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Lobo EV Technologies (Lobo EV Technologies) Price-to-Tangible-Book : 6.27 (As of May. 11, 2024)


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What is Lobo EV Technologies Price-to-Tangible-Book?

As of today (2024-05-11), Lobo EV Technologies's share price is $3.01. Lobo EV Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.48. Hence, Lobo EV Technologies's Price to Tangible Book Ratio of today is 6.27.

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

LOBO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.38
Current: 6.27

During the past 4 years, Lobo EV Technologies's highest Price to Tangible Book Ratio was 6.38. The lowest was 0.00. And the median was 0.00.

LOBO's Price-to-Tangible-Book is ranked worse than
89.72% of 1197 companies
in the Vehicles & Parts industry
Industry Median: 1.7 vs LOBO: 6.27

A closely related ratio is called PB Ratio. As of today, Lobo EV Technologies's share price is $3.01. Lobo EV Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.73. Hence, Lobo EV Technologies's P/B Ratio of today is 4.14.

Lobo EV Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Lobo EV Technologies'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.

Lobo EV Technologies Price-to-Tangible-Book Chart

Lobo EV Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - -

Lobo EV Technologies Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial - - - - -

Competitive Comparison of Lobo EV Technologies's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, Lobo EV Technologies'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.

Lobo EV Technologies's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

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

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


Lobo EV Technologies Price-to-Tangible-Book Calculation

Lobo EV Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.01/0.48
=6.27

* 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:

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.

Lobo EV Technologies Price-to-Tangible-Book Related Terms

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

Lobo EV Technologies (Lobo EV Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lobo EV Technologies Ltd (NAS:LOBO) » Definitions » Price-to-Tangible-Book
Comparable Companies
Traded in Other Exchanges
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Address
Website
https://www.loboebike.com
Lobo EV Technologies Ltd is an electric vehicles manufacturer and seller company. It design, develop, manufacture and sell e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provide automobile information and entertainment software development and design services to customers. The company operates in two operating segments: Electric vehicles and accessories sales, and software royalties and development and design services.

Lobo EV Technologies (Lobo EV Technologies) Headlines

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