Palantir Technologies price to book ratio PLTR

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

Today, Oct 23, 2026: 48.4×
6-year median: 22.2×
Against its 6-year history: 84th; percentile: 0 is its lowest day, 100 its highest
6-year range: 5.5× to 80.2×
Peer median: 11.3×

Palantir Technologies' price to book ratio is 48.4× as of Oct 23, 2026.

That is above its 6-year median of 22.2×, higher than on 84% of days in the last 6 years.

Over that time it ranged from 5.5× in Dec 2022 to 80.2× in Oct 2025.

The median for 7 infrastructure software stocks of a similar size is 11.3×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	48.4×	32.0×	64.2×
2025	68.2×	34.1×	80.2×
2024	40.0×	10.9×	40.8×
2023	11.7×	5.6×	14.2×
2022	5.6×	5.5×	14.8×
2021	16.2×	16.2×	49.0×
2020	32.8×	22.0×	38.6×

Against its peers

Companies in Software - Infrastructure nearest Palantir Technologies' size, closest first, today.

Company	Price to book ratio
PLTRPalantir Technologies	48.4×
ORCLOracle	5.7×
PANWPalo Alto Networks	11.3×
CRWDCrowdStrike	51.7×
FTNTFortinet	85.1×
NETCloudflare	71.6×
SNPSSynopsys	2.6×
MSFTMicrosoft	8.8×
Peer median	11.3×

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 Palantir Technologies

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.