Arcimoto (FUV) - P/B ratio

P/B ratio as of October 2024 : 0.3702

According to Arcimoto's latest financial reports the company has a price-to-book ratio of 0.64205.
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.

Arcimoto - P/B ratio (from 2017 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.6598	145.01%
2022-12-31	0.2693	-95.08%
2021-12-31	5.47	-42.17%
2020-12-31	9.46	82.92%
2019-12-31	5.17	3.52%
2018-12-31	4.99	23.83%
2017-12-31	4.03
2016-12-31	N/A
2015-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
The Shyft Group SHYF	1.81	389.95%	🇺🇸 USA
Nikola NKLA	0.4059	9.65%	🇺🇸 USA
NIO NIO	4.12	1,012.22%	🇨🇳 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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