Tesla
TSLA
$149.93
Share price
-3.55%
Change (1 day)
-18.65%
Change (1 year)
Tesla, Inc. is an American company that manufactures and sells electric cars, as well as power storage and photovoltaic systems. The company's goal is to “accelerate the transition to sustainable energy”. The company name is based on the physicist and inventor Nikola Tesla.
Tesla (TSLA) - P/B ratio
P/B ratio as of April 2024 : 7.51
According to Tesla's latest financial reports the company has a price-to-book ratio of 7.51.
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.
Tesla - P/B ratio (from 2010 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 12.4 | 46.53% |
| 2022-12-31 | 8.47 | -74.78% |
| 2021-12-31 | 33.6 | 18.95% |
| 2020-12-31 | 28.2 | 202.57% |
| 2019-12-31 | 9.34 | 2.61% |
| 2018-12-31 | 9.10 | -2.06% |
| 2017-12-31 | 9.29 | 59.38% |
| 2016-12-31 | 5.83 | -79.97% |
| 2015-12-31 | 29.1 | -5.07% |
| 2014-12-31 | 30.7 | 10.47% |
| 2013-12-31 | 27.8 | -10.53% |
| 2012-12-31 | 31.0 | 133.33% |
| 2011-12-31 | 13.3 | 8.92% |
| 2010-12-31 | 12.2 | |
| 2009-12-31 | N/A | |
| 2008-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 34.8 | 363.72% | 🇺🇸 USA |
 NIO NIO | 3.04 | -59.54% | 🇨🇳 China |
 Lucid Motors LCID | 1.16 | -84.55% | 🇺🇸 USA |
 Rivian RIVN | 0.9442 | -87.42% | 🇺🇸 USA |