According to NeoVolta's latest financial reports the company has a price-to-book ratio of 15.3.
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 | 9.39 | -26.21% |
2022-12-31 | 12.7 |