REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.
According to REE Automotive Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.66. At the end of 2022 the company had a P/B ratio of 0.65.
Year | P/B ratio |
---|---|
2023 | 0.66 |
2022 | 0.65 |
2021 | 5.22 |
2020 | 5.67 |
2019 | 0.00 |