Sandvik
SAND.ST
$20.32
Share price
0.37%
Change (1 day)
0.69%
Change (1 year)
Sandvik (SAND.ST) - P/B ratio
P/B ratio as of May 2024 : 2.89
According to Sandvik's latest financial reports the company has a price-to-book ratio of 2.89.
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.
Sandvik - P/B ratio (from 2009 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 3.11 | 7.02% |
| 2022-12-31 | 2.91 | -28.97% |
| 2021-12-31 | 4.10 | 5.61% |
| 2020-12-31 | 3.88 | 4.75% |
| 2019-12-31 | 3.70 | 35.92% |
| 2018-12-31 | 2.73 | -25.75% |
| 2017-12-31 | 3.67 | 1.83% |
| 2016-12-31 | 3.60 | 32.16% |
| 2015-12-31 | 2.73 | 4.36% |
| 2014-12-31 | 2.61 | -22.78% |
| 2013-12-31 | 3.38 | -15.19% |
| 2012-12-31 | 3.99 | 26.97% |
| 2011-12-31 | 3.14 | -31.67% |
| 2010-12-31 | 4.60 | 34.43% |
| 2009-12-31 | 3.42 |