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

ERIC Price to Tangible Book Ratio	(Dec 31 2023)	0	(Dec 31 2022)	0	(Dec 31 2021)
Tangible Book Ratio Trailing 12 Months	IV. Quarter	I. Quarter	IV. Quarter	I. Quarter	IV. Quarter
Price to Tangible Book (TTM) Ratio	current 6.62	3.90	3.82	6.11	4.88
Tangible Book Value Y / Y Change	-8.76 %	-8.76 %	-29.26 %	-29.26 %	-29.26 %
Stock performance	to date 114.45 %	-6.63 %	3.59 %	-35.65 %	14.21 %

Price to Tangible Book ratio Comment

Company's current Price to Tangible Book ratio has increased due to shareprice growth of 114.45 %, from beginning of IV. Quarter and due to Tangible Book Value increase, to Price to Tangible Book ratio of 6.62, from average Price to Tangible Book ratio in I. Quarter of 3.90.

What is Price to Tangible Book Ratio?
Valuation by Consumer Electronics Industry

Price to Tangible Book ratio Company Ranking
Within:	No.
Industry	#1
Sector	#7
S&P 500	#209

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