Tesla price to book ratio TSLA

Market value divided by the book value of the company's net assets, since 2011.

Today, Oct 23, 2026: 16.5×
10-year median: 14.1×
Against its 10-year history: 61st; percentile: 0 is its lowest day, 100 its highest
10-year range: 6.6× to 52.0×
Peer median: 15.0×

Tesla's price to book ratio is 16.5× as of Oct 23, 2026.

That is above its ten-year median of 14.1×, close to the middle of its last ten years.

Over that time it ranged from 6.6× in Aug 2019 to 52.0× in Jan 2021.

The median for 4 consumer cyclical stocks of a similar size is 15.0×.

Price to book ratio over time

median 14.1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	16.5×	14.2×	19.7×
2025	19.8×	10.6×	20.0×
2024	19.8×	7.5×	20.0×
2023	14.8×	9.0×	18.6×
2022	9.8×	9.8×	39.0×
2021	39.2×	24.3×	52.0×
2020	41.7×	11.7×	41.9×
2019	12.8×	6.6×	13.2×
2018	12.7×	10.6×	15.5×
2017	11.1×	8.1×	15.2×
2016	12.0×	10.1×	32.4×
2015	23.9×	20.6×	46.3×
2014	29.8×	26.1×	45.5×
2013	32.8×	26.4×	94.6×
2012	49.1×	8.1×	51.6×
2011	10.1×	6.7×	11.8×

Against its peers

Companies in Consumer Cyclical nearest Tesla's size, closest first, today.

Company	Price to book ratio
TSLATesla	16.5×
AMZNAmazon.com	4.8×
HDHome Depot	19.2×
MCDMcDonald's	n/m
TJXTJX Companies	15.0×
Peer median	15.0×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Tesla

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.