Thermon Group
THR
$32.18
Share price
0.78%
Change (1 day)
51.65%
Change (1 year)
Thermon Group (THR) - P/B ratio
P/B ratio as of May 2024 : 2.32
According to Thermon Group's latest financial reports the company has a price-to-book ratio of 2.32.
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.
Thermon Group - P/B ratio (from 2011 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.35 | 43.66% |
| 2022-12-31 | 1.63 | 12.5% |
| 2021-12-31 | 1.45 | 6.31% |
| 2020-12-31 | 1.37 | -42.77% |
| 2019-12-31 | 2.39 | 21.98% |
| 2018-12-31 | 1.96 | -14.38% |
| 2017-12-31 | 2.29 | 12.71% |
| 2016-12-31 | 2.03 | 5.8% |
| 2015-12-31 | 1.92 | -31.29% |
| 2014-12-31 | 2.79 | -21.7% |
| 2013-12-31 | 3.56 | 13.04% |
| 2012-12-31 | 3.15 | 7.71% |
| 2011-12-31 | 2.93 | |
| 2010-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Dow DOW | 2.11 | -9.26% | 🇺🇸 USA |
 3M MMM | 11.2 | 382.10% | 🇺🇸 USA |
 Dupont De Nemours DD | 1.32 | -42.95% | 🇺🇸 USA |
 Vishay Precision Group
VPG | 1.35 | -41.65% | 🇺🇸 USA |
 Fluor Corporation
FLR | 3.35 | 44.33% | 🇺🇸 USA |