Microvast Holdings (MVST) Price to Book (2019 - 2026)
Microvast Holdings' (MVST) Price to Book stood at 0.52 in Q3 2026, down 85.0% from 3.48 a year earlier and down 37.2% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Price to Book (2019 - 2026) Analysis & Trends
For FY2025, Microvast Holdings' Price to Book came in at 2.26, up 31.2% from FY2024.
- Annual Price to Book has increased for three straight years.
- Across earlier years, Price to Book came in at 1.72 in FY2024 (+120.6%), 0.78 in FY2023 (+1.8%), 0.77 in FY2022 (-49.9%) and 1.53 in FY2021.
- The Q3 2026 figure is the lowest quarterly Price to Book since Q3 2024.
- On a year-over-year basis, Price to Book rose in five of the last seven quarters, with growth averaging 146.6%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 934.2% in Q2 2025, against a decline of 85.0% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.83 (Q2 2026), 1.07 (Q1 2026) and 2.26 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.52 |
| Jun 30, 2026 | 0.83 |
| Mar 31, 2026 | 1.07 |
| Dec 31, 2025 | 2.26 |
| Sep 30, 2025 | 3.48 |
| Jun 30, 2025 | 3.30 |
| Mar 31, 2025 | 0.83 |
| Dec 31, 2024 | 1.72 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.49 |
| Dec 31, 2023 | 0.78 |
| Sep 30, 2023 | 1.05 |
| Jun 30, 2023 | 0.85 |
| Mar 31, 2023 | 0.63 |
| Dec 31, 2022 | 0.77 |
| Sep 30, 2022 | 0.90 |
| Jun 30, 2022 | 1.02 |
| Mar 31, 2022 | 3.05 |
| Dec 31, 2021 | 1.53 |
API Access
Microvast Holdings 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=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "MVST", "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=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();