According to Michelin's latest financial reports the company has a price-to-book ratio of 0.737406.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 1.29 | 19.59% |
2022-12-31 | 1.08 | -37.33% |
2021-12-31 | 1.72 | 16.01% |
2020-12-31 | 1.48 | 0.59% |
2019-12-31 | 1.47 | 15.08% |
2018-12-31 | 1.28 | -32.48% |
2017-12-31 | 1.90 | 5.22% |
2016-12-31 | 1.80 | 7.54% |
2015-12-31 | 1.68 | 14.09% |
2014-12-31 | 1.47 | -5.26% |
2013-12-31 | 1.55 | 1.25% |
2012-12-31 | 1.53 | 51.22% |
2011-12-31 | 1.01 | -20.24% |
2010-12-31 | 1.27 | -11.69% |
2009-12-31 | 1.44 |