Marel hf. develops, manufactures, sells, and distributes processing equipment, systems, software, and services for poultry, meat, and fish industries. The company's Poultry Processing segment offers integrated systems, software, and services for processing broilers, turkeys, and ducks. Its Meat Processing segment provides processing equipment, systems, software, and services of pork, beef, veal, and sheep. The company's Fish Processing segment offers equipment, systems, software, and services for farmed and wild salmon and whitefish processing. It sells in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company was founded in 1977 and is based in Garðabær, Iceland.
P/B ratio for Marel hf. (MAREL.AS)
P/B ratio as of 2023: 2.24
According to Marel hf.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.24. At the end of 2022 the company had a P/B ratio of 2.36.
P/B ratio history for Marel hf. from 2002 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.24 |
| 2022 | 2.36 |
| 2021 | 4.41 |
| 2020 | 3.94 |
| 2019 | 3.42 |
| 2018 | 4.74 |
| 2017 | 5.09 |
| 2016 | 5.31 |
| 2015 | 6.24 |
| 2014 | 6.69 |
| 2013 | 6.82 |
| 2012 | 7.05 |
| 2011 | 7.66 |
| 2010 | 8.26 |
| 2009 | 7.27 |
| 2008 | 6.67 |
| 2007 | 7.90 |
| 2006 | 7.59 |
| 2005 | 22.42 |
| 2004 | 31.16 |
| 2003 | 36.61 |
| 2002 | 123.14 |