Microvast Holdings Inc (MVST) valuation
Microvast P/E ratio history
Microvast trades at 4.7 times its earnings over the last twelve months and 10.4 times the earnings analysts expect over the next twelve.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $2.80 | -$0.09 | n/m | 14.5 |
| Dec 31, 2024 | $2.07 | -$0.61 | n/m | — |
| Dec 31, 2023 | $1.40 | -$0.34 | n/m | — |
| Dec 31, 2022 | $1.53 | -$0.52 | n/m | — |
| Dec 31, 2021 | $5.66 | -$1.26 | n/m | — |
| Dec 31, 2020 | $17.10 | — | n/m | — |
| Dec 31, 2019 | $9.96 | — | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Microvast valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| MicrovastMVST | $189M | 4.7 | 10.4 | 0.5 |
| Net PowerNPWR | $187M | — | — | — |
| Hudson TechnologiesHDSN | $181M | 20.5 | 15.1 | 0.7 |
| Franklin CoveyFC | $204M | 106.5 | 13.2 | 0.8 |
| Airjoule TechnologiesAIRJ | $174M | — | — | — |
| EasternEML | $169M | 20.9 | — | 0.7 |
| Forrester ResearchFORR | $214M | — | 12.6 | 0.6 |
| HirequestHQI | $227M | 28.6 | 20.1 | 7.5 |
| Palladyne AiPDYN | $157M | — | — | 13.3 |
| Peer median | 24.7 | 14.2 | 0.8 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: MVST financials · MVST returns
No forecast, no recommendation. This page describes Microvast Holdings Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.