Philips
PHG
#692
Rank
$28.84 B
Marketcap
$30.46
Share price
2.49%
Change (1 day)
40.82%
Change (1 year)

Philips (PHG) - P/B ratio

P/B ratio as of September 2024 : 2.26

According to Philips's latest financial reports the company has a price-to-book ratio of 2.26.
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.

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

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.6071.61%
2022-12-310.9314-52.48%
2021-12-311.96-41.77%
2020-12-313.379.87%
2019-12-313.0631.49%
2018-12-312.33-4.71%
2017-12-312.4522.11%
2016-12-312.007.31%
2015-12-311.87-7.21%
2014-12-312.01-9.6%
2013-12-312.2236.67%
2012-12-311.6331.7%
2011-12-311.24-14.22%
2010-12-311.449.93%
2009-12-311.3157.23%
2008-12-310.8336-41.25%
2007-12-311.423.7%
2006-12-311.37-27.06%
2005-12-311.8826.38%
2004-12-311.48-35.71%
2003-12-312.3150.99%
2002-12-311.53

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
9.57 324.04%๐Ÿ‡บ๐Ÿ‡ธ USA
2.57 13.65%๐Ÿ‡ฉ๐Ÿ‡ช Germany
2.30 1.81%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
3.75 66.28%๐Ÿ‡บ๐Ÿ‡ธ USA
2.85 26.41%๐Ÿ‡บ๐Ÿ‡ธ USA