NIO Price/Book Ratio 2019-2024 | NIO
- NIO average price/book ratio for 2024 was 10.98, a 68.15% decline from 2023.
- NIO average price/book ratio for 2023 was 6.53, a 40.73% increase from 2022.
- NIO average price/book ratio for 2022 was 4.64, a 61.75% increase from 2021.
Price/book ratio can be defined as