MP Materials Corp.
MP
$-0.34
Change (1 day)
$24.01
Year High
$10.02
Year Low
Categories
MP Materials Corp. owns and operates rare earth mining and processing facilities. It owns and operates the Mountain Pass Rare Earth mine located in the Western Hemisphere. The company holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. It offers cerium, lanthanum, neodymium, praseodymium, and samarium. The company was founded in 2017 and is headquartered in Las Vegas, Nevada.
P/B ratio for MP Materials Corp. (MP)
P/B ratio as of 2023: 2.58
According to MP Materials Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.58. At the end of 2022 the company had a P/B ratio of 3.27.
P/B ratio history for MP Materials Corp. from 2018 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.58 |
| 2022 | 3.27 |
| 2021 | 7.81 |
| 2020 | 3.00 |
| 2019 | -36.93 |
| 2018 | -59.07 |