Sonoco Products Company

NYSE SON

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Sonoco Products Company Price to Book Ratio (P/B) on June 03, 2024: 2.49

Sonoco Products Company Price to Book Ratio (P/B) is 2.49 on June 03, 2024, a -9.08% 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.
  • Sonoco Products Company 52-week high Price to Book Ratio (P/B) is 2.82 on June 07, 2023, which is 13.41% above the current Price to Book Ratio (P/B).
  • Sonoco Products Company 52-week low Price to Book Ratio (P/B) is 2.11 on October 23, 2023, which is -15.28% below the current Price to Book Ratio (P/B).
  • Sonoco Products Company average Price to Book Ratio (P/B) for the last 52 weeks is 2.37.
NYSE: SON

Sonoco Products Company

CEO Mr. Robert Howard Coker
IPO Date June 11, 1985
Location United States
Headquarters 1 North Second Street, Hartsville, SC, United States, 29550
Employees 22,000
Sector Consumer Cyclical
Industry Packaging & containers
Description

Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates Consumer Packaging and Industrial Paper Packaging segments. The Consumer Packaging segment offers round and shaped rigid paper, steel, and plastic containers; metal and peelable membrane ends, closures, and components; thermoformed plastic trays and enclosures; and high-barrier flexible packaging products. The Industrial Paper Packaging segment provides paperboard tubes, cones, and cores; paper-based protective packaging products; and uncoated recycled paperboard products. It also offers various packaging materials, including plastic, paper, foam, and other specialty materials. Sonoco Products Company sells its products in various markets, which include paper, textile, film, food, packaging, construction, and wire and cable. The company was founded in 1899 and is headquartered in Hartsville, South Carolina.

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StockViz Staff

September 16, 2024

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