Advent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems. The company offers high-temperature proton exchange membrane (HT-PEM) fuel cells, HT-PEM based membrane electrode assemblies, membranes, and electrodes. It serves stationary and portable power, automotive, aviation, energy storage, and sensor markets. The company is headquartered in Boston, Massachusetts.
P/B ratio for Advent Technologies Holdings, Inc. (ADN)
P/B ratio as of 2023: 0.95
According to Advent Technologies Holdings, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.95. At the end of 2022 the company had a P/B ratio of 43.62.
P/B ratio history for Advent Technologies Holdings, Inc. from 2018 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.95 |
| 2022 | 43.62 |
| 2021 | 2.47 |
| 2020 | 728.74 |
| 2019 | 1245.91 |
| 2018 | 9.09 |