Novo Nordisk
NVO
#13
Rank
$555.31 B
Marketcap
$123.05
Share price
-0.78%
Change (1 day)
47.19%
Change (1 year)

Novo Nordisk A / S produces and markets pharmaceutical products and services. Since its founding in Denmark in 1923, the company has developed into a leading company in the diabetes sector worldwide.

Novo Nordisk (NVO) - P/B ratio

P/B ratio as of May 2024 : 35.2

According to Novo Nordisk's latest financial reports the company has a price-to-book ratio of 35.2.
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.

Novo Nordisk - P/B ratio (from 2001 to 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-3129.215.38%
2022-12-3125.36.95%
2021-12-3123.752.01%
2020-12-3115.6-3.3%
2019-12-3116.114.45%
2018-12-3114.1-13.79%
2017-12-3116.311.13%
2016-12-3114.7-33.6%
2015-12-3122.129.3%
2014-12-3117.133.29%
2013-12-3112.81.69%
2012-12-3112.623.48%
2011-12-3110.2-0.13%
2010-12-3110.274.1%
2009-12-315.8812.05%
2008-12-315.25-21.13%
2007-12-316.6533.99%
2006-12-314.9719.09%
2005-12-314.1712.43%
2004-12-313.7112.2%
2003-12-313.318.01%
2002-12-313.06

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
1.76-95.01%๐Ÿ‡บ๐Ÿ‡ธ USA
66.1 87.95%๐Ÿ‡บ๐Ÿ‡ธ USA
1.50-95.73%๐Ÿ‡ซ๐Ÿ‡ท France
5.35-84.79%๐Ÿ‡บ๐Ÿ‡ธ USA