According to Mullen Automotive's latest financial reports the company has a price-to-book ratio of 5.86.
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 |
---|---|---|
2022-12-31 | 22.9 | -291.65% |
2021-12-31 | -11.9 |