Lucid Group (MEX:LCID) PB Ratio: (As of Jun. 26, 2026)


MEX:LCID Lucid Group Inc MEX:LCID
41 GF Score
Price MXN89.94
GF Value MXN759.00
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

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 (2026-06-26), Lucid Group's share price is MXN89.94. Lucid Group's Book Value per Share for the quarter that ended in Mar. 2026 was MXN-19.19. Hence, Lucid Group's PB Ratio of today is .

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

During the past 7 years, Lucid Group's highest PB Ratio was 18.71. The lowest was 1.26. And the median was 2.80.

MEX:LCID's PB Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.39
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Lucid Group's average Book Value Per Share Growth Rate was -110.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -54.80% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Lucid Group was -18.60% per year. The lowest was -54.80% per year. And the median was -36.70% per year.

Back to Basics: PB Ratio


Lucid Group  (MEX: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


Lucid Group PB Ratio Historical Data

* Premium members only.

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.

Lucid Group PB Ratio Chart

Lucid Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 15.95 3.03 2.04 2.42 4.79

Lucid 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 2.27 2.78 4.27 4.79 0.00

MEX:LCID vs PSNY, CYD, LOT: PB Ratio Comparison

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 PB Ratio vs 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.


MEX:LCID
41GF Score
Lucid Group Inc MEX:LCID
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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: Mar. 2026)
=89.94/-19.192
=

* 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.

Is Lucid Group (MEX:LCID) Overvalued in 2026?

Based on GuruFocus' analysis, Lucid Group stock appears to be undervalued. The current stock price of MXN89.94 is trading 88.2% below its estimated GF Value™ of MXN759.00. GuruFocus considers Lucid Group to be Possible Value Trap.

Key valuation signals for MEX:LCID:

  • PB Ratio:
  • GF Value™: MXN759.00 vs. price of MXN89.94 (88.2% below fair value)
  • GF Score™: 41/100 with 7 warning signs

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


Lucid Group Business Description

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 offers its own geographically distributed retail and service locations through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design, which led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. Its geographic segments include North America, the Middle East, and Other International.
41GF Score

Get the complete analysis for MEX:LCID

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

MXN89.94
Price
MXN759.00
GF Value