Lucid Motors (LCID)

P/B ratio as of May 2023 : 3.32

According to Lucid Motors's latest financial reports the company has a price-to-book ratio of 3.32.
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 2022)

P/B ratio by year

Year	P/B ratio	Change
2022-12-31	2.87	-82.08%
2021-12-31	16.0	INF%
2020-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Tesla TSLA	12.4	274.70%	🇺🇸 USA
NIO NIO	3.29	-0.99%	🇨🇳 China
Rivian RIVN	1.03	-68.95%	🇺🇸 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