Ericsson
ERIC
#1019
Rank
$18.35 B
Marketcap
$5.51
Share price
0.00%
Change (1 day)
0.36%
Change (1 year)

Ericsson (ERIC) - P/B ratio

P/B ratio as of March 2024 : 1.90

According to Ericsson's latest financial reports the company has a price-to-book ratio of 1.90.
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 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-312.1742.81%
2022-12-311.52-51.11%
2021-12-313.11-18.89%
2020-12-313.8314.96%
2019-12-313.3312.73%
2018-12-312.9664.83%
2017-12-311.7938.8%
2016-12-311.29-28.71%
2015-12-311.81-13.28%
2014-12-312.0917.26%
2013-12-311.7818.05%
2012-12-311.51-9.73%
2011-12-311.67-3.47%
2010-12-311.7314.63%
2009-12-311.518.17%
2008-12-311.40-22.3%
2007-12-311.80-51.18%
2006-12-313.68-14.61%
2005-12-314.314.88%
2004-12-314.1125.47%
2003-12-313.28167.06%
2002-12-311.23

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
13.1 591.32%๐Ÿ‡บ๐Ÿ‡ธ USA
4.37 130.23%๐Ÿ‡บ๐Ÿ‡ธ USA
7.74 307.91%๐Ÿ‡บ๐Ÿ‡ธ USA
-18.0-1,050.03%๐Ÿ‡บ๐Ÿ‡ธ USA
2.69 41.82%๐Ÿ‡บ๐Ÿ‡ธ USA
8.19 331.75%๐Ÿ‡บ๐Ÿ‡ธ USA
79.8 4,104.86%๐Ÿ‡บ๐Ÿ‡ธ USA
0.8607-54.65%๐Ÿ‡ซ๐Ÿ‡ฎ Finland
2.50 31.59%๐Ÿ‡บ๐Ÿ‡ธ USA