Ericsson Lm Telephone Co Price to Book Ratio (PB) Ratios, (ERIC) Valuation Ranking and Trends, Fundamental Ratios

ERIC Price to Book Ratio	(Dec 31 2023)	0	(Dec 31 2022)	0	(Dec 31 2021)
Book Value Trailing 12 Months	IV. Quarter	I. Quarter	IV. Quarter	I. Quarter	IV. Quarter
Price to Book (TTM) Ratio	current 2.37	1.78	1.40	2.24	3.14
Book Value Y / Y Change	3.14 %	3.14 %	3.14 %	3.14 %	3.14 %
Stock performance	to date 68.4 %	-6.63 %	3.59 %	-35.65 %	14.21 %

Price to Book ratio Comment

Ericsson Lm Telephone Co's current Price to Book ratio has increased due to shareprice growth of 68.4 %, from beginning of IV. Quarter and due to Book Value increase, to Price to Book ratio of 2.37, from average Price to Book ratio in the I. Quarter of 1.78.

What is Price to Book Ratio?
Valuation in Consumer Electronics Industry

Price to Book ratio Company Ranking
Within:	No.
Industry	#34
Sector	#336
S&P 500	#2946

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