Xos (XOS) Price-to-Tangible-Book: 1.60 (As of Sep. 21, 2026)

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XOS Xos Inc XOS
72 GF Score
Price $2.59
GF Value $1.69
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Xos Price-to-Tangible-Book?

Xos XOS 72 Price-to-Tangible-Book is 1.60 as of Sep. 21, 2026. GuruFocus rates XOS with a GF Score™ of 72/100 and a GF Value™ of $1.69 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 202 Farm & Heavy Construction Machinery companies, Xos ranks better than 56.93% on this metric.

As of today (2026-09-21), Xos's share price is $2.59. Xos's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $1.62. Hence, Xos's Price to Tangible Book Ratio of today is 1.60.

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

XOS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.55   Med: 1.02   Max: 4.66
Current: 1.6

During the past 6 years, Xos's highest Price to Tangible Book Ratio was 4.66. The lowest was 0.55. And the median was 1.02.

XOS's Price-to-Tangible-Book is ranked better than
56.93% of 202 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.82 vs XOS: 1.60

A closely related ratio is called PB Ratio. As of today, Xos's share price is $2.59. Xos's Book Value per Sharefor the quarter that ended in Jun. 2026 was $1.62. Hence, Xos's P/B Ratio of today is 1.60.


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.


Xos Price-to-Tangible-Book Related Terms


Xos Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Xos'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.

Xos Price-to-Tangible-Book Chart

Xos Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial 2.95 0.67 1.05 0.78 0.89

Xos Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 1.38 0.98 0.89 0.99 1.87

XOS vs HCAI, SCAG, ARTW: Price-to-Tangible-Book Comparison

For the Farm & Heavy Construction Machinery subindustry, Xos'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.


Xos Price-to-Tangible-Book vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Xos's Price-to-Tangible-Book distribution charts can be found below:

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


XOS
72GF Score
Xos Inc XOS
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xos Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=2.59/1.616
=1.60

* 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 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.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 1.60 mean?
Xos (XOS) has a Price-to-Tangible-Book of 1.60 as of Sep. 21, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Xos and its competitors. According to the industry distribution chart, Xos ranks #87 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 43.1%.
Is Xos' Price-to-Tangible-Book too high?
Xos' current Price-to-Tangible-Book is 1.60. The Farm & Heavy Construction Machinery industry median Price-to-Tangible-Book is 1.82. Xos' value of 1.60 is 12.1% below this industry median. Based on the distribution chart, Xos ranks #87 out of 202 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Xos has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xos' Price-to-Tangible-Book compare to HCAI and SCAG?
According to the Farm & Heavy Construction Machinery industry distribution chart, Xos ranks #87 out of 202 companies for Price-to-Tangible-Book. This puts Xos in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.82. Xos' value of 1.60 is 12.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Farm & Heavy Construction Machinery company?
The median Price-to-Tangible-Book among Farm & Heavy Construction Machinery companies is 1.82, based on 202 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Xos's current Price-to-Tangible-Book of 1.60 is 12.1% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Xos and its competitors. For the Farm & Heavy Construction Machinery industry, the median Price-to-Tangible-Book is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xos's current Price-to-Tangible-Book is 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xos stock overvalued right now?
Based on GuruFocus' analysis, Xos (XOS) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.69, compared to a current price of $2.59 — trading 53.3% above its estimated fair value. The current Price-to-Tangible-Book is 1.60 and 12.1% below the Farm & Heavy Construction Machinery industry median of 1.82. Xos' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Xos (XOS), the current Price-to-Tangible-Book is 1.60 as of Sep. 21, 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 Xos (XOS) Overvalued in 2026?

Based on GuruFocus' analysis, Xos stock appears to be overvalued. The current stock price of $2.59 is trading 53.3% above its estimated GF Value™ of $1.69. GuruFocus considers Xos to be Significantly Overvalued.

Key valuation signals for XOS:

  • Price-to-Tangible-Book: 1.60
  • GF Value™: $1.69 vs. price of $2.59 (53.3% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 12.1% below the Farm & Heavy Construction Machinery median (#87 of 202)

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


Xos Business Description

Other Exchanges 9KR0:Germany
Address 3550 Tyburn Street, Unit 100, Los Angeles, CA, USA, 90065
Xos Inc is a fleet electrification solutions provider committed to the decarbonization of commercial transportation. Xos designs and manufactures Class 5 through 8 battery-electric commercial vehicles that travel on last-mile, back-to-base routes of up to 200 miles per day. Xos also offers charging infrastructure products and services through Xos Energy Solutions to support electric vehicle fleets. Its products include Stepvan, MDXT, HDXT, Xosphere, and Xos Energy Solutions.
72GF Score

Get the complete analysis for XOS

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.59
Price
$1.69
GF Value