LMP Automotive Holdings (LMPX)

P/B ratio as of November 2024 : 0.0517

According to LMP Automotive Holdings's latest financial reports the company has a price-to-book ratio of 0.0059941.
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.

LMP Automotive Holdings - P/B ratio (from 2019 to 2021)

P/B ratio by year

Year	P/B ratio	Change
2021-12-31	2.07	-75.94%
2020-12-31	8.59	-12.23%
2019-12-31	9.78
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Perion Network PERI	0.5846	1,030.58%	🇮🇱 Israel

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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LMP Automotive Holdings (LMPX) - P/B ratio