Not really. It still has a price to book ratio of 9.10, which is still ridiculous for a car company.
For comparison:
Toyota is 1.21
Ford is 1.05
Honda is 0.66
VW is 0.38
Nissan is 0.36
The price-to-book ratio, or P/B ratio, is a financial ratio used to compare a company’s current market value to its book value (where book value is the value of all assets minus liabilities owned by a company).
That probably means it’s a good time to buy the stock tbh
Not really. It still has a price to book ratio of 9.10, which is still ridiculous for a car company.
For comparison:
Toyota is 1.21
Ford is 1.05
Honda is 0.66
VW is 0.38
Nissan is 0.36
I agree, but hype drives up tech stocks. I don’t buy tech stocks at all because it’s just random in this regard
Removed by mod
So do all the other companies. For example, Toyota makes robots.
Doe’s the CEO of Toyota shitpost tho?
I shit post all the time and am not yet a CEO billionaire. You’ve been debunked.
Perhaps you need to be a CEO before the shitposting?
I think it just means it’s over valuation started to end coinciding with the calendar year