Palantir meteoric rise after transfer from NYSE to NASDAQ will come to halt soon as their strong fundamental doesn't move up along with the stock rise. Currently Palantir stock price stand near $66 per share while Book Value per share is traded only at $1.98. So it is traded dangerously at 33 times of Book Valuation per share. The Stock Value Rainbow indicator shows that Palantir stock price is traded far beyond the it's valuation. Stock Value Rainbow measures stock value based on book value per share, earning per share, cash flow per share, dividend per share, couple with estimated earning per share. Rainbow colors show multiple value of it's cumulative total. Palantir crashes on end of Jan 2021 while traded at $44 while its Book Value per share stood at 0.87, which is around 45 times it Book Value per share. The price never recover until Nov 2024. The same meteoric rise recently will sink Palantir stock value for a long period of time as before, as the valuation doesn't catch up stock value. So be really cautious about the next coming crash!