ESS Tech (GWH) - P/B ratio

P/B ratio as of January 2026 : -20.8

According to ESS Tech's latest financial reports the company has a price-to-book ratio of 6.10895.
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.

ESS Tech - P/B ratio (from 2021 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	-20.6	-875.35%
2024-12-31	2.66	39.49%
2023-12-31	1.91	-29.82%
2022-12-31	2.72	-66.3%
2021-12-31	8.07

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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