Nikola (NKLA) - P/S ratio

P/S ratio as of May 2024 (TTM): 20.6

According to Nikola's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 20.5619. At the end of 2023 the company had a P/S ratio of 27.9.

P/S ratio history for Nikola from 2020 to 2023

PS ratio at the end of each year

Year	P/S ratio	Change
2023	27.9	37.17%
2022	20.4
2021	N/A	-100%
2020	> 1000

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
Nikola NKLA	20.6	0.00%	🇺🇸 USA
NIO NIO	1.49	-92.75%	🇨🇳 China
The Shyft Group SHYF	0.5239	-97.45%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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