Luminar Technologies (LAZR)

P/B ratio as of December 2024 : -0.6969

According to Luminar Technologies's latest financial reports the company has a price-to-book ratio of 2.39667.
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.

Luminar Technologies - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	-0.8954	-85.14%
2023-12-31	-6.03	-91.14%
2022-12-31	-68.0	-326.29%
2021-12-31	30.1	-59.41%
2020-12-31	74.0

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
L3Harris Technologies LHX	2.13	-405.38%	🇺🇸 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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Luminar Technologies (LAZR) - P/B ratio