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LCID (Lucid Group) PB Ratio : 2.25 (As of Dec. 15, 2024)


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What is Lucid 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 (2024-12-15), Lucid Group's share price is $2.58. Lucid Group's Book Value per Share for the quarter that ended in Sep. 2024 was $1.15. Hence, Lucid Group's PB Ratio of today is 2.25.

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

LCID' s PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 3.32   Max: 18.71
Current: 2.25

During the past 5 years, Lucid Group's highest PB Ratio was 18.71. The lowest was 1.26. And the median was 3.32.

LCID's PB Ratio is ranked worse than
63.45% of 1275 companies
in the Vehicles & Parts industry
Industry Median: 1.45 vs LCID: 2.25

During the past 12 months, Lucid Group's average Book Value Per Share Growth Rate was -51.40% per year.

Back to Basics: PB Ratio


Lucid Group PB Ratio Historical Data

The historical data trend for Lucid 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.

Lucid Group PB Ratio Chart

Lucid Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 16.03 2.87 2.00

Lucid Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.37 2.00 1.76 1.72 3.07

Competitive Comparison of Lucid Group's PB Ratio

For the Auto Manufacturers subindustry, Lucid 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.


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

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

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



Lucid 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=2.58/1.148
=2.25

* 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.


Lucid Group  (NAS:LCID) 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.


Lucid Group PB Ratio Related Terms

Thank you for viewing the detailed overview of Lucid Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lucid Group Business Description

Traded in Other Exchanges
Address
7373 Gateway Boulevard, Newark, CA, USA, 94560
Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.
Executives
Investment Fund Public director, 10 percent owner THE PUBLIC INVESTMENT FUND TOWER,, KING ABDULLAH FINANCIAL DISTRICT (KAFD), AL AQIQ DISTRICT, RIYADH T0 13519
Eric Bach officer: SVP, Product & Chief Engineer 7373 GATEWAY BLVD,, NEWARK CA 94560
Michael Bell officer: Senior Vice President, Digital C/O SILVER SPRING NETWORKS, INC., 555 BROADWAY STREET, REDWOOD CITY CA 94063
Ayar Third Investment Co director, 10 percent owner C/O THE PUBLIC INVESTMENT FUND, P.O. BOX 6847, RIYADH T0 11452
Sherry Ann House officer: Chief Financial Officer 7373 GATEWAY BLVD,, NEWARK CA 94560
Peter Dore Rawlinson director, officer: CEO & Chief Technology Officer 7373 GATEWAY BLVD, NEWARK CA 94560
Gagan Dhingra officer: VP of Acctng & Internal Ctrl 50 HAWTHORNE ST, SAN FRANCISCO CA 94105
Chabi Nouri director C/O LUCID GROUP, INC., 7373 GATEWAY BLVD., NEWARK CA 94560
Sherif Marakby director 6061 FAIRBORN DR, CANTON MI 48187
Ori Winitzer director C/O LUCID GROUP, INC., 7373 GATEWAY BLVD., NEWARK CA 94560
Glenn R August director C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Turqi A. Alnowaiser director, 10 percent owner C/O THE PUBLIC INVESTMENT FUND, P.O. BOX 6847, RIYADH T0 11452
Anthony L Posawatz director 8071 PINE FOREST CT, DAVISBURY MI 48350
Nichelle Maynard-elliott director PLATFORM SPECIALTY PRODUCTS CORPORATION, 383 MAIN AVENUE, NORWALK CT 06851
Janet S. Wong director 2510 LAKE FRONT CIRCLE, THE WOODLANDS TX 77380-1576