Hyliion (HYLN) - P/B ratio

P/B ratio as of September 2024 : 1.35

According to Hyliion's latest financial reports the company has a price-to-book ratio of 1.35.
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.

Hyliion - 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	0.4856	-51.08%
2022-12-31	0.9928	-48.82%
2021-12-31	1.94	-51.04%
2020-12-31	3.96
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Hyliion HYLN	1.35	0.00%	🇺🇸 USA
Polar Power POLA	0.6524	-51.83%	🇺🇸 USA

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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