Michelin
ML.PA
Michelin (ML.PA) - P/B ratio
P/B ratio as of April 2024 : 1.44
According to Michelin's latest financial reports the company has a price-to-book ratio of 1.44.
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.
Michelin - P/B ratio (from 2009 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.35 | 25.57% |
| 2022-12-31 | 1.08 | -37.23% |
| 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 | -32.45% |
| 2017-12-31 | 1.89 | 5.24% |
| 2016-12-31 | 1.80 | 7.45% |
| 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 | 50.91% |
| 2011-12-31 | 1.01 | -20.08% |
| 2010-12-31 | 1.27 | -11.69% |
| 2009-12-31 | 1.44 |