Renesas Electronics
6723.T
$16.32
Share price
0.22%
Change (1 day)
20.44%
Change (1 year)
Renesas Electronics (6723.T) - P/B ratio
P/B ratio as of April 2024 : 2.10
According to Renesas Electronics
's latest financial reports the company has a price-to-book ratio of 2.10.
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.
Renesas Electronics - P/B ratio (from 2009 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.32 | 72.08% |
| 2022-12-31 | 1.35 | -43.73% |
| 2021-12-31 | 2.40 | -20.54% |
| 2020-12-31 | 3.02 | 46.8% |
| 2019-12-31 | 2.05 | 47.99% |
| 2018-12-31 | 1.39 | -63.24% |
| 2017-12-31 | 3.78 | 2.63% |
| 2016-12-31 | 3.68 | 8.72% |
| 2015-12-31 | 3.38 | -29.47% |
| 2014-12-31 | 4.80 | 17.1% |
| 2013-12-31 | 4.10 | 137.14% |
| 2012-12-31 | 1.73 | 109.54% |
| 2011-12-31 | 0.8246 | -16.62% |
| 2010-12-31 | 0.9891 | 44.25% |
| 2009-12-31 | 0.6857 |