EHang Holdings (EH)

P/B ratio as of November 2024 : 12.2

According to EHang Holdings's latest financial reports the company has a price-to-book ratio of 31.0683.
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.

EHang Holdings - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	33.5	23%
2022-12-31	27.2	72.53%
2021-12-31	15.8	-41.86%
2020-12-31	27.1	108.2%
2019-12-31	13.0
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Red Cat Holdings RCAT	7.48	-38.74%	🇺🇸 USA
Northrop Grumman NOC	5.01	-58.95%	🇺🇸 USA
Lockheed Martin LMT	17.8	45.50%	🇺🇸 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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EHang Holdings (EH) - P/B ratio