Hesai (HSAI) Price to Book (2023 - 2026)
Hesai's (HSAI) Price to Book came in at 2.31 for the quarter ended Mar 31, 2026, down 28.9% from 3.24 a year earlier and down 16.7% from the prior quarter.
Hesai (HSAI) Price to Book (2023 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Hesai's Price to Book stood at 2.73, down 17.6% from the prior year.
- In prior years, Hesai's Price to Book was 3.31 in the year ended Dec 31, 2024 (+62.2%) and 2.04 in the year ended Dec 31, 2023.
- The figure for the quarter ended Mar 31, 2026 stands as the lowest quarterly Price to Book since the quarter ended Sep 30, 2024.
- On a year-over-year basis, Price to Book increased in four of the last eight quarters, with growth averaging 76.3%.
- The strongest year-over-year quarter for Price to Book in the past five years was the quarter ended Jun 30, 2025, with growth of 363.1%; the weakest was the quarter ended Mar 31, 2024, with a decline of 60.4%.
- According to Business Quant data, Price to Book for the three prior quarters was 2.77 (quarter ended Dec 31, 2025), 2.92 (quarter ended Sep 30, 2025) and 4.66 (quarter ended Jun 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,825.63 Bn | 4,573.12 Bn | 54.77 Bn |
| 2 | Cisco Systems | 429.17 Bn | 365.10 Bn | 11.06 Bn |
| 3 | Dell Technologies | 346.69 Bn | 302.44 Bn | 9.83 Bn |
| 4 | Sandisk | 261.00 Bn | 249.52 Bn | 7.58 Bn |
| 5 | Arista Networks | 257.88 Bn | 211.33 Bn | 1.91 Bn |
| 6 | Seagate Technology Holdings | 214.45 Bn | 209.44 Bn | 1.90 Bn |
| 7 | Western Digital | 166.98 Bn | 155.11 Bn | 2.03 Bn |
| 8 | Sony | 144.46 Bn | 94.85 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 92.66 Bn | 84.47 Bn | 477.30 Mn |
| 10 | Hesai | 2.49 Bn | -1.01 Bn | 50.88 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.31 |
| Dec 31, 2025 | 2.77 |
| Sep 30, 2025 | 2.92 |
| Jun 30, 2025 | 4.66 |
| Mar 31, 2025 | 3.24 |
| Dec 31, 2024 | 3.26 |
| Sep 30, 2024 | 1.10 |
| Jun 30, 2024 | 1.01 |
| Mar 31, 2024 | 1.20 |
| Dec 31, 2023 | 2.07 |
| Sep 30, 2023 | 2.13 |
| Jun 30, 2023 | 2.17 |
| Mar 31, 2023 | 3.03 |
Hesai Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=HSAI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "HSAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();