Ericsson
ERIC
#746
Rank
ยฃ21.25 B
Marketcap
ยฃ6.36
Share price
0.86%
Change (1 day)
69.64%
Change (1 year)

Ericsson (ERIC) - P/B ratio

P/B ratio as of November 2024 : 3.26

According to Ericsson's latest financial reports the company has a price-to-book ratio of 1.14079.
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
2024-12-31N/A-100%
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 P/B ratio differencediff. Country
5.09 56.40%๐Ÿ‡บ๐Ÿ‡ธ USA
1.11-65.97%๐Ÿ‡ซ๐Ÿ‡ฎ Finland
7.79 139.13%๐Ÿ‡บ๐Ÿ‡ธ USA
2.78-14.59%๐Ÿ‡บ๐Ÿ‡ธ USA
96.0 2,847.12%๐Ÿ‡บ๐Ÿ‡ธ USA
11.0 237.59%๐Ÿ‡บ๐Ÿ‡ธ USA
8.05 147.36%๐Ÿ‡บ๐Ÿ‡ธ USA
3.51 7.89%๐Ÿ‡บ๐Ÿ‡ธ USA
-25.8-893.61%๐Ÿ‡บ๐Ÿ‡ธ USA