Price to Book Value (P/BV)
since 2010
Calculation
Tesla Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 29, 2024 | 9.71 | = | 190.93 | ÷ | 19.67 | 19.67 | = | 62,634 | ÷ | 3,184,790,415 | |
| Jan 31, 2023 | 12.26 | = | 173.22 | ÷ | 14.13 | 14.13 | = | 44,704 | ÷ | 3,164,102,701 | |
| Feb 7, 2022 | 31.06 | = | 302.45 | ÷ | 9.74 | 9.74 | = | 30,189 | ÷ | 3,100,522,833 | |
| Feb 8, 2021 | 37.29 | = | 287.81 | ÷ | 7.72 | 7.72 | = | 22,225 | ÷ | 2,879,560,512 | |
| Feb 13, 2020 | 22.03 | = | 53.60 | ÷ | 2.43 | 2.43 | = | 6,618 | ÷ | 2,720,123,790 | |
| Feb 19, 2019 | 10.72 | = | 20.38 | ÷ | 1.90 | 1.90 | = | 4,923 | ÷ | 2,590,822,305 | |
| Feb 23, 2018 | 14.03 | = | 23.47 | ÷ | 1.67 | 1.67 | = | 4,237 | ÷ | 2,533,799,115 | |
| Mar 1, 2017 | 8.51 | = | 16.67 | ÷ | 1.96 | 1.96 | = | 4,753 | ÷ | 2,425,056,420 | |
| Feb 24, 2016 | 21.70 | = | 11.93 | ÷ | 0.55 | 0.55 | = | 1,089 | ÷ | 1,980,845,070 | |
| Feb 26, 2015 | 28.57 | = | 13.81 | ÷ | 0.48 | 0.48 | = | 912 | ÷ | 1,886,442,525 | |
| Feb 26, 2014 | 46.73 | = | 16.87 | ÷ | 0.36 | 0.36 | = | 667 | ÷ | 1,847,879,070 | |
| Mar 7, 2013 | 35.13 | = | 2.55 | ÷ | 0.07 | 0.07 | = | 125 | ÷ | 1,717,769,595 | |
| Feb 27, 2012 | 15.69 | = | 2.24 | ÷ | 0.14 | 0.14 | = | 224 | ÷ | 1,569,060,660 | |
| Mar 3, 2011 | 11.19 | = | 1.62 | ÷ | 0.14 | 0.14 | = | 207 | ÷ | 1,430,030,565 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Tesla Inc. Annual Report.
Comparison to Competitors
Tesla Inc., P/BV, long-term trends, comparison to competitors
| Tesla Inc. | Ford Motor Co. | General Motors Co. | |
|---|---|---|---|
| Jan 29, 2024 | 9.71 | 1.19 | 0.69 |
| Jan 31, 2023 | 12.26 | 1.22 | 0.81 |
| Feb 7, 2022 | 31.06 | 1.48 | 1.30 |
| Feb 8, 2021 | 37.29 | 1.49 | 1.76 |
| Feb 13, 2020 | 22.03 | 0.99 | 1.20 |
| Feb 19, 2019 | 10.72 | 0.96 | 1.45 |
| Feb 23, 2018 | 14.03 | 1.19 | 1.68 |
| Mar 1, 2017 | 8.51 | 1.69 | 1.20 |
| Feb 24, 2016 | 21.70 | 1.55 | 1.12 |
| Feb 26, 2015 | 28.57 | 2.60 | 1.63 |
| Feb 26, 2014 | 46.73 | 2.30 | 1.31 |
| Mar 7, 2013 | 35.13 | 3.19 | 1.05 |
| Feb 27, 2012 | 15.69 | 3.17 | 1.09 |
| Mar 3, 2011 | 11.19 | — | 1.42 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Sector (Automobiles & Components)
Tesla Inc., P/BV, long-term trends, comparison to sector (automobiles & components)
| Tesla Inc. | Automobiles & Components | |
|---|---|---|
| Jan 29, 2024 | 9.71 | 4.14 |
| Jan 31, 2023 | 12.26 | 4.21 |
| Feb 7, 2022 | 31.06 | 7.85 |
| Feb 8, 2021 | 37.29 | 9.74 |
| Feb 13, 2020 | 22.03 | 2.80 |
| Feb 19, 2019 | 10.72 | 1.80 |
| Feb 23, 2018 | 14.03 | 2.15 |
| Mar 1, 2017 | 8.51 | 1.83 |
| Feb 24, 2016 | 21.70 | 1.62 |
| Feb 26, 2015 | 28.57 | 2.42 |
| Feb 26, 2014 | 46.73 | 2.12 |
| Mar 7, 2013 | 35.13 | 1.78 |
| Feb 27, 2012 | 15.69 | 1.73 |
| Mar 3, 2011 | 11.19 | 3.10 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Industry (Consumer Discretionary)
Tesla Inc., P/BV, long-term trends, comparison to industry (consumer discretionary)
| Tesla Inc. | Consumer Discretionary | |
|---|---|---|
| Jan 29, 2024 | 9.71 | 10.11 |
| Jan 31, 2023 | 12.26 | 9.55 |
| Feb 7, 2022 | 31.06 | 13.30 |
| Feb 8, 2021 | 37.29 | 18.17 |
| Feb 13, 2020 | 22.03 | 13.59 |
| Feb 19, 2019 | 10.72 | 11.35 |
| Feb 23, 2018 | 14.03 | 10.74 |
| Mar 1, 2017 | 8.51 | 8.39 |
| Feb 24, 2016 | 21.70 | 7.17 |
| Feb 26, 2015 | 28.57 | 5.83 |
| Feb 26, 2014 | 46.73 | 5.12 |
| Mar 7, 2013 | 35.13 | 4.39 |
| Feb 27, 2012 | 15.69 | 3.84 |
| Mar 3, 2011 | 11.19 | 4.04 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).