Universal Music Group
UMG.AS
$31.02
Share price
1.89%
Change (1 day)
56.18%
Change (1 year)
Categories
Universal Music Group (UMG.AS) - P/B ratio
P/B ratio as of June 2024 : 16.8
According to Universal Music Group's latest financial reports the company has a price-to-book ratio of 16.8.
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.
Universal Music Group - P/B ratio (from 2021 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 15.7 | -8.97% |
| 2022-12-31 | 17.3 | -21.88% |
| 2021-12-31 | 22.1 | |
| 2020-12-31 | N/A |