Nidec (NJDCY) Price-to-Tangible-Book : 3.77 (As of Apr. 24, 2024)

View and export this data going back to 2001. Start your Free Trial

What is Nidec Price-to-Tangible-Book?

As of today (2024-04-24), Nidec's share price is $10.89. Nidec's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $2.89. Hence, Nidec's Price to Tangible Book Ratio of today is 3.77.

The historical rank and industry rank for Nidec's Price-to-Tangible-Book or its related term are showing as below:

NJDCY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.49 Med: 6.13 Max: 15.59
Current: 4.16

During the past 13 years, Nidec's highest Price to Tangible Book Ratio was 15.59. The lowest was 3.49. And the median was 6.13.

NJDCY's Price-to-Tangible-Book is ranked worse than
78.1% of 2822 companies
in the Industrial Products industry
Industry Median: 2.07 vs NJDCY: 4.16

A closely related ratio is called PB Ratio. As of today, Nidec's share price is $10.89. Nidec's Book Value per Sharefor the quarter that ended in Mar. 2024 was $4.77. Hence, Nidec's P/B Ratio of today is 2.29.

Nidec Price-to-Tangible-Book Historical Data

The historical data trend for Nidec's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nidec Price-to-Tangible-Book Chart

Nidec Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

7.46

13.44

7.39

5.19

3.55

Nidec Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															5.19	4.97	4.03	3.56	3.55

Competitive Comparison of Nidec's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Nidec's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nidec's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nidec's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nidec's Price-to-Tangible-Book falls into.

Nidec Price-to-Tangible-Book Calculation

Nidec's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	10.89	/	2.892
	=	3.77

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Nidec Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Nidec's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Nidec (NJDCY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nidec Corp (OTCPK:NJDCY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NNDNF:USA NIDEC:Mexico 6594:Japan NIB:Germany NIB:Austria

Address

338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205

Website

http://www.nidec.com

Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations. Nidec sets an ambitious target to increase its revenue to JPY 3 trillion in fiscal 2025 from JPY 1.9 trillion in fiscal 2021.