Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People's Republic of China. The company provides Li ONE, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities. It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, China.
P/B ratio for Li Auto Inc. (LI)
P/B ratio as of 2023: 4.66
According to Li Auto Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.66. At the end of 2022 the company had a P/B ratio of 3.04.
P/B ratio history for Li Auto Inc. from 2018 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 4.66 |
| 2022 | 3.04 |
| 2021 | 4.60 |
| 2020 | 2.75 |
| 2019 | 16.64 |
| 2018 | -42.75 |