L3Harris Technologies (LHX) - P/B ratio

P/B ratio as of November 2024 : 2.47

According to L3Harris Technologies's latest financial reports the company has a price-to-book ratio of 2.22628.
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.

L3Harris Technologies - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.12	-0.4%
2022-12-31	2.13	-1.72%
2021-12-31	2.17	13.66%
2020-12-31	1.91	-0.92%
2019-12-31	1.92	-58.62%
2018-12-31	4.65	-17.15%
2017-12-31	5.61	39.12%
2016-12-31	4.03	21.29%
2015-12-31	3.32	-19.83%
2014-12-31	4.15	-4.61%
2013-12-31	4.35	44.27%
2012-12-31	3.01	67.23%
2011-12-31	1.80	-24.45%
2010-12-31	2.39	-23.32%
2009-12-31	3.11	41.65%
2008-12-31	2.20	-34.26%
2007-12-31	3.34	-1.44%
2006-12-31	3.39	-9.74%
2005-12-31	3.75	23.85%
2004-12-31	3.03	47.46%
2003-12-31	2.06	37.04%
2002-12-31	1.50

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
L3Harris Technologies LHX	2.47	0.00%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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