nVent Electric
NVT
#1980
Rank
$7.44 B
Marketcap
$45.24
Share price
-6.37%
Change (1 day)
-40.12%
Change (1 year)

nVent Electric (NVT) - P/B ratio

P/B ratio as of April 2025 : 2.31

According to nVent Electric's latest financial reports the company has a price-to-book ratio of 2.27175.
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.

nVent Electric - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-313.5112.63%
2023-12-313.1233%
2022-12-312.35-8.4%
2021-12-312.5655.78%
2020-12-311.64-1.49%
2019-12-311.6711.29%
2018-12-311.50
2017-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
2.31 0.00%๐Ÿ‡ฌ๐Ÿ‡ง UK
2.96 28.29%๐Ÿ‡จ๐Ÿ‡ญ Switzerland