According to Nikola's latest financial reports the company has a price-to-book ratio of 1.21.
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 | 1.41 | -28.32% |
2022-12-31 | 1.96 | -66.07% |
2021-12-31 | 5.79 | -3.17% |
2020-12-31 | 5.98 | |
2019-12-31 | N/A |
Company | P/B ratio | differencediff. | Country |
---|---|---|---|
Nikola NKLA | 1.21 | 0.00% | ๐บ๐ธ USA |
NIO NIO | 3.42 | 181.78% | ๐จ๐ณ China |
The Shyft Group SHYF | 1.53 | 26.59% | ๐บ๐ธ USA |