The latest data point for RKLB's P/B Ratio in Q1'26 stands at 17.17, reflecting a decline from the previous quarter's 22.54 and marking a pullback from the peak levels observed earlier in the fiscal year. Over the period from Q2'23 to Q1'26, the P/B Ratio exhibited an overall upward trend, starting at 5.27 and surging dramatically to a high of 30.78 in Q2'25, driven by significant gains in Q3'24 (17.46) and Q4'24 (23.52) that indicate strong market valuation growth. However, the ratio has shown recent volatility with a notable 29% drop from Q2'25 to Q3'25 and stabilization around 20-22 in late 2025, before the latest dip, suggesting potential market corrections amid sustained but fluctuating investor sentiment.