RLX Technology

RLX Technology P/TBV

The Price to Tangible Book Value (P/TBV) of RLX Technology (RLX) as of Oct 30, 2026 is 0.17. In the previous year, Price to Tangible Book Value (P/TBV) was 0.16 — a change of 5.65% (higher).

P/TBV

0.17

YoY

5.65%

Last updated:

Price to Tangible Book Value (P/TBV) of RLX Technology is 2025 0.17 . Price to Tangible Book Value (P/TBV) of RLX Technology was 2024 0.16 . It decreases by 5.65% higher compared to the previous year.

The RLX Technology P/TBV history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/TBV
Date
P/TBV
Jan 1, 2018
378.32 USD
Jan 1, 2019
23.58 USD
Jan 1, 2020
10.86 USD
Jan 1, 2021
0.19 USD
Jan 1, 2022
0.16 USD
Jan 1, 2023
0.16 USD
Jan 1, 2024
0.16 USD
Jan 1, 2025
0.17 USD
The RLX Technology P/TBV history
YEARP/TBVYoY
0.17+5.65%
0.16-2.42%
0.16+0.15%
0.16-13.18%
0.19-98.29%
10.86-53.93%
23.58-93.77%
378.32—

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RLX Technology Stock analysis

What does RLX Technology do? RLX Technology Inc. generates revenue through the sale of e-vapor products under various brand names including Qingyu, Phantom, Phantom Pro, Zeus, Leili, and Daqian for rechargeable models, and Feiliu and Feiliu Mega for disposable models. The company offers closed-system rechargeable products, open-system products, closed-system disposable products, and modern oral products to meet diverse consumer preferences. Sales are conducted via local channels, third-party distribution networks, co-managed distribution channels, and direct sales to online and offline end users in China and internationally. The business model relies on a mix of product categories and distribution strategies to reach both domestic and global markets. The company's product portfolio includes rechargeable e-vapor devices under the Qingyu, Phantom, Phantom Pro, Zeus, Leili, and Daqian brands, targeting users seeking reusable solutions. Disposable e-vapor products under Feiliu and Feiliu Mega cater to convenience-focused consumers. Closed-system products are designed for ease of use, while open-system options allow for customization. Modern oral products represent a newer segment within the company's offerings. Distribution channels include local partnerships, third-party logistics, and co-managed networks to ensure broad market coverage. RLX Technology Inc. serves a global customer base through its international presence, selling through local channels in China and other regions. The business model emphasizes direct engagement with end users via online and offline retail, supported by third-party and co-managed distribution. Revenue streams are derived from the sale of both rechargeable and disposable e-vapor products across multiple product categories, with a focus on expanding market reach through strategic channel partnerships. RLX Technology is one of the most popular companies on Eulerpool.

Frequently Asked Questions about RLX Technology stock

Price to Tangible Book Value (P/TBV) of RLX Technology is 0.17 in 2025.

Price to Tangible Book Value (P/TBV) of RLX Technology changed from 0.16 to 0.17, representing a 5.65% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Price to Tangible Book Value (P/TBV) RLX Technology since 2006 – with annual values, charts, and detailed analysis.

P/TBV compares the stock price to tangible book value per share, excluding goodwill and intangibles. It provides a conservative asset-based valuation.

To evaluate Price to Tangible Book Value (P/TBV)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Price to Tangible Book Value (P/TBV).

A 'good' varies by industry and company stage. On Eulerpool, you can compare Price to Tangible Book Value (P/TBV)'s RLX Technology with sector peers and the industry average to assess whether it is attractive.

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Valuation — RLX Technology

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