Let’s talk valuation. BigBear currently trades at roughly 7x book value, while comparable AI-focused software companies trade between 15x and 18x. Even adjusting for risk, that’s a potential 100% to 150% upside if BigBear is simply revalued in line with its peers.
| Company |
P/B Ratio |
| BigBear.ai (BBAI) |
7x |
| AI Software Peer Avg |
15x – 18x |
| Implied Upside |
+100% to +150% |