Ondas Holdings Inc.

ONDS Technology Communication Equipment

Ondas Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $50.7 million, up 605.3% from fiscal 2024.

Revenue
+1,235.4%
EPS
−125.0%
Free cash flow
−1,000.3%
Total debt
+1,276.0%

Quarter to June 2026, against a year earlier

5.19 0.67 +14.82%
Market cap
$2.6B
P/E
0.0×
Fwd P/E
23.4×
Dividend yield
—
F-score
6/9
Altman Z
1.88
Beneish M
1.99
Dividend safety
n/a

Ondas Holdings Inc. (ONDS) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Ondas Holdings Inc. (ONDS) trades at a P/B ratio of 1.5×. Over the past ten years it has ranged from 0.0× (December 2020) to 20.9× (February 2021); the current reading is higher than 24% of that period. That is below the Communication Equipment industry median of 1.7× and below the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 4.9× (54.61%)
FY2024 10.8× 272.60%
FY2023 2.9× 159.27%
FY2022 1.1× (45.33%)
FY2021 2.0× (83.83%)
FY2020 12.6× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.6× (29.85%)
Mar 2026 3.7× (23.80%)
Dec 2025 4.9× 18.96%
Sep 2025 4.1× 29.30%
39 more quarters

Against its own ten years

Low 0.0× High 20.9×
Ten-year median 2.6×
Current reading's percentile 18

P/B ratio against peers

Company P/B ratio
VISN Vistance Networks, Inc. compare 0.5×
ONDS Ondas Holdings Inc. 1.5×
VSAT Viasat Inc. compare 1.7×
AAOI Applied Optoelectronics, Inc. compare 1.9×
HLIT Harmonic Inc. compare 2.7×
BDC Belden Inc compare 2.7×
DGII Digi International Inc. compare 3.4×
VIAV Viavi Solutions Inc. compare 4.9×
EXTR Extreme Networks, Inc. compare 31.6×
Communication Equipment industry median 1.7×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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