Arendals Fossekompani ASA, an industrial investment company, owns and operates hydropower plants. It also provides business-critical software and technology services for power generation, power transmission and distribution, and infrastructure. In addition, the company manufactures and sells materials for 3D printing in the aerospace, medical, and automotive sectors; and nanomaterials for electronics and batteries industries, as well as offers satellite communications and IT solutions. Further, it delivers green power technology based on induction technology; offers voice and data services; and owns and develops various properties. The company operates in Norway, rest of Europe, Asia, and North America. Arendals Fossekompani ASA was founded in 1896 and is headquartered in Arendal, Norway.
P/B ratio for Arendals Fossekompani ASA (AFK.OL)
P/B ratio as of 2023: 3.01
According to Arendals Fossekompani ASA's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.01. At the end of 2022 the company had a P/B ratio of 4.40.
P/B ratio history for Arendals Fossekompani ASA from 2002 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.01 |
| 2022 | 4.40 |
| 2021 | 7.26 |
| 2020 | 2.84 |
| 2019 | 45.34 |
| 2018 | 2.26 |
| 2017 | 1.64 |
| 2016 | 2.43 |
| 2015 | 1.72 |
| 2014 | 1.99 |
| 2013 | 1.41 |
| 2012 | 1.16 |
| 2011 | 1.57 |
| 2010 | 1.39 |
| 2009 | 1.92 |
| 2008 | 2.47 |
| 2007 | 4.24 |
| 2006 | 3.97 |
| 2005 | 3.03 |
| 2004 | 40.33 |
| 2003 | 37.88 |
| 2002 | 26.99 |