Covestro AG
1COV.F

$11.25 B
Marketcap
$59.60
Share price
Country
$-0.25
Change (1 day)
$61.35
Year High
$46.90
Year Low

Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including precursors for coatings and adhesives, polycarbonates, MDI specialties and polyols, specialty films, elastomers, and thermoplastic polyurethanes that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for wind turbine, rotor blades, laptop cases, and floodlights. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.

marketcap

P/B ratio for Covestro AG (1COV.F)

P/B ratio as of 2023: 1.51

According to Covestro AG's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.51. At the end of 2022 the company had a P/B ratio of 0.98.

P/B ratio history for Covestro AG from 2012 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 1.51
2022 0.98
2021 1.36
2020 1.66
2019 1.45
2018 1.55
2017 3.25
2016 3.15
2015 1.45
2014 2.10
2013 2.24
2012 2.42