According to Universal Music Group's latest financial reports the company has a price-to-book ratio of 19.3.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 15.7 | -8.97% |
2022-12-31 | 17.3 | -21.88% |
2021-12-31 | 22.1 | |
2020-12-31 | N/A |