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Terra DroneTSE:278A +1.17%9 PB Ratio is 33.55 as of Jul. 22, 2026, which is 446% above its 10-year median of 6.14. GuruFocus rates TSE:278A with a GF Score™ of 9/100. The stock has 5 warning signs investors should review. Among 342 Aerospace & Defense companies, Terra Drone ranks worse than 97.95% 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 (2026-07-22), Terra Drone's share price is 円15550.00. Terra Drone's Book Value per Share for the quarter that ended in Jan. 2026 was 円463.54. Hence, Terra Drone's PB Ratio of today is 33.55.
Warning Sign:
Terra Drone Corp stock PB Ratio (=29.71) is close to 2-year high of 29.71.
The historical rank and industry rank for Terra Drone's PB Ratio or its related term are showing as below:
TSE:278A'
s PB Ratio Range Over the Past 10 Years
Min: 3.02 Med: 6.14 Max: 33.55
Current: 33.55
During the past 4 years, Terra Drone's highest PB Ratio was 33.55. The lowest was 3.02. And the median was 6.14.
TSE:278A's PB Ratio is ranked worse than 97.95% of 342
companies
in the Aerospace & Defense industry
Industry Median: 3.5
vs TSE:278A: 33.55
During the past 12 months, Terra Drone's average Book Value Per Share Growth Rate was -31.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.30% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Terra Drone was 1.30% per year. The lowest was 1.30% per year. And the median was 1.30% 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.
Terra Drone PB Ratio Related Terms
Terra Drone PB Ratio Historical Data
* Premium members only.
The historical data trend for Terra Drone'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, Terra Drone'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.
Terra Drone PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Terra Drone's PB Ratio distribution charts can be found below:
* The bar in red indicates where Terra Drone'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.
Terra Drone's PB Ratio for today is calculated as follows:
* 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.
Terra Drone (TSE:278A) has a PB Ratio of 33.55 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Terra Drone and its competitors. This is 446% above median its historical median of 6.14. Over the past decade, Terra Drone's PB Ratio has ranged from 3.02 to 33.55. According to the industry distribution chart, Terra Drone ranks #335 out of 342 companies in the Aerospace & Defense industry, placing it in the top 98%.
Is Terra Drone's PB Ratio too high?
Terra Drone's current PB Ratio of 33.55 is 446% above median its 10-year median of 6.14. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 33.55. The Aerospace & Defense industry median PB Ratio is 3.50. Terra Drone's value of 33.55 is 858.6% above this industry median. Based on the distribution chart, Terra Drone ranks #335 out of 342 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Terra Drone has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Terra Drone's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Terra Drone ranks #335 out of 342 companies for PB Ratio. This places Terra Drone in the lower half of its industry. The industry median PB Ratio is 3.50. Terra Drone's value of 33.55 is 858.6% above this benchmark. Historically, Terra Drone's own PB Ratio has ranged from 3.02 to 33.55 over the past decade. While the company's 10-year median is 6.14 vs. the industry median of 3.50, Terra Drone 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 3.50, based on 342 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. Terra Drone's current PB Ratio of 33.55 is 858.6% 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 Terra Drone and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terra Drone's current PB Ratio is 33.55, which is 446% above median its own 10-year median of 6.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terra Drone stock overvalued right now?
Terra Drone (TSE:278A) has a current PB Ratio of 33.55. The current PB Ratio is 33.55, which is 446% above median its 10-year median of 6.14 and 858.6% above the Aerospace & Defense industry median of 3.50. Terra Drone's overall GF Score™ is 9/100 with 5 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 Terra Drone (TSE:278A), the current PB Ratio is 33.55 as of Jul. 22, 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.
Terra Drone Corp is engaged in developing hardware and software for drones for surveying, inspection, and agriculture, providing related services, and developing and providing systems for managing the safe and efficient operation of drones and flying cars (UTM).
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