Red Cat price to book ratio RCAT
Market value divided by the book value of the company's net assets, since 2013.
- Today, Oct 23, 2026
- 1.4×
- 7-year median
- 4.7×
- Against its 7-year history
- 33rd
- percentile: 0 is its lowest day, 100 its highest
- 7-year range
- 0.6× to 188×
- Peer median
- 3.0×
Red Cat's price to book ratio is 1.4× as of Oct 23, 2026.
That is below its 7-year median of 4.7×, lower than on 67% of days in the last 7 years.
Over that time it ranged from 0.6× in Dec 2022 to 188× in Feb 2020.
The median for 10 infrastructure software stocks of a similar size is 3.0×.
Price to book ratio over time
The dashed line is the 7-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 1.4× | 1.4× | 7.6× |
| 2025 | 3.9× | 3.0× | 39.1× |
| 2024 | 36.4× | 1.0× | 36.4× |
| 2023 | 1.4× | 0.7× | 1.4× |
| 2022 | 0.7× | 0.6× | 1.7× |
| 2021 | 1.3× | 1.3× | 101× |
| 2020 | 54.9× | 7.2× | 188× |
| 2019 | 136× | 34.0× | 136× |
| 2018 | n/m a value too high to mean anything | ||
| 2017 | n/m a value too high to mean anything | ||
| 2016 | n/m a value too high to mean anything | ||
| 2015 | n/m a value too high to mean anything | ||
| 2014 | 0.0× | 0.0× | 5.4× |
| 2013 | 17.2× | 10.3× | 17.2× |
Against its peers
Companies in Software - Infrastructure nearest Red Cat's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| RCATRed Cat | 1.4× |
| CCSIConsensus Cloud Solutions | 16.5× |
| GDYNGrid Dynamics | 1.3× |
| OSPNOneSpan | 2.7× |
| IIIVi3 Verticals | 1.6× |
| RPDRapid7 | 5.1× |
| RDVTRed Violet | 11.6× |
| XZOExzeo | 5.3× |
| MKTWMarketwise | n/m |
| CXMSprinklr | 3.0× |
| EVCMEverCommerce | 2.3× |
| Peer median | 3.0× |
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 Red Cat
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.