PB Ratio: 6.29

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 6.29 is 93% below its 5-year average of 96.29, near the low end of its 5-year range (5.16–278.88).

17.80% below its 12-month average of 7.65.

NVO PB Ratio Metrics

P/B vs. its own history

At 6.29, P/B is cheaper than usual, sitting higher than 17% of its 20-year history.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for Novo Nordisk A/S (NVO)?

The P/B ratio for NVO stock is 6.29.

Is Novo Nordisk A/S's P/B ratio high or low?

The P/B ratio of 6.29 is 93% below its 5-year average of 96.29, near the low end of its 5-year range (5.16–278.88).

What is the TTM average P/B ratio for Novo Nordisk A/S (NVO)?

The TTM average P/B ratio for NVO stock is 7.65.

What is the 3Y average P/B ratio for Novo Nordisk A/S (NVO)?

The 3Y average P/B ratio for NVO stock is 18.39.

What is the 5Y average P/B ratio for Novo Nordisk A/S (NVO)?

The 5Y average P/B ratio for NVO stock is 96.29.

What is the 10Y average P/B ratio for Novo Nordisk A/S (NVO)?

The 10Y average P/B ratio for NVO stock is 71.67.

What is the 15Y average P/B ratio for Novo Nordisk A/S (NVO)?

The 15Y average P/B ratio for NVO stock is 41.13.

What is the 20Y average P/B ratio for Novo Nordisk A/S (NVO)?

The 20Y average P/B ratio for NVO stock is 14.13.

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

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