Sandvik AB (publ) operates as an engineering company in the areas of mining and rock excavation, rock processing, manufacturing and machining, and materials technology in Sweden and internationally. The company offers mining and rock solutions, including drill rigs, underground loaders and trucks, rock drills and other tools, and parts and services, as well as digital and sustainability solutions; and rock processing applications, which include crushing, screening, feeding, breaking, demolition, and recycling. It also provides manufacturing solutions, comprising traditional metal cutting under the Sandvik Coromant, Walter, Wolfram, Seco, and Dormer Pramet brands; and manufactures tools and tooling systems for advanced metal cutting. In addition, the company develops and manufactures advanced stainless steels, powder-based alloys, and special alloys. It serves aerospace, automotive, construction, mining, general engineering, nuclear power generation, oil and gas, process, and renewable energy industries. The company was founded in 1862 and is headquartered in Stockholm, Sweden.
P/B ratio for Sandvik AB (publ) (SAND.ST)
P/B ratio as of 2023: 3.12
According to Sandvik AB (publ)'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.12. At the end of 2022 the company had a P/B ratio of 2.91.
P/B ratio history for Sandvik AB (publ) from 2005 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.12 |
| 2022 | 2.91 |
| 2021 | 4.10 |
| 2020 | 3.88 |
| 2019 | 3.70 |
| 2018 | 2.70 |
| 2017 | 3.71 |
| 2016 | 3.61 |
| 2015 | 2.73 |
| 2014 | 2.62 |
| 2013 | 3.40 |
| 2012 | 3.63 |
| 2011 | 3.08 |
| 2010 | 4.77 |
| 2009 | 3.54 |
| 2008 | 1.63 |
| 2007 | 4.39 |
| 2006 | 4.61 |
| 2005 | 3.83 |