Aurora Innovation's Share Price Rebound and Valuation Check: A Closer Look at the Company's Recent Performance

Aurora Innovation's (AUR) share price has rebounded 11% over the past month, but is down 11% over the past 3 months and 31% over the past year. Its price-to-book ratio is 3.9x, which is lower than the peer group average of 15.1x but higher than the US Software industry average of 3.4x. Our discounted cash flow analysis puts fair value at $32.08, a large gap from the recent share price of $4.62.