Ericsson
ERIC
#744
Rank
HK$208.34 B
Marketcap
HK$62.05
Share price
-0.38%
Change (1 day)
64.31%
Change (1 year)

Ericsson (ERIC) - P/B ratio

P/B ratio as of November 2024 : 3.17

According to Ericsson's latest financial reports the company has a price-to-book ratio of 1.10884.
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
5.03 58.95%๐Ÿ‡บ๐Ÿ‡ธ USA
1.07-66.06%๐Ÿ‡ซ๐Ÿ‡ฎ Finland
6.78 114.33%๐Ÿ‡บ๐Ÿ‡ธ USA
2.70-14.81%๐Ÿ‡บ๐Ÿ‡ธ USA
61.1 1,829.67%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7 238.40%๐Ÿ‡บ๐Ÿ‡ธ USA
7.76 145.02%๐Ÿ‡บ๐Ÿ‡ธ USA
3.36 6.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-25.4-902.38%๐Ÿ‡บ๐Ÿ‡ธ USA