Novanta
NOVT
$156.78
Share price
0.18%
Change (1 day)
0.64%
Change (1 year)
Novanta (NOVT) - P/B ratio
P/B ratio as of May 2024 : 8.36
According to Novanta's latest financial reports the company has a price-to-book ratio of 8.36.
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.
Novanta - P/B ratio (from 2010 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 8.95 | 6.66% |
| 2022-12-31 | 8.40 | -30.28% |
| 2021-12-31 | 12.0 | 38.13% |
| 2020-12-31 | 8.72 | 17.32% |
| 2019-12-31 | 7.43 | 24.51% |
| 2018-12-31 | 5.97 | 7.5% |
| 2017-12-31 | 5.55 | 98.69% |
| 2016-12-31 | 2.79 | 46.16% |
| 2015-12-31 | 1.91 | -19.83% |
| 2014-12-31 | 2.38 | 51.28% |
| 2013-12-31 | 1.58 | 22.9% |
| 2012-12-31 | 1.28 | -21.34% |
| 2011-12-31 | 1.63 | -17.42% |
| 2010-12-31 | 1.97 | |
| 2009-12-31 | N/A | |
| 2008-12-31 | N/A | |
| 2007-12-31 | N/A | |
| 2006-12-31 | N/A | |
| 2005-12-31 | N/A | |
| 2004-12-31 | N/A | |
| 2003-12-31 | N/A | |
| 2002-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 PAVmed
PAVM | -0.8822 | -110.56% | 🇺🇸 USA |
 Philips PHG | 1.87 | -77.58% | 🇳🇱 Netherlands |