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T3 Defense price to book ratio DFNS

Market value divided by the book value of the company's net assets, since 2020.

Today, Oct 23, 2026
n/m
not a meaningful number
Last meaningful
0.5×
Aug 2026
6-year median
12.2×
6-year range
0.1× to 12.6×
Peer median
2.3×

T3 Defense's price to book ratio is not a meaningful number today: shareholders' equity was zero, negative or not reported, so price to book does not exist.

It was last meaningful in Aug 2026, at 0.5×.

On the days it had one over the last 6 years, its median was 12.2×, from 0.1× in Jul 2026 to 12.6× in Feb 2021.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far0.5×0.1×0.7×
2025n/m a value too high to mean anything
2024n/m a value too high to mean anything
2023n/m a value too high to mean anything
2022n/m a value too high to mean anything
202112.4×12.1×12.6×
202012.2×11.9×12.3×

Against its peers

Companies in Industrials nearest T3 Defense's size, closest first, today.

CompanyPrice to book ratio
DFNST3 Defensen/m
AERTAeries Technologyn/m
MAMOMassimo1.6×
ACFNAcorn Energy4.9×
CVUCPI Aerostructures2.3×
Peer median2.3×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on T3 Defense

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.