Planet Labs Pbc Stock Price To Book

PL Stock  USD 1.77  0.01  0.57%   
Planet Labs PBC fundamentals help investors to digest information that contributes to Planet Labs' financial success or failures. It also enables traders to predict the movement of Planet Stock. The fundamental analysis module provides a way to measure Planet Labs' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Planet Labs stock.
The value of Price To Book Ratio is estimated to slide to 1.16.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Planet Labs PBC Company Price To Book Analysis

Planet Labs' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Planet Labs Price To Book

    
  1.13 X  
Most of Planet Labs' fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Planet Labs PBC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Planet Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Planet Labs is extremely important. It helps to project a fair market value of Planet Stock properly, considering its historical fundamentals such as Price To Book. Since Planet Labs' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Planet Labs' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Planet Labs' interrelated accounts and indicators.
0.970.950.83-0.85-0.870.67-0.630.780.830.73-0.630.810.220.721.0-0.48-0.861.00.990.920.99-0.920.620.99-0.94
0.970.980.72-0.88-0.790.69-0.780.620.80.69-0.780.90.00.540.98-0.41-0.730.960.970.890.97-0.870.630.97-0.86
0.950.980.77-0.83-0.790.63-0.760.620.850.69-0.760.940.030.550.96-0.4-0.740.940.980.870.94-0.810.730.98-0.86
0.830.720.77-0.54-0.890.3-0.310.910.890.71-0.310.590.520.880.79-0.63-0.950.80.850.760.77-0.720.770.84-0.94
-0.85-0.88-0.83-0.540.49-0.450.59-0.54-0.47-0.280.59-0.68-0.03-0.44-0.880.120.55-0.87-0.79-0.95-0.890.92-0.29-0.790.64
-0.87-0.79-0.79-0.890.49-0.590.53-0.81-0.94-0.930.53-0.68-0.28-0.76-0.830.80.92-0.83-0.89-0.68-0.80.7-0.77-0.880.97
0.670.690.630.3-0.45-0.59-0.560.340.520.73-0.560.63-0.010.360.68-0.19-0.480.680.680.40.7-0.540.270.68-0.59
-0.63-0.78-0.76-0.310.590.53-0.56-0.07-0.61-0.561.0-0.890.60.04-0.670.420.26-0.59-0.67-0.51-0.620.44-0.6-0.670.48
0.780.620.620.91-0.54-0.810.34-0.070.690.6-0.070.340.730.980.74-0.53-0.970.790.740.750.75-0.80.460.74-0.89
0.830.80.850.89-0.47-0.940.52-0.610.690.9-0.610.820.170.650.8-0.7-0.840.780.90.630.76-0.580.930.89-0.92
0.730.690.690.71-0.28-0.930.73-0.560.60.9-0.560.680.130.590.7-0.74-0.770.680.780.420.66-0.480.750.78-0.85
-0.63-0.78-0.76-0.310.590.53-0.561.0-0.07-0.61-0.56-0.890.60.04-0.670.420.26-0.59-0.67-0.51-0.620.44-0.6-0.670.48
0.810.90.940.59-0.68-0.680.63-0.890.340.820.68-0.89-0.250.280.83-0.35-0.520.780.870.660.79-0.580.780.87-0.7
0.220.00.030.52-0.03-0.28-0.010.60.730.170.130.6-0.250.820.16-0.03-0.590.260.190.230.21-0.320.010.19-0.39
0.720.540.550.88-0.44-0.760.360.040.980.650.590.040.280.820.67-0.43-0.950.730.690.660.69-0.720.420.69-0.85
1.00.980.960.79-0.88-0.830.68-0.670.740.80.7-0.670.830.160.67-0.45-0.820.990.980.931.0-0.930.590.98-0.91
-0.48-0.41-0.4-0.630.120.8-0.190.42-0.53-0.7-0.740.42-0.35-0.03-0.43-0.450.63-0.41-0.49-0.34-0.380.34-0.64-0.480.66
-0.86-0.73-0.74-0.950.550.92-0.480.26-0.97-0.84-0.770.26-0.52-0.59-0.95-0.820.63-0.85-0.85-0.76-0.820.79-0.63-0.850.97
1.00.960.940.8-0.87-0.830.68-0.590.790.780.68-0.590.780.260.730.99-0.41-0.850.970.931.0-0.950.550.97-0.92
0.990.970.980.85-0.79-0.890.68-0.670.740.90.78-0.670.870.190.690.98-0.49-0.850.970.860.97-0.850.721.0-0.94
0.920.890.870.76-0.95-0.680.4-0.510.750.630.42-0.510.660.230.660.93-0.34-0.760.930.860.93-0.970.440.86-0.8
0.990.970.940.77-0.89-0.80.7-0.620.750.760.66-0.620.790.210.691.0-0.38-0.821.00.970.93-0.940.520.97-0.9
-0.92-0.87-0.81-0.720.920.7-0.540.44-0.8-0.58-0.480.44-0.58-0.32-0.72-0.930.340.79-0.95-0.85-0.97-0.94-0.31-0.850.82
0.620.630.730.77-0.29-0.770.27-0.60.460.930.75-0.60.780.010.420.59-0.64-0.630.550.720.440.52-0.310.72-0.72
0.990.970.980.84-0.79-0.880.68-0.670.740.890.78-0.670.870.190.690.98-0.48-0.850.971.00.860.97-0.850.72-0.94
-0.94-0.86-0.86-0.940.640.97-0.590.48-0.89-0.92-0.850.48-0.7-0.39-0.85-0.910.660.97-0.92-0.94-0.8-0.90.82-0.72-0.94
Click cells to compare fundamentals

Planet Price To Book Historical Pattern

Today, most investors in Planet Labs Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Planet Labs' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Planet Labs price to book as a starting point in their analysis.
   Planet Labs Price To Book   
       Timeline  
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

Planet Book Value Per Share

Book Value Per Share

3.08

At this time, Planet Labs' Book Value Per Share is quite stable compared to the past year.
Based on the latest financial disclosure, Planet Labs PBC has a Price To Book of 1.1277 times. This is 80.89% lower than that of the Machinery sector and 93.8% lower than that of the Industrials industry. The price to book for all United States stocks is 88.14% higher than that of the company.

Planet Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Planet Labs' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Planet Labs could also be used in its relative valuation, which is a method of valuing Planet Labs by comparing valuation metrics of similar companies.
Planet Labs is currently under evaluation in price to book category among related companies.

Planet Fundamentals

About Planet Labs Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Planet Labs PBC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Planet Labs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Planet Labs PBC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Planet Labs PBC using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Planet Labs PBC is a strong investment it is important to analyze Planet Labs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Planet Labs' future performance. For an informed investment choice regarding Planet Stock, refer to the following important reports:
Check out Planet Labs Piotroski F Score and Planet Labs Altman Z Score analysis.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Planet Stock analysis

When running Planet Labs' price analysis, check to measure Planet Labs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Planet Labs is operating at the current time. Most of Planet Labs' value examination focuses on studying past and present price action to predict the probability of Planet Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Labs' price. Additionally, you may evaluate how the addition of Planet Labs to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Is Planet Labs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Planet Labs. If investors know Planet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Planet Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.50)
Revenue Per Share
0.789
Quarterly Revenue Growth
0.111
Return On Assets
(0.14)
Return On Equity
(0.26)
The market value of Planet Labs PBC is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Labs' value that differs from its market value or its book value, called intrinsic value, which is Planet Labs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Planet Labs' market value can be influenced by many factors that don't directly affect Planet Labs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Planet Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Labs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.