According to ESS Tech's latest financial reports the company has a price-to-book ratio of 6.46239.
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 |
---|---|---|
2024-12-31 | 1.56 | -18.11% |
2023-12-31 | 1.91 | -29.82% |
2022-12-31 | 2.72 | -66.3% |
2021-12-31 | 8.07 |