat Holdings stock appears to be overvalued.
The current stock price of €8.01 is trading 12.7% above its estimated GF Value™ of €7.11.
GuruFocus considers Red Cat Holdings to be Modestly Overvalued.
Key valuation signals for MIL:1RCAT:
PB Ratio: 4.73 (19% above median its 10-year median of 3.98)
GF Value™: €7.11 vs. price of €8.01 (12.7% above fair value)
Industry Position: 31.8% above the Aerospace & Defense median (#202 of 339)
No single metric tells the full story. See the MIL:1RCAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Red Cat Holdings Inc is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Its suite of solutions includes the Arachnid family of ISR and precision strike drones, which includes the Black Widow, a small unmanned ISR system; and WEB (Warfighter Electronic Bridge) GCS, designed to command and control an entire drone family of systems for military operations. Its other offerings include Edge 130 Blue drone systems, Trichon, a fixed-wing VTOL for extended endurance and range, and FANG FPV drones optimized for military operations with precision strike capabilities. The firm's Division includes Teal, FlightWave, and Blue Ops.
57GF Score
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