Mitsubishi Electric
6503.T
$16.15
Share price
0.69%
Change (1 day)
36.86%
Change (1 year)
Categories
Mitsubishi Electric (6503.T) - P/B ratio
P/B ratio as of April 2024 : 1.36
According to Mitsubishi Electric's latest financial reports the company has a price-to-book ratio of 1.36.
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.
Mitsubishi Electric - P/B ratio (from 2009 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.18 | 39.47% |
| 2022-12-31 | 0.8495 | -19.77% |
| 2021-12-31 | 1.06 | -16.19% |
| 2020-12-31 | 1.26 | 1.82% |
| 2019-12-31 | 1.24 | 15.01% |
| 2018-12-31 | 1.08 | -36.45% |
| 2017-12-31 | 1.70 | -1.34% |
| 2016-12-31 | 1.72 | 25.67% |
| 2015-12-31 | 1.37 | -29.41% |
| 2014-12-31 | 1.94 | 7.6% |
| 2013-12-31 | 1.80 | 43.68% |
| 2012-12-31 | 1.25 | -12.25% |
| 2011-12-31 | 1.43 | -14.25% |
| 2010-12-31 | 1.67 | 8.2% |
| 2009-12-31 | 1.54 |