Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company offers Open Geospatial Consortium, a cloud-native proprietary technology that performs critical processing and overall harmonizing of images for time series and data fusion and analysis; and space-based hardware and related software systems. It serves agriculture, mapping, forestry, and finance and insurance, as well as federal, state, and local government bodies. The company was incorporated in 2010 and is headquartered in San Francisco, California.
P/E ratio for Planet Labs PBC (PL)
P/E ratio as of 2024: -4.50
According to Planet Labs PBC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.50. At the end of 2023 the company had a P/E ratio of -8.16.
P/E ratio history for Planet Labs PBC from 2020 to 2024
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2024 | -4.50 |
| 2023 | -8.16 |
| 2022 | -11.66 |
| 2021 | -3.36 |
| 2020 | -3.45 |