Tesla
TSLA

Tesla, Inc. is an American company that manufactures and sells electric cars, as well as power storage and photovoltaic systems. The company's goal is to โ€œaccelerate the transition to sustainable energyโ€. The company name is based on the physicist and inventor Nikola Tesla.

Tesla (TSLA) - P/B ratio

P/B ratio as of November 2024 : 14.8

According to Tesla's latest financial reports the company has a price-to-book ratio of 10.7358.
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.

Tesla - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-3112.446.53%
2022-12-318.47-74.78%
2021-12-3133.618.95%
2020-12-3128.2202.57%
2019-12-319.342.61%
2018-12-319.10-2.06%
2017-12-319.2959.38%
2016-12-315.83-79.97%
2015-12-3129.1-5.07%
2014-12-3130.710.47%
2013-12-3127.8-10.53%
2012-12-3131.0133.33%
2011-12-3113.38.92%
2010-12-3112.2
2009-12-31N/A
2008-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
51.6 249.51%๐Ÿ‡บ๐Ÿ‡ธ USA
1.52-89.71%๐Ÿ‡บ๐Ÿ‡ธ USA
1.89-87.20%๐Ÿ‡บ๐Ÿ‡ธ USA
3.62-75.45%๐Ÿ‡จ๐Ÿ‡ณ China