Microvast HoldingsMVST +1.80%72 PB Ratio is 0.81 as of Jun. 29, 2026, which is 29% below its 10-year median of 1.14. GuruFocus rates MVST with a GF Score™ of 72/100 and a GF Value™ of $1.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,295 Vehicles & Parts companies, Microvast Holdings ranks better than 69.96% on this metric.
Microvast Holdings Inc stock PB Ratio (=0.79) is close to 1-year low of 0.79.
The historical rank and industry rank for Microvast Holdings's PB Ratio or its related term are showing as below:
MVST'
s PB Ratio Range Over the Past 10 Years
Min: 0.11 Med: 1.14 Max: 5.27
Current: 0.81
During the past 7 years, Microvast Holdings's highest PB Ratio was 5.27. The lowest was 0.11. And the median was 1.14.
MVST's PB Ratio is ranked better than 69.96% of 1295
companies
in the Vehicles & Parts industry
Industry Median: 1.37
vs MVST: 0.81
During the past 12 months, Microvast Holdings's average Book Value Per Share Growth Rate was -0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -14.70% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Microvast Holdings was -14.70% per year. The lowest was -19.50% per year. And the median was -17.10% per year.
Back to Basics: PB Ratio
Microvast Holdings (NAS:MVST) PB Ratio Explanation
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.
Microvast Holdings PB Ratio Related Terms
Microvast Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Microvast Holdings'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.
For the Auto Parts subindustry, Microvast Holdings'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.
Microvast Holdings PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Microvast Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Microvast Holdings's PB Ratio falls into.
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.
* 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.
Microvast Holdings (MVST) has a PB Ratio of 0.81 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Microvast Holdings and its competitors. This is 29% below median its historical median of 1.14. Over the past decade, Microvast Holdings' PB Ratio has ranged from 0.11 to 5.27. According to the industry distribution chart, Microvast Holdings ranks #389 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 30%.
Is Microvast Holdings' PB Ratio too high?
Microvast Holdings' current PB Ratio of 0.81 is 29% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 5.27. The Vehicles & Parts industry median PB Ratio is 1.37. Microvast Holdings' value of 0.81 is 40.9% below this industry median. Based on the distribution chart, Microvast Holdings ranks #389 out of 1295 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Microvast Holdings has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microvast Holdings' PB Ratio compare to STRT and SES?
According to the Vehicles & Parts industry distribution chart, Microvast Holdings ranks #389 out of 1295 companies for PB Ratio. This puts Microvast Holdings in the upper half of its industry. The industry median PB Ratio is 1.37. Microvast Holdings' value of 0.81 is 40.9% below this benchmark. Historically, Microvast Holdings' own PB Ratio has ranged from 0.11 to 5.27 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.37, Microvast Holdings 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 1.37, based on 1,295 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. Microvast Holdings's current PB Ratio of 0.81 is 40.9% 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 Microvast Holdings and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microvast Holdings's current PB Ratio is 0.81, which is 29% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microvast Holdings stock overvalued right now?
Based on GuruFocus' analysis, Microvast Holdings (MVST) is currently considered Possible Value Trap. The stock's GF Value™ is $1.84, compared to a current price of $1.13 — trading 38.6% below its estimated fair value. The current PB Ratio is 0.81, which is 29% below median its 10-year median of 1.14 and 40.9% below the Vehicles & Parts industry median of 1.37. Microvast Holdings' overall GF Score™ is 72/100 with 5 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 Microvast Holdings (MVST), the current PB Ratio is 0.81 as of Jun. 29, 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 Microvast Holdings (MVST) Overvalued in 2026?
Based on GuruFocus' analysis, Microvast Holdings stock appears to be undervalued.
The current stock price of $1.13 is trading 38.6% below its estimated GF Value™ of $1.84.
GuruFocus considers Microvast Holdings to be Possible Value Trap.
Key valuation signals for MVST:
PB Ratio: 0.81 (29% below median its 10-year median of 1.14)
GF Value™: $1.84 vs. price of $1.13 (38.6% below fair value)
Industry Position: 40.9% below the Vehicles & Parts median (#389 of 1295)
No single metric tells the full story. See the MVST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microvast Holdings Inc develops lithium-ion battery technologies focused on high-performance solutions for commercial and industrial electrification. The Company designs, develops, and manufactures battery components and systems for electric commercial vehicles and energy storage systems (ESS), with applications across buses, trucks, port equipment, and mining machinery. It emphasizes innovation in battery design without relying on legacy technologies and supports platforms such as the IVECO eDaily and various bus models. The Company also provides services, repairs, and warranty and extended warranty support. It operates as a single reportable segment, covering design, development, manufacturing, sales, and leasing of battery systems, and generates the majority of its revenue from Europe.
72GF Score
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