Sealed Air Corporation

NYSE SEE

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Sealed Air Corporation Price to Book Ratio (P/B) on June 03, 2024: 9.63

Sealed Air Corporation Price to Book Ratio (P/B) is 9.63 on June 03, 2024, a -41.36% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Sealed Air Corporation 52-week high Price to Book Ratio (P/B) is 16.81 on June 16, 2023, which is 74.63% above the current Price to Book Ratio (P/B).
  • Sealed Air Corporation 52-week low Price to Book Ratio (P/B) is 7.66 on April 30, 2024, which is -20.42% below the current Price to Book Ratio (P/B).
  • Sealed Air Corporation average Price to Book Ratio (P/B) for the last 52 weeks is 11.87.
NYSE: SEE

Sealed Air Corporation

CEO Mr. Edward L. Doheny II
IPO Date Dec. 30, 1987
Location United States
Headquarters 2415 Cascade Pointe Boulevard, Charlotte, NC, United States, 28208
Employees 17,000
Sector Consumer Cyclical
Industry Packaging & containers
Description

Sealed Air Corporation provides packaging solutions in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety, shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, fluids and liquids and cheese markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, LIQUIBOX, Simple Steps, and Optidure brands. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Protective segment provides shrink films, bagging systems, foam, inflatable, and suspension and retention packaging solutions to protect goods to e-commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing markets under the SEALED AIR, BUBBLE WRAP, AUTOBAG, Instapak, and Korrvu brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, logistics partners, and e-commerce/fulfillment operations. The company was incorporated in 1960 and is headquartered in Charlotte, North Carolina.

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StockViz Staff

September 16, 2024

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