Timken Company

NYSE TKR

Data sourced from

and

Daily

Download Data

Timken Company Price to Book Ratio (P/B) on June 03, 2024: 2.31

Timken Company Price to Book Ratio (P/B) is 2.31 on June 03, 2024, a -3.77% 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.

Timken Company 52-week high Price to Book Ratio (P/B) is 2.82 on June 29, 2023, which is 22.20% above the current Price to Book Ratio (P/B).
Timken Company 52-week low Price to Book Ratio (P/B) is 1.99 on October 27, 2023, which is -13.86% below the current Price to Book Ratio (P/B).
Timken Company average Price to Book Ratio (P/B) for the last 52 weeks is 2.29.

NYSE: TKR

Timken Company

CEO	Mr. Richard G. Kyle
IPO Date	July 1, 1985
Location	United States
Headquarters	4500 Mount Pleasant Street NW, North Canton, OH, United States, 44720-5450
Employees	19,000
Sector	Industrials
Industry	Tools & accessories

Description

The Timken Company designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally. The company's Engineered Bearings segment provides various bearing products, including tapered, spherical, and cylindrical roller bearings; plain bearings, metal-polymer bearings, and rod end bearings; radial, angular, and precision ball bearings; thrust and specialty ball bearings; journal bearings; and housed or mounted bearings. This segment serves wind energy, agriculture, construction, food and beverage, metals and mining, automotive and truck, aerospace, rail, and other industries under the Timken, GGB, and Fafnir brands. Its Industrial Motion segment offers a portfolio of engineered products comprising industrial drives, automatic lubrication systems, linear motion products and systems, chains, belts, seals, couplings, filtration systems, and industrial clutches and brakes. It also provides industrial drivetrain and bearing repairing services. This segment serves a range of industries, such as solar energy, automation, construction, agriculture and turf, passenger rail, marine, aerospace, packaging and logistics, medical, and others under the Philadelphia Gear, Cone Drive, Rollon, Nadella, Groeneveld, BEKA, Diamond, Drives, Timken Belts, Spinea, Des-Case, Lagersmit, Lovejoy, and PT Tech brands. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.

Key trends