nVent Electric
NVT
$75.69
Share price
1.68%
Change (1 day)
72.81%
Change (1 year)
Categories
nVent Electric (NVT) - P/B ratio
P/B ratio as of April 2024 : 3.99
According to nVent Electric's latest financial reports the company has a price-to-book ratio of 3.99.
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.
nVent Electric - P/B ratio (from 2018 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 3.12 | 33% |
| 2022-12-31 | 2.35 | -8.4% |
| 2021-12-31 | 2.56 | 55.78% |
| 2020-12-31 | 1.64 | -1.49% |
| 2019-12-31 | 1.67 | 11.29% |
| 2018-12-31 | 1.50 | |
| 2017-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 TE Connectivity
TEL | 3.27 | -18.24% | 🇨🇭 Switzerland |
 nVent Electric NVT | 3.99 | 0.00% | 🇬🇧 UK |