Telefonaktiebolaget L M Ericsson Price to Book Ratio

Telefonaktiebolaget L M Ericsson (ERIC) currently reports a P/B ratio of 0.32. That is below the Technology sector average of 17.63. Use the charts on this page to explore Telefonaktiebolaget L M Ericsson's P/B ratio history and peer comparisons.

Telefonaktiebolaget L M Ericsson's P/B ratio of 0.32 is lower than the Technology sector average of 17.63. That is roughly 98.2% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

The P/B ratio is a valuation multiple that relates Telefonaktiebolaget L M Ericsson's market price to a fundamental measure such as earnings, sales, or book value. At 0.32, ERIC can look expensive or cheap only in context — versus its own history, growth rate, and Technology peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.

Start with the current P/B ratio of 0.32, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 17.63. From there, open related valuation or income-statement pages for Telefonaktiebolaget L M Ericsson, and consider following ERIC for alerts when major investors trade the stock.

Telefonaktiebolaget L M Ericsson is classified in the Technology sector. On P/B ratio, it currently shows 0.32 versus a sector average near 17.63. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Technology are usually more informative than comparing ERIC with unrelated industries.