Nikola
NKLA
$1.41
Share price
-10.19%
Change (1 day)
-81.15%
Change (1 year)
Nikola Corporation
, also known as Nikola Motors, is an American hybrid and electric truck development, design and production company.
Nikola (NKLA) - P/B ratio
P/B ratio as of October 2023 : 2.66
According to Nikola's latest financial reports the company has a price-to-book ratio of 2.66.
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.
Nikola - P/B ratio (from 2020 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2022-12-31 | 1.96 | -66.07% |
| 2021-12-31 | 5.79 | -2.45% |
| 2020-12-31 | 5.94 | |
| 2019-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Nikola NKLA | 2.66 | 0.00% | 🇺🇸 USA |
 NIO NIO | 4.62 | 73.89% | 🇨🇳 China |
 The Shyft Group SHYF | 2.00 | -24.70% | 🇺🇸 USA |