EV Technology Group (EV Technology Group) PB Ratio : (As of May. 27, 2024)

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What is EV Technology Group PB Ratio?

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 (2024-05-27), EV Technology Group's share price is $0.0041. EV Technology Group's Book Value per Share for the quarter that ended in Sep. 2023 was $-0.01. Hence, EV Technology Group's PB Ratio of today is .

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

During the past 2 years, EV Technology Group's highest PB Ratio was 2.47. The lowest was 0.00. And the median was 0.00.

EVTGF's PB Ratio is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 1.44
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, EV Technology Group's average Book Value Per Share Growth Rate was -109.10% per year.

Back to Basics: PB Ratio

EV Technology Group PB Ratio Historical Data

The historical data trend for EV Technology Group'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.

* Premium members only.

EV Technology Group PB Ratio Chart

EV Technology Group Annual Data

Trend

Dec21

Dec22

PB Ratio

1.52

EV Technology Group Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
PB Ratio	Get a 7-Day Free Trial			6.43	1.52	0.89	0.53	-

Competitive Comparison of EV Technology Group's PB Ratio

For the Auto Manufacturers subindustry, EV Technology Group'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.

EV Technology Group's PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where EV Technology Group's PB Ratio falls into.

EV Technology Group 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.

EV Technology Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.0041	/	-0.01
	=

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

EV Technology Group (OTCPK:EVTGF) 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.

EV Technology Group PB Ratio Related Terms

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EV Technology Group (EV Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » EV Technology Group Ltd (OTCPK:EVTGF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

B96A:Germany EVTG:Canada

Address

198 Davenport Road, Toronto, ON, CAN, M5R 1J2

Website

https://www.evtgroup.com

EV Technology Group Ltd owns and operates iconic and luxury motoring brands and helps them 'go electric. It acquires iconic brands and invests in making the transition to electric. It is in the business of developing and commercializing electric vehicle technologies that have growth potential in distinctive, niche, and underserved markets. The Company has adopted a direct-to-consumer (D2C) distribution model to deliver a premium unified brand experience through flagship locations, online experiences, and marketing activations. The Company operates in Canada, UK and France.