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Friday 6 November 2026 Export NIO’s income statement to Excel — free account

NIO Inc.

NIO Consumer Cyclical Auto Manufacturers

NIO Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.5 billion, up 38.9% from fiscal 2024.

Revenue
+78.5%
EPS
+87.5%
Free cash flow
+38.7%
Total debt
+0.71%

Quarter to June 2026, against a year earlier

3.19 0.11 −3.33%
Market cap
$7.6B
P/E
0.0×
Fwd P/E
−25.9×
Dividend yield
—
F-score
6/9
Altman Z
−0.72
Beneish M
−2.59
Dividend safety
20/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

NIO Inc. (NIO) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, NIO Inc. (NIO) trades at a P/B ratio of 13.5×. Over the past ten years it has ranged from 0.0× (September 2020) to 56.7× (November 2020); the current reading is higher than 70% of that period. That is above the Auto Manufacturers industry median of 1.2× and above the Consumer Cyclical sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 19.6× 81.55%
FY2024 10.8× 173.00%
FY2023 3.9× (12.50%)
FY2022 4.5× (50.55%)
FY2021 9.1× (34.06%)
FY2020 13.8× —
FY2019 0.0× —
FY2018 1.1× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 21.3× (15.56%)
Mar 2026 25.3× 29.08%
Dec 2025 19.6× (12.12%)
Sep 2025 22.3× 141.93%
27 more quarters

Against its own ten years

Low 0.0× High 56.7×
Ten-year median 4.2×
Current reading's percentile 65

P/B ratio against peers

Company P/B ratio
LCID Lucid Group, Inc. compare n/m
VFS VinFast Auto Ltd. compare n/m
STLA Stellantis N.V. compare 0.2×
HMC Honda Motor Co., Ltd. compare 0.6×
LI Li Auto Inc. Sponsored ADR compare 1.1×
F Ford Motor Company compare 1.4×
XPEV XPeng Inc. Sponsored ADR compare 2.3×
RIVN Rivian Automotive, Inc. compare 3.4×
NIO NIO Inc. 13.5×
Auto Manufacturers industry median 1.2×
Consumer Cyclical sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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