KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. It offers elevators, escalators, and automatic building doors. The company also provides maintenance services; modernization solutions; and various residential solutions. In addition, it offers KONE Office Flow, a connected solution that allows for personalized user experiences and touch-free access; health and well-being solutions for elevators, escalators, and doors; KONE Residential Flow, a smarter building solution for the movement of people, goods, and information; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators. Further, the company provides people flow planning and consulting services; and solutions for special buildings and large projects. KONE Oyj was founded in 1908 and is based in Espoo, Finland.
P/B ratio for KONE Oyj (KNEBV.HE)
P/B ratio as of 2023: 8.44
According to KONE Oyj's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 8.44. At the end of 2022 the company had a P/B ratio of 8.82.
P/B ratio history for KONE Oyj from 2002 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 8.44 |
| 2022 | 8.82 |
| 2021 | 10.29 |
| 2020 | 10.84 |
| 2019 | 9.48 |
| 2018 | 7.03 |
| 2017 | 7.94 |
| 2016 | 7.84 |
| 2015 | 7.96 |
| 2014 | 9.62 |
| 2013 | 9.93 |
| 2012 | 7.58 |
| 2011 | 5.05 |
| 2010 | 6.63 |
| 2009 | 5.66 |
| 2008 | 3.78 |
| 2007 | 7.90 |
| 2006 | 8.00 |
| 2005 | 6.41 |
| 2004 | 2.83 |
| 2003 | 2.63 |
| 2002 | 1.60 |