Microvast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2.It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port applications, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks in the United States and internationally. The company was incorporated in 2006 and is based in Stafford, Texas.
P/B ratio for Microvast Holdings, Inc. (MVST)
P/B ratio as of 2023: 0.77
According to Microvast Holdings, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.77. At the end of 2022 the company had a P/B ratio of 0.76.
P/B ratio history for Microvast Holdings, Inc. from 2018 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.77 |
| 2022 | 0.76 |
| 2021 | 1.53 |
| 2020 | -4.40 |
| 2019 | 1.25 |
| 2018 | 237.59 |