NWTN (NWTN) Price-to-Tangible-Book : 1.77 (As of Jun. 19, 2024)

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What is NWTN Price-to-Tangible-Book?

As of today (2024-06-19), NWTN's share price is $1.38. NWTN's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $0.78. Hence, NWTN's Price to Tangible Book Ratio of today is 1.77.

The historical rank and industry rank for NWTN's Price-to-Tangible-Book or its related term are showing as below:

NWTN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.69 Med: 12.32 Max: 13.69
Current: 1.77

During the past 3 years, NWTN's highest Price to Tangible Book Ratio was 13.69. The lowest was 1.69. And the median was 12.32.

NWTN's Price-to-Tangible-Book is ranked worse than
53.6% of 1207 companies
in the Vehicles & Parts industry
Industry Median: 1.63 vs NWTN: 1.77

A closely related ratio is called PB Ratio. As of today, NWTN's share price is $1.38. NWTN's Book Value per Sharefor the quarter that ended in Jun. 2023 was $0.78. Hence, NWTN's P/B Ratio of today is 1.77.

NWTN Price-to-Tangible-Book Historical Data

The historical data trend for NWTN's Price-to-Tangible-Book 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.

NWTN Price-to-Tangible-Book Chart

NWTN Annual Data

Trend

Dec20

Dec21

Dec22

Price-to-Tangible-Book

10.94

NWTN Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	10.94	13.69

Competitive Comparison of NWTN's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, NWTN's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

NWTN's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NWTN's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where NWTN's Price-to-Tangible-Book falls into.

NWTN Price-to-Tangible-Book Calculation

NWTN's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	1.38	/	0.781
	=	1.77

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

NWTN Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of NWTN's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

NWTN (NWTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NWTN Inc (NAS:NWTN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office 114-117, Floor 1, Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, ARE

Website

https://www.nwtnmotors.com

NWTN Inc is a pioneering smart electric vehicle company which aims to integrate avant-garde design, life-style personalization, IoT connectivity, and autonomous driving technology into a passenger-centric green premium mobility solution to the world.