Li Auto (LI) - P/B ratio

P/B ratio as of November 2024 : 2.57

According to Li Auto's latest financial reports the company has a price-to-book ratio of 1.23521.
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.

Li Auto - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.40	40.15%
2022-12-31	3.14	-37.73%
2021-12-31	5.04	-11.01%
2020-12-31	5.66

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
The Shyft Group SHYF	1.96	-23.75%	🇺🇸 USA
Nikola NKLA	0.5024	-80.49%	🇺🇸 USA
NIO NIO	3.61	40.07%	🇨🇳 China

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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