Nikola (NKLA) - P/S ratio

P/S ratio as of November 2024 (TTM): 1.89

According to Nikola's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.3764. At the end of 2024 the company had a P/S ratio of 2.87.

P/S ratio history for Nikola from 2020 to 2024

PS ratio at the end of each year

Year	P/S ratio	Change
2024	2.87	-89.83%
2023	28.3	38.85%
2022	20.4
2021	N/A	-100%
2020	> 1000

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
The Shyft Group SHYF	0.6009	-68.20%	🇺🇸 USA
Nikola NKLA	1.89	0.00%	🇺🇸 USA
NIO NIO	1.07	-43.39%	🇨🇳 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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P/S ratio for Nikola (NKLA)

P/S ratio as of November 2024 (TTM): 1.89