RLX Technology
RLX
RLX Technology (RLX) - P/B ratio
P/B ratio as of April 2024 : 1.40
According to RLX Technology's latest financial reports the company has a price-to-book ratio of 1.40.
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.
RLX Technology - P/B ratio (from 2021 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.43 | -9.43% |
| 2022-12-31 | 1.58 | -45.28% |
| 2021-12-31 | 2.89 | |
| 2020-12-31 | N/A | |
| 2019-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Vector Group
VGR | -2.22 | -258.91% | 🇺🇸 USA |
 Turning Point Brands TPB | 3.30 | 136.80% | 🇺🇸 USA |
 RLX Technology RLX | 1.40 | 0.00% | 🇨🇳 China |