Philips
PHG
#699
Rank
A$42.25 B
Marketcap
$45.33
Share price
1.31%
Change (1 day)
35.55%
Change (1 year)

Philips (PHG) - P/B ratio

P/B ratio as of September 2024 : 2.21

According to Philips's latest financial reports the company has a price-to-book ratio of 2.21.
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.

Philips - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.6071.61%
2022-12-310.9314-52.7%
2021-12-311.97-41.14%
2020-12-313.358.94%
2019-12-313.0731.62%
2018-12-312.33-4.58%
2017-12-312.4522.11%
2016-12-312.007.47%
2015-12-311.86-7.44%
2014-12-312.01-9.55%
2013-12-312.2336.83%
2012-12-311.6331.59%
2011-12-311.24-14%
2010-12-311.449.73%
2009-12-311.3155.68%
2008-12-310.8413-41.28%
2007-12-311.434.71%
2006-12-311.37-27.06%
2005-12-311.8813.39%
2004-12-311.65-27.78%
2003-12-312.2949.8%
2002-12-311.53

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
9.28 320.88%๐Ÿ‡บ๐Ÿ‡ธ USA
2.55 15.62%๐Ÿ‡ฉ๐Ÿ‡ช Germany
2.29 3.72%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
3.82 73.37%๐Ÿ‡บ๐Ÿ‡ธ USA
2.84 28.81%๐Ÿ‡บ๐Ÿ‡ธ USA