The Lion Electric Co (TSX:LEV) Price-to-Tangible-Book : 1.13 (As of May. 13, 2024)

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What is The Lion Electric Co Price-to-Tangible-Book?

As of today (2024-05-13), The Lion Electric Co's share price is C$1.23. The Lion Electric Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$1.09. Hence, The Lion Electric Co's Price to Tangible Book Ratio of today is 1.13.

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

TSX:LEV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.13 Med: 2.17 Max: 6.47
Current: 1.13

During the past 5 years, The Lion Electric Co's highest Price to Tangible Book Ratio was 6.47. The lowest was 1.13. And the median was 2.17.

TSX:LEV's Price-to-Tangible-Book is ranked better than
71.5% of 193 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.79 vs TSX:LEV: 1.13

A closely related ratio is called PB Ratio. As of today, The Lion Electric Co's share price is C$1.23. The Lion Electric Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$2.13. Hence, The Lion Electric Co's P/B Ratio of today is 0.58.

The Lion Electric Co Price-to-Tangible-Book Historical Data

The historical data trend for The Lion Electric Co'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.

The Lion Electric Co Price-to-Tangible-Book Chart

The Lion Electric Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

6.47

1.71

2.17

The Lion Electric Co Quarterly Data
	Dec19	May20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial											1.71	1.55	1.65	1.99	2.17

Competitive Comparison of The Lion Electric Co's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, The Lion Electric Co'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.

The Lion Electric Co's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, The Lion Electric Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where The Lion Electric Co's Price-to-Tangible-Book falls into.

The Lion Electric Co Price-to-Tangible-Book Calculation

The Lion Electric Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.23	/	1.087
	=	1.13

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.

The Lion Electric Co Price-to-Tangible-Book Related Terms

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The Lion Electric Co (TSX:LEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » The Lion Electric Co (TSX:LEV) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

LEV:USA 70U:Germany

Address

921 chemin de la Riviere-du-Nord, Saint-Jerome, QC, CAN, J7Y 5G2

Website

https://www.thelionelectric.com

The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.