Li Auto (Li Auto) Price-to-Tangible-Book : 2.87 (As of Apr. 26, 2024)

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What is Li Auto Price-to-Tangible-Book?

As of today (2024-04-26), Li Auto's share price is $23.47. Li Auto's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.19. Hence, Li Auto's Price to Tangible Book Ratio of today is 2.87.

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

LI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.84 Med: 4.75 Max: 5.89
Current: 2.87

During the past 6 years, Li Auto's highest Price to Tangible Book Ratio was 5.89. The lowest was 2.84. And the median was 4.75.

LI's Price-to-Tangible-Book is ranked worse than
71.2% of 1198 companies
in the Vehicles & Parts industry
Industry Median: 1.7 vs LI: 2.87

A closely related ratio is called PB Ratio. As of today, Li Auto's share price is $23.47. Li Auto's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.48. Hence, Li Auto's P/B Ratio of today is 2.77.

Li Auto Price-to-Tangible-Book Historical Data

The historical data trend for Li Auto'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.

Li Auto Price-to-Tangible-Book Chart

Li Auto Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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5.89

4.93

3.23

4.57

Li Auto Quarterly Data
	Dec18	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial														3.23	3.71	5.15	4.94	4.57

Competitive Comparison of Li Auto's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, Li Auto'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.

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

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

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

Li Auto Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	23.47	/	8.185
	=	2.87

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.

Li Auto Price-to-Tangible-Book Related Terms

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

Li Auto (Li Auto) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LIA:Mexico 02015:Hong Kong L87:Germany L87A:Germany L87A:Germany

Address

11 Wenliang Street, Shunyi District, Beijing, CHN, 101399

Website

https://www.lixiang.com

Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 133,000 NEVs in 2022, accounting for about 2% of China's passenger new energy vehicle market. Beyond Li One, the company will expand its product line, including both BEVs and PHEVs, to target a broader consumer base.