Nu Ride (Nu Ride) Price-to-Tangible-Book : 3.44 (As of May. 21, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Nu Ride Price-to-Tangible-Book?

As of today (2024-05-21), Nu Ride's share price is $1.65. Nu Ride's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.48. Hence, Nu Ride's Price to Tangible Book Ratio of today is 3.44.

The historical rank and industry rank for Nu Ride's Price-to-Tangible-Book or its related term are showing as below:

NRDE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77 Med: 1.34 Max: 5.44
Current: 1.94

During the past 5 years, Nu Ride's highest Price to Tangible Book Ratio was 5.44. The lowest was 0.77. And the median was 1.34.

NRDE's Price-to-Tangible-Book is ranked worse than
55.56% of 1197 companies
in the Vehicles & Parts industry
Industry Median: 1.69 vs NRDE: 1.94

A closely related ratio is called PB Ratio. As of today, Nu Ride's share price is $1.65. Nu Ride's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.48. Hence, Nu Ride's P/B Ratio of today is 3.44.

Nu Ride Price-to-Tangible-Book Historical Data

The historical data trend for Nu Ride's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nu Ride Price-to-Tangible-Book Chart

Nu Ride Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

5.44

1.26

0.77

1.41

Nu Ride Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial													0.87	1.17	3.55	1.41	3.67

Competitive Comparison of Nu Ride's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, Nu Ride's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nu Ride's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nu Ride's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nu Ride's Price-to-Tangible-Book falls into.

Nu Ride Price-to-Tangible-Book Calculation

Nu Ride's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1.65	/	0.48
	=	3.44

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Nu Ride Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Nu Ride's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Nu Ride (Nu Ride) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nu Ride Inc (OTCPK:NRDE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2300 Hallock Young Road, Lordstown, OH, USA, 44481

Website

https://www.lordstownmotors.com

Lordstown Motors Corp is an electric vehicle innovator developing high-quality light duty commercial fleet vehicles, with the Endurance all electric pick-up truck as its first vehicle being launched in the Lordstown, Ohio facility. The Company is in its final design and testing phase related to their production of the Endurance and has yet to bring a completed product to market.

Executives

Stephen S. Burns	director, officer: Chief Executive Officer	C/O ADVANCED MECHANICAL PRODUCTS, INC., 4540 ALPINE ROAD, BLUE ASH OH 45242
Anderson Joseph B Jr	director	MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084-7186
Edward T. Hightower	officer: President	C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Donna Bell	officer: EVP, PROD CRTN, ENG & SUPP CHN	C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Jane Ritson-parsons	officer: CHIEF OPERATING OFFICER	C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Laura J. Soave	director	C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Daniel A Ninivaggi	director, officer: CHIEF EXECUTIVE OFFICER	C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153
Melissa A. Leonard	officer: EVP, GEN. COUNSEL & SECRETARY	C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Adam B Kroll	officer: CHIEF FINANCIAL OFFICER	475 QUAKER MEETING HOUSE RD, HONEOYE FALLS NY 14472
Rebecca A Roof	officer: Interim CFO	C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Chuan D. Vo	officer: Vice President of Propulsion	C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Julio C. Rodriguez	officer: Chief Financial Officer	315 CHELSEY CT., ALPHARETTA GA 30004
Darren Post	officer: Vice President of Engineering	C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Phil Richard Schmidt	officer: Chief Production Officer	C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Shane Brown	officer: Chief Production Officer	2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481