Polar Power
POLA
$0.35
Share price
-5.61%
Change (1 day)
-69.83%
Change (1 year)
Categories
Polar Power (POLA) - P/B ratio
P/B ratio as of April 2024 : 0.4156
According to Polar Power
's latest financial reports the company has a price-to-book ratio of 0.4156.
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.
Polar Power - P/B ratio (from 2016 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.4837 | -47.36% |
| 2022-12-31 | 0.9188 | -53.34% |
| 2021-12-31 | 1.97 | -59.33% |
| 2020-12-31 | 4.84 | 269.16% |
| 2019-12-31 | 1.31 | -40.09% |
| 2018-12-31 | 2.19 | -1.35% |
| 2017-12-31 | 2.22 | -40.06% |
| 2016-12-31 | 3.70 | |
| 2015-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Polar Power
POLA | 0.4156 | 0.00% | 🇺🇸 USA |
 Hyliion HYLN | 0.7186 | 72.88% | 🇺🇸 USA |