LiveWire Group (FRA:P9N) PB Ratio: 7.13 (As of Jun. 26, 2026) — 17% Below Median


FRA:P9N LiveWire Group Inc FRA:P9N
45 GF Score
Price €0.86
GF Value €3.77
Valuation Possible Value Trap
! 4 Warning Signs
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What is LiveWire Group PB Ratio?

LiveWire Group FRA:P9N -1.16% 45 PB Ratio is 7.13 as of Jun. 26, 2026, which is 17% below its 10-year median of 8.60. GuruFocus rates FRA:P9N with a GF Score™ of 45/100 and a GF Value™ of €3.77 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,295 Vehicles & Parts companies, LiveWire Group ranks worse than 93.44% 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 (2026-06-26), LiveWire Group's share price is €0.855. LiveWire Group's Book Value per Share for the quarter that ended in Mar. 2026 was €0.12. Hence, LiveWire Group's PB Ratio of today is 7.13.

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

FRA:P9N' s PB Ratio Range Over the Past 10 Years
Min: 2.1   Med: 8.6   Max: 45
Current: 7.32

During the past 6 years, LiveWire Group's highest PB Ratio was 45.00. The lowest was 2.10. And the median was 8.60.

FRA:P9N's PB Ratio is ranked worse than
93.44% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 1.39 vs FRA:P9N: 7.32

During the past 12 months, LiveWire Group's average Book Value Per Share Growth Rate was -71.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -47.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 79.30% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of LiveWire Group was 366.30% per year. The lowest was -47.10% per year. And the median was 79.40% per year.

Back to Basics: PB Ratio


LiveWire Group  (FRA:P9N) 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.


LiveWire Group PB Ratio Related Terms


LiveWire Group PB Ratio Historical Data

* Premium members only.

The historical data trend for LiveWire 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.

LiveWire Group PB Ratio Chart

LiveWire Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 2.99 10.86 3.74 20.00

LiveWire Group 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 4.16 11.03 11.32 20.00 10.58

FRA:P9N vs NIU, EMPD, FFAI: PB Ratio Comparison

For the Auto Manufacturers subindustry, LiveWire 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.


LiveWire Group PB Ratio vs Vehicles & Parts Industry

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

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


FRA:P9N
45GF Score
LiveWire Group Inc FRA:P9N
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LiveWire 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.855/0.12
=7.13

* 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 7.13 mean?
LiveWire Group (FRA:P9N) has a PB Ratio of 7.13 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on LiveWire Group and its competitors. This is 17% below median its historical median of 8.60. Over the past decade, LiveWire Group's PB Ratio has ranged from 2.10 to 45.00. According to the industry distribution chart, LiveWire Group ranks #1210 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 93.4%.
Is LiveWire Group's PB Ratio too high?
LiveWire Group's current PB Ratio of 7.13 is 17% below median its 10-year median of 8.60. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 45.00. The Vehicles & Parts industry median PB Ratio is 1.39. LiveWire Group's value of 7.13 is 412.9% above this industry median. Based on the distribution chart, LiveWire Group ranks #1210 out of 1295 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, LiveWire Group 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 LiveWire Group's PB Ratio compare to NIU and EMPD?
According to the Vehicles & Parts industry distribution chart, LiveWire Group ranks #1210 out of 1295 companies for PB Ratio. This places LiveWire Group in the lower half of its industry. The industry median PB Ratio is 1.39. LiveWire Group's value of 7.13 is 412.9% above this benchmark. Historically, LiveWire Group's own PB Ratio has ranged from 2.10 to 45.00 over the past decade. While the company's 10-year median is 8.60 vs. the industry median of 1.39, LiveWire Group has consistently been above 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 1.39, 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. LiveWire Group's current PB Ratio of 7.13 is 412.9% above 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 LiveWire Group and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LiveWire Group's current PB Ratio is 7.13, which is 17% below median its own 10-year median of 8.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LiveWire Group stock overvalued right now?
Based on GuruFocus' analysis, LiveWire Group (FRA:P9N) is currently considered Possible Value Trap. The stock's GF Value™ is €3.77, compared to a current price of €0.86 — trading 77.3% below its estimated fair value. The current PB Ratio is 7.13, which is 17% below median its 10-year median of 8.60 and 412.9% above the Vehicles & Parts industry median of 1.39. LiveWire Group's overall GF Score™ is 45/100 with 4 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 LiveWire Group (FRA:P9N), the current PB Ratio is 7.13 as of Jun. 26, 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 LiveWire Group (FRA:P9N) Overvalued in 2026?

Based on GuruFocus' analysis, LiveWire Group stock appears to be undervalued. The current stock price of €0.86 is trading 77.3% below its estimated GF Value™ of €3.77. GuruFocus considers LiveWire Group to be Possible Value Trap.

Key valuation signals for FRA:P9N:

  • PB Ratio: 7.13 (17% below median its 10-year median of 8.60)
  • GF Value™: €3.77 vs. price of €0.86 (77.3% below fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 412.9% above the Vehicles & Parts median (#1210 of 1295)

No single metric tells the full story. See the FRA:P9N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LiveWire Group Business Description

Other Exchanges LVWR:USA
Address 3700 West Juneau Avenue, Milwaukee, WI, USA, 53208
LiveWire Group Inc is an all-electric vehicle company. It sells electric vehicles and related parts and accessories and apparel in the United States and certain international markets. The company's segment includes Electric Motorcycles and STACYC. Electric Motorcycles segment sells electric motorcycles, related parts and accessories and apparel in the United States and certain international markets; STACYC segment sells electric balance bikes for kids, related parts and accessories and apparel in the United States and certain international markets. LiveWire generates revenue from the sale of electric motorcycles, Parts, accessories and apparel. Majority of revenue is from USA.
45GF Score

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

€0.86
Price
€3.77
GF Value