Lucid Motors (LCID)

P/B ratio as of November 2024 : 2.26

According to Lucid Motors's latest financial reports the company has a price-to-book ratio of 9.05824.
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.

Lucid Motors - P/B ratio (from 2021 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.99	-30.8%
2022-12-31	2.87	-82.08%
2021-12-31	16.0
2020-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Tesla TSLA	14.6	545.49%	🇺🇸 USA
NIO NIO	3.29	45.99%	🇨🇳 China
Rivian RIVN	1.74	-22.83%	🇺🇸 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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Lucid Motors (LCID) - P/B ratio