Ericsson
ERIC
#783
Rank
A$38.50 B
Marketcap
$11.59
Share price
2.53%
Change (1 day)
50.67%
Change (1 year)

Ericsson (ERIC) - P/B ratio

P/B ratio as of April 2025 : 2.88

According to Ericsson's latest financial reports the company has a price-to-book ratio of 0.975208.
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.

Ericsson - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-313.1243.68%
2023-12-312.1742.81%
2022-12-311.52-51.11%
2021-12-313.11-18.89%
2020-12-313.8314.96%
2019-12-313.3312.73%
2018-12-312.9664.83%
2017-12-311.7938.8%
2016-12-311.29-28.71%
2015-12-311.81-13.28%
2014-12-312.0917.26%
2013-12-311.7818.05%
2012-12-311.51-9.73%
2011-12-311.67-3.47%
2010-12-311.7314.63%
2009-12-311.518.17%
2008-12-311.40-22.3%
2007-12-311.80-51.18%
2006-12-313.68-14.61%
2005-12-314.314.88%
2004-12-314.1125.47%
2003-12-313.28167.06%
2002-12-311.23

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
5.04 75.15%๐Ÿ‡บ๐Ÿ‡ธ USA
1.23-57.15%๐Ÿ‡ซ๐Ÿ‡ฎ Finland
5.74 99.69%๐Ÿ‡บ๐Ÿ‡ธ USA
2.43-15.51%๐Ÿ‡บ๐Ÿ‡ธ USA
41.2 1,330.87%๐Ÿ‡บ๐Ÿ‡ธ USA
9.55 231.98%๐Ÿ‡บ๐Ÿ‡ธ USA
8.01 178.46%๐Ÿ‡บ๐Ÿ‡ธ USA
3.02 4.90%๐Ÿ‡บ๐Ÿ‡ธ USA
-20.5-813.97%๐Ÿ‡บ๐Ÿ‡ธ USA