Thermo Fisher Scientific
TMO
$541.52
Share price
-1.05%
Change (1 day)
-7.41%
Change (1 year)
Thermo Fisher Scientific Inc., also known as Thermo Fisher, is an American technology company based in Waltham, Massachusetts. It describes itself as "the world's largest supplier of scientific applications."
Thermo Fisher Scientific (TMO) - P/B ratio
P/B ratio as of April 2024 : 4.41
According to Thermo Fisher Scientific's latest financial reports the company has a price-to-book ratio of 4.41.
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.
Thermo Fisher Scientific - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 4.38 | -10.51% |
| 2022-12-31 | 4.89 | -23.76% |
| 2021-12-31 | 6.42 | 19.97% |
| 2020-12-31 | 5.35 | 22.52% |
| 2019-12-31 | 4.37 | 33.81% |
| 2018-12-31 | 3.26 | 8.88% |
| 2017-12-31 | 3.00 | 15.79% |
| 2016-12-31 | 2.59 | -2.54% |
| 2015-12-31 | 2.66 | 8.74% |
| 2014-12-31 | 2.44 | 2.12% |
| 2013-12-31 | 2.39 | 62.2% |
| 2012-12-31 | 1.47 | 30.32% |
| 2011-12-31 | 1.13 | -19.8% |
| 2010-12-31 | 1.41 | 11.5% |
| 2009-12-31 | 1.26 | 31.89% |
| 2008-12-31 | 0.9591 | -41.98% |
| 2007-12-31 | 1.65 | 21.89% |
| 2006-12-31 | 1.36 | -22.61% |
| 2005-12-31 | 1.75 | -3.62% |
| 2004-12-31 | 1.82 | 4.12% |
| 2003-12-31 | 1.75 | 8.22% |
| 2002-12-31 | 1.61 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Agilent Technologies A | 6.27 | 42.13% | 🇺🇸 USA |
 Baxter BAX | 2.38 | -45.95% | 🇺🇸 USA |
 Becton Dickinson BDX | 2.66 | -39.75% | 🇺🇸 USA |
 General Electric GE | 5.85 | 32.58% | 🇺🇸 USA |
 Teleflex TFX | 2.20 | -50.16% | 🇺🇸 USA |
 Waters Corporation WAT | 15.2 | 243.77% | 🇺🇸 USA |
 Danaher DHR | 3.27 | -25.85% | 🇺🇸 USA |
 Intuitive Surgical ISRG | 9.86 | 123.41% | 🇺🇸 USA |
 PerkinElmer
PKI | 1.80 | -59.22% | 🇺🇸 USA |
 Bio-Rad Laboratories BIO | 0.9437 | -78.61% | 🇺🇸 USA |