QuantumScape's Valuation Puzzle: Undervalued by DCF, Overvalued by P/B — What's Next for the Battery Pioneer?
As QuantumScape shares hover near $10, a stark divergence emerges between its discounted cash flow valuation and its price-to-book ratio. With the stock down year-to-date but up sharply over one year, investors are weighing the promise of solid-state batteries against execution risks and market volatility.