REE Automotive Ltd.
REE
$-0.28
Change (1 day)
$8.43
Year High
$2.30
Year Low
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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.
P/B ratio for REE Automotive Ltd. (REE)
P/B ratio as of 2023: 0.66
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.
P/B ratio history for REE Automotive Ltd. from 2019 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.66 |
| 2022 | 0.65 |
| 2021 | 5.22 |
| 2020 | 5.67 |
| 2019 | 0.00 |