According to Local Bounti's latest financial reports the company has a price-to-book ratio of 0.3269.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 0.2201 | -81.47% |
2022-12-31 | 1.19 | -78.31% |
2021-12-31 | 5.48 |