REE Automotive (REE Automotive) PB Ratio

: 0.44 (As of Today)

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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 (2024-04-23), REE Automotive's share price is $4.0629. REE Automotive's Book Value per Share for the quarter that ended in Dec. 2023 was $9.24. Hence, REE Automotive's PB Ratio of today is 0.44.

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

REE' s PB Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.61 Max: 85.84
Current: 0.42

During the past 5 years, REE Automotive's highest PB Ratio was 85.84. The lowest was 0.14. And the median was 0.61.

REE's PB Ratio is ranked better than
90.97% of 1252 companies
in the Vehicles & Parts industry
Industry Median: 1.42 vs REE: 0.42

During the past 12 months, REE Automotive's average Book Value Per Share Growth Rate was -57.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.60% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of REE Automotive was 15.60% per year. The lowest was 15.60% per year. And the median was 15.60% per year.

Back to Basics: PB Ratio

REE Automotive PB Ratio Historical Data

The historical data trend for REE Automotive'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.

REE Automotive Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

5.19

0.54

0.56

REE Automotive Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial										0.83	0.54	0.73	0.33	0.56

Competitive Comparison

For the Recreational Vehicles subindustry, REE Automotive'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.

REE Automotive PB Ratio Distribution

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

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

REE Automotive 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.

REE Automotive's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	4.0629	/	9.237
	=	0.44

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.

REE Automotive (NAS:REE) 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.

REE Automotive PB Ratio Related Terms

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REE Automotive (REE Automotive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » REE Automotive Ltd (NAS:REE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kibbutz Glil-Yam, Herzliya, ISR, 4690500

Website

https://www.ree.auto

REE Automotive Ltd is a technology company whose mission is to be the cornerstone for zero-emission electric and autonomous vehicles. Company aims to empower the companies, such as original equipment manufacturers, or OEMs, delivery and logistics fleets, dealers, e-commerce retailers, new mobility players, Mobility-as-a-Service providers and autonomous drive companies, in the build-out of any size or shape of electric or autonomous vehicle - from Class 1 through Class 6, focusing primarily on Class 3 through 5 platform models on the P7 EV platform. Geographical preference in Israel, Germany, Norway, U.S, and Rest of the world.

Executives

David Weisburd	other: Member of Sponsor	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas	director	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007