Ericsson
ERIC
$6.14
Share price
1.49%
Change (1 day)
18.30%
Change (1 year)
Categories
Ericsson (ERIC) - P/B ratio
P/B ratio as of June 2024 : 2.00
According to Ericsson's latest financial reports the company has a price-to-book ratio of 2.00.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Ericsson - P/B ratio (from 2001 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 2.17 | 42.81% |
| 2022-12-31 | 1.52 | -51.11% |
| 2021-12-31 | 3.11 | -18.89% |
| 2020-12-31 | 3.83 | 14.96% |
| 2019-12-31 | 3.33 | 12.73% |
| 2018-12-31 | 2.96 | 64.83% |
| 2017-12-31 | 1.79 | 38.8% |
| 2016-12-31 | 1.29 | -28.71% |
| 2015-12-31 | 1.81 | -13.28% |
| 2014-12-31 | 2.09 | 17.26% |
| 2013-12-31 | 1.78 | 18.05% |
| 2012-12-31 | 1.51 | -9.73% |
| 2011-12-31 | 1.67 | -3.47% |
| 2010-12-31 | 1.73 | 14.63% |
| 2009-12-31 | 1.51 | 8.17% |
| 2008-12-31 | 1.40 | -22.3% |
| 2007-12-31 | 1.80 | -51.18% |
| 2006-12-31 | 3.68 | -14.61% |
| 2005-12-31 | 4.31 | 4.88% |
| 2004-12-31 | 4.11 | 25.47% |
| 2003-12-31 | 3.28 | 167.06% |
| 2002-12-31 | 1.23 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 12.6 | 529.83% | 🇺🇸 USA |
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 HP HPQ | -22.9 | -1,243.13% | 🇺🇸 USA |
 Juniper Networks
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 Motorola Solutions
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 Nokia NOK | 0.9272 | -53.69% | 🇫🇮 Finland |
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