Mitsubishi Heavy Industries
7011.T
$8.85
Share price
1.26%
Change (1 day)
-77.04%
Change (1 year)
Mitsubishi Heavy Industries (7011.T) - P/B ratio
P/B ratio as of April 2024 : 2.04
According to Mitsubishi Heavy Industries's latest financial reports the company has a price-to-book ratio of 2.04.
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 Heavy Industries - P/B ratio (from 2008 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.36 | 37.28% |
| 2022-12-31 | 0.9931 | 64.21% |
| 2021-12-31 | 0.6048 | -26.36% |
| 2020-12-31 | 0.8213 | -19.93% |
| 2019-12-31 | 1.03 | 30.54% |
| 2018-12-31 | 0.7858 | 21.46% |
| 2017-12-31 | 0.6470 | -27.77% |
| 2016-12-31 | 0.8957 | 5.53% |
| 2015-12-31 | 0.8488 | -24.23% |
| 2014-12-31 | 1.12 | -18.76% |
| 2013-12-31 | 1.38 | 32.71% |
| 2012-12-31 | 1.04 | 23.47% |
| 2011-12-31 | 0.8415 | 7.06% |
| 2010-12-31 | 0.7860 | -5.82% |
| 2009-12-31 | 0.8346 | -15.72% |
| 2008-12-31 | 0.9903 |