According to NIO's latest financial reports the company has a price-to-book ratio of 3.10.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 4.45 | -4.92% |
2022-12-31 | 4.68 | -49.3% |
2021-12-31 | 9.23 | -40.65% |
2020-12-31 | 15.6 | -426.62% |
2019-12-31 | -4.76 | -170.56% |
2018-12-31 | 6.75 | |
2017-12-31 | N/A |
Company | P/B ratio | differencediff. | Country |
---|---|---|---|
Tesla TSLA | 8.75 | 182.59% | ๐บ๐ธ USA |
Nikola NKLA | 1.20 | -61.21% | ๐บ๐ธ USA |
Lucid Motors LCID | 1.40 | -54.68% | ๐บ๐ธ USA |
Rivian RIVN | 1.34 | -56.63% | ๐บ๐ธ USA |