adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand. It sells its products through approximately 2,200 own-retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels. The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006. adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany.
P/B ratio for adidas AG (ADS.DE)
P/B ratio as of 2023: 7.10
According to adidas AG's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 7.10. At the end of 2022 the company had a P/B ratio of 4.68.
P/B ratio history for adidas AG from 2002 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 7.10 |
| 2022 | 4.68 |
| 2021 | 6.54 |
| 2020 | 9.01 |
| 2019 | 8.43 |
| 2018 | 5.83 |
| 2017 | 5.24 |
| 2016 | 4.64 |
| 2015 | 3.20 |
| 2014 | 2.14 |
| 2013 | 3.53 |
| 2012 | 2.66 |
| 2011 | 1.97 |
| 2010 | 2.22 |
| 2009 | 1.97 |
| 2008 | 1.58 |
| 2007 | 3.37 |
| 2006 | 2.73 |
| 2005 | 2.79 |
| 2004 | 3.39 |
| 2003 | 3.16 |
| 2002 | 3.64 |