Ericsson (ERIC) - P/B ratio

#744

Rank

C$37.70 B

Marketcap

🇸🇪 Sweden

Country

$11.23

Share price

-0.38%

Change (1 day)

68.69%

Change (1 year)

👩‍💻 Tech 📡 Telecommunications equipment

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	P/B ratio differencediff.	Country
Cisco CSCO	5.03	58.95%	🇺🇸 USA
Nokia NOK	1.07	-66.06%	🇫🇮 Finland
QUALCOMM QCOM	6.78	114.33%	🇺🇸 USA
Juniper Networks JNPR	2.70	-14.81%	🇺🇸 USA
Motorola Solutions MSI	61.1	1,829.67%	🇺🇸 USA
Microsoft MSFT	10.7	238.40%	🇺🇸 USA
IBM IBM	7.76	145.02%	🇺🇸 USA
Ciena CIEN	3.36	6.10%	🇺🇸 USA
HP HPQ	-25.4	-902.38%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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