Canoo (GOEV) - P/B ratio

P/B ratio as of September 2024 : 0.4338

According to Canoo's latest financial reports the company has a price-to-book ratio of 0.4338.
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.

Canoo - 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	1.22	-31.96%
2022-12-31	1.79	-66.53%
2021-12-31	5.36	-6.86%
2020-12-31	5.75

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
The Shyft Group SHYF	1.75	303.49%	🇺🇸 USA
Nikola NKLA	0.5074	16.97%	🇺🇸 USA
NIO NIO	3.17	631.08%	🇨🇳 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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