Noritake Co (FRA:NO4) Book Value per Share: €16.53 (As of Mar. 2026)

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FRA:NO4 Noritake Co Ltd FRA:NO4
78 GF Score
Price €18.40
GF Value €11.45
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Noritake Co Book Value per Share?

Noritake Co FRA:NO4 -0.54% 78 Book Value per Share is €16.53 as of Mar. 2026. GuruFocus rates FRA:NO4 with a GF Score™ of 78/100 and a GF Value™ of €11.45 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Noritake Co's book value per share for the quarter that ended in Mar. 2026 was €16.53.

During the past 12 months, Noritake Co's average Book Value Per Share Growth Rate was 14.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Noritake Co was 10.90% per year. The lowest was -8.30% per year. And the median was 6.50% per year.

Noritake Co's current price is €18.40. Its book value per share for the quarter that ended in Mar. 2026 was €16.53. Hence, today's PB Ratio of Noritake Co is 1.11.

During the past 13 years, the highest P/B Ratio of Noritake Co was 1.45. The lowest was 0.40. And the median was 0.64.


Noritake Co  (FRA:NO4) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Noritake Co Book Value per Share Related Terms


Noritake Co Book Value per Share Historical Data

* Premium members only.

The historical data trend for Noritake Co's Book Value per Share 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.

Noritake Co Book Value per Share Chart

Noritake Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.67 15.52 15.58 16.40 16.53

Noritake Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.40 15.85 16.05 15.90 16.53

FRA:NO4 vs MMM, HON: Book Value per Share Comparison

For the Conglomerates subindustry, Noritake Co's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Noritake Co PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Noritake Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Noritake Co's PB Ratio falls into.


FRA:NO4
78GF Score
Noritake Co Ltd FRA:NO4
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noritake Co Book Value per Share Calculation

Noritake Co's Book Value Per Share for the fiscal year that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(908.9-0.0)/55.0
=16.53

Noritake Co's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(908.9-0.0)/55.0
=16.53

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of €16.53 mean?
Noritake Co (FRA:NO4) has a Book Value per Share of €16.53 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Noritake Co and its competitors.
Is Noritake Co's Book Value per Share too high?
Noritake Co's current Book Value per Share is €16.53. Overall, Noritake Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noritake Co's Book Value per Share compare to MMM and HON?
Noritake Co's Book Value per Share of €16.53 can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Conglomerates company?
A good Book Value per Share depends on the Conglomerates industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Noritake Co and its competitors. Noritake Co's current Book Value per Share is €16.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noritake Co stock overvalued right now?
Based on GuruFocus' analysis, Noritake Co (FRA:NO4) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.45, compared to a current price of €18.40 — trading 60.7% above its estimated fair value. The current Book Value per Share is €16.53. Noritake Co's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Noritake Co (FRA:NO4), the current Book Value per Share is €16.53 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Noritake Co (FRA:NO4) Overvalued in 2026?

Based on GuruFocus' analysis, Noritake Co stock appears to be overvalued. The current stock price of €18.40 is trading 60.7% above its estimated GF Value™ of €11.45. GuruFocus considers Noritake Co to be Significantly Overvalued.

Key valuation signals for FRA:NO4:

  • Book Value per Share: €16.53
  • GF Value™: €11.45 vs. price of €18.40 (60.7% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the FRA:NO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noritake Co Business Description

Other Exchanges 5331:Japan
Address 3-1-36, Noritake-shinmachi, Nishi-ku, Nagoya-shi, Aichi, JPN, 451-8501
Noritake Co Ltd is engaged in manufacturing of grinding and polishing tools, electronic component materials and manufacturing equipment. The group has established four different business fields with the application and development of a variety of ceramics manufacturing technologies: Industrial Products, which supports industries with grinding wheels and diamond tools, Ceramics & Materials, which supplies ceramic raw materials to many kinds of manufacturers, Engineering which develops and proposes manufacturing equipment and technologies, and Tabletop, which offers tableware to create rich and luxurious dining.
78GF Score

Get the complete analysis for FRA:NO4

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€18.40
Price
€11.45
GF Value