NIO
NIO
$5.41
Share price
6.71%
Change (1 day)
-31.95%
Change (1 year)
Categories
NIO (NIO) - P/B ratio
P/B ratio as of May 2024 : 2.92
According to NIO's latest financial reports the company has a price-to-book ratio of 2.92.
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.
NIO - P/B ratio (from 2018 to 2023)
P/B ratio by year
| 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 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Tesla TSLA | 8.24 | 182.03% | 🇺🇸 USA |
 Nikola NKLA | 1.01 | -65.34% | 🇺🇸 USA |
 Lucid Motors LCID | 1.26 | -56.72% | 🇺🇸 USA |
 Rivian RIVN | 1.09 | -62.78% | 🇺🇸 USA |