Nikon (NINOF) Price-to-Tangible-Book

: 1.02 (As of Today)

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As of today (2024-04-19), Nikon's share price is $10.20. Nikon's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $10.03. Hence, Nikon's Price to Tangible Book Ratio of today is 1.02.

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

NINOF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 1.14 Max: 1.77
Current: 1.09

During the past 13 years, Nikon's highest Price to Tangible Book Ratio was 1.77. The lowest was 0.48. And the median was 1.14.

NINOF's Price-to-Tangible-Book is ranked better than
68.67% of 664 companies
in the Travel & Leisure industry
Industry Median: 1.845 vs NINOF: 1.09

A closely related ratio is called PB Ratio. As of today, Nikon's share price is $10.20. Nikon's Book Value per Sharefor the quarter that ended in Dec. 2023 was $13.11. Hence, Nikon's P/B Ratio of today is 0.78.

Nikon Price-to-Tangible-Book Historical Data

The historical data trend for Nikon'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.

Nikon Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

1.19

0.75

0.61

0.85

0.93

Nikon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																0.74	0.93	1.22	1.17	0.94

Competitive Comparison

For the Leisure subindustry, Nikon'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.

Nikon Price-to-Tangible-Book Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Nikon's Price-to-Tangible-Book distribution charts can be found below:

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

Nikon Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	10.20	/	10.032
	=	1.02

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.

Nikon Price-to-Tangible-Book Related Terms

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

Nikon (NINOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Nikon Corp (OTCPK:NINOF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NINOY:USA 7731:Japan NKN:Germany

Address

Konan 2-15-3 Shinagawa Intercity Building C, Minato-ku, Tokyo, JPN, 108-6290

Website

http://www.nikon.co.jp

Nikon manufactures photography and videography equipment. The company organises itself into various segments based on product type: imaging products, precision equipment, instruments, medical, and other business. The imaging products and precision equipment businesses collectively constitute the vast majority of company revenue. The imaging products business, which contributes more than half of consolidated revenue, principally produces digital cameras and interchangeable lenses. The precision equipment business produces semiconductor lithography systems for the production of semiconductors, and FPD lithography systems for the production of LCD and OLED panels.

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