Axfood AB (publ) engages in the food retail and wholesale businesses in Sweden. It operates through Willys, Hemköp, Dagab, and Axfood Snabbgross segments. The company operates its retail business through Willys, Hemköp, and Eurocash chains; and the online store, Mat.se. It is also involved in the e-commerce business; and provision of private label products. In addition, it offers home delivery of meal kits under the Middagsfrid name, as well as operates Urban Deli, a combined restaurant and market hall concept; and Apohem, an online pharmacy solution. The company serves restaurants, foodservice operators, and cafés; and retailer-owned stores, mini-marts, service stations, and other convenience retailers. It operates 65 Hemköp, 219 Willys, and 26 Snabbgross group-owned stores; and 133 Hemköp and 126 Tempo franchises. The company was founded in 1958 and is headquartered in Stockholm, Sweden. Axfood AB (publ) is a subsidiary of Axel Johnson AB.
P/B ratio for Axfood AB (publ) (AXFO.ST)
P/B ratio as of 2023: 8.57
According to Axfood AB (publ)'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 8.57. At the end of 2022 the company had a P/B ratio of 9.22.
P/B ratio history for Axfood AB (publ) from 1998 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 8.57 |
| 2022 | 9.22 |
| 2021 | 11.00 |
| 2020 | 9.27 |
| 2019 | 10.85 |
| 2018 | 7.45 |
| 2017 | 7.77 |
| 2016 | 7.30 |
| 2015 | 6.80 |
| 2014 | 1.52 |
| 2013 | 4.46 |
| 2012 | 3.72 |
| 2011 | 4.11 |
| 2010 | 4.44 |
| 2009 | 4.17 |
| 2008 | 3.89 |
| 2007 | 6.22 |
| 2006 | 6.12 |
| 2005 | 4.29 |
| 2004 | 4.80 |
| 2003 | 4.19 |
| 2002 | 5.09 |
| 2001 | 5.18 |
| 2000 | 3.47 |
| 1999 | 9.93 |
| 1998 | 5.70 |