XPeng (BKK:XPENG03) PB Ratio: 0.03 (As of Jul. 14, 2026) — 99% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:XPENG03 XPeng Inc BKK:XPENG03
45 GF Score
Price ฿2.18
GF Value ฿4.72
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is XPeng PB Ratio?

XPeng BKK:XPENG03 45 PB Ratio is 0.03 as of Jul. 14, 2026, which is 99% below its 10-year median of 3.72. GuruFocus rates BKK:XPENG03 with a GF Score™ of 45/100 and a GF Value™ of ฿4.72 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,294 Vehicles & Parts companies, XPeng ranks worse than 76.82% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-14), XPeng's share price is ฿2.18. XPeng's Book Value per Share for the quarter that ended in Mar. 2026 was ฿69.69. Hence, XPeng's PB Ratio of today is 0.03.

Good Sign:

XPeng Inc stock PB Ratio (=3) is close to 1-year low of 2.8.

The historical rank and industry rank for XPeng's PB Ratio or its related term are showing as below:

BKK:XPENG03' s PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 3.72   Max: 37.12
Current: 3

During the past 8 years, XPeng's highest PB Ratio was 37.12. The lowest was 1.05. And the median was 3.72.

BKK:XPENG03's PB Ratio is ranked worse than
76.82% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.375 vs BKK:XPENG03: 3.00

During the past 12 months, XPeng's average Book Value Per Share Growth Rate was -3.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of XPeng was -6.80% per year. The lowest was -16.50% per year. And the median was -9.70% per year.

Back to Basics: PB Ratio


XPeng  (BKK:XPENG03) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


XPeng PB Ratio Related Terms


XPeng PB Ratio Historical Data

* Premium members only.

The historical data trend for XPeng's PB Ratio 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.

XPeng PB Ratio Chart

XPeng Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

XPeng Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.04

BKK:XPENG03 vs LI, NIO, VFS: PB Ratio Comparison

For the Auto Manufacturers subindustry, XPeng's PB Ratio, along with its competitors' market caps and PB Ratio 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.


XPeng PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, XPeng's PB Ratio distribution charts can be found below:

* The bar in red indicates where XPeng's PB Ratio falls into.


BKK:XPENG03
45GF Score
XPeng Inc BKK:XPENG03
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XPeng PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

XPeng's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.18/69.69
=0.03

* 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.

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

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

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.03 mean?
XPeng (BKK:XPENG03) has a PB Ratio of 0.03 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on XPeng and its competitors. This is 99% below median its historical median of 3.72. Over the past decade, XPeng's PB Ratio has ranged from 1.05 to 37.12. According to the industry distribution chart, XPeng ranks #994 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 76.8%.
Is XPeng's PB Ratio too high?
XPeng's current PB Ratio of 0.03 is 99% below median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 37.12. The Vehicles & Parts industry median PB Ratio is 1.38. XPeng's value of 0.03 is 97.8% below this industry median. Based on the distribution chart, XPeng ranks #994 out of 1294 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, XPeng has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does XPeng's PB Ratio compare to LI and NIO?
According to the Vehicles & Parts industry distribution chart, XPeng ranks #994 out of 1294 companies for PB Ratio. This places XPeng in the lower half of its industry. The industry median PB Ratio is 1.38. XPeng's value of 0.03 is 97.8% below this benchmark. Historically, XPeng's own PB Ratio has ranged from 1.05 to 37.12 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 1.38, XPeng has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.38, based on 1,294 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. XPeng's current PB Ratio of 0.03 is 97.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on XPeng and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XPeng's current PB Ratio is 0.03, which is 99% below median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XPeng stock overvalued right now?
Based on GuruFocus' analysis, XPeng (BKK:XPENG03) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.72, compared to a current price of ฿2.18 — trading 53.8% below its estimated fair value. The current PB Ratio is 0.03, which is 99% below median its 10-year median of 3.72 and 97.8% below the Vehicles & Parts industry median of 1.38. XPeng's overall GF Score™ is 45/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For XPeng (BKK:XPENG03), the current PB Ratio is 0.03 as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is XPeng (BKK:XPENG03) Overvalued in 2026?

Based on GuruFocus' analysis, XPeng stock appears to be undervalued. The current stock price of ฿2.18 is trading 53.8% below its estimated GF Value™ of ฿4.72. GuruFocus considers XPeng to be Possible Value Trap.

Key valuation signals for BKK:XPENG03:

  • PB Ratio: 0.03 (99% below median its 10-year median of 3.72)
  • GF Value™: ฿4.72 vs. price of ฿2.18 (53.8% below fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 97.8% below the Vehicles & Parts median (#994 of 1294)

No single metric tells the full story. See the BKK:XPENG03 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XPeng Business Description

Address No.10, Cencun Fengzhuang Avenue, Tianhe District, Guangzhou, CHN
Founded in 2015, XPeng is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets EVs in China. Its products primarily target the growing base of technology-savvy middle-class consumers in the midrange to high-end segment in China's passenger vehicle market. The company sold about 430,000 EVs in 2025, accounting for about 3% of China's passenger new energy vehicle market. It is also a leader in autonomous driving technology.
45GF Score

Get the complete analysis for BKK:XPENG03

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.18
Price
฿4.72
GF Value