Required knowledge for NIO (NIO) Investors

By Ken Smith • Wednesday, June 07 10:13 • Permanent Link

We've been asking ourselves recently if the market has placed a fair valuation on NIO. Let's dive into some of the fundamental values of this large-cap Finance company to determine if there might be an opportunity here for value-minded investors.

NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. The company belongs to the Finance sector, which has an average price to earnings (P/E) ratio of 14.34 and an average price to book (P/B) ratio of 1.57. In contrast, NIO has a trailing 12 month P/E ratio of -6.0 and a P/B ratio of 0.55.

NIO has moved -61.3% over the last year compared to 4.1% for the S&P 500 — a difference of -65.0%. NIO has a 52 week high of $24.43 and a 52 week low of $7.0.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.