NURAF (Nomura Research Institute) Book Value per Share: $4.76 (As of Mar. 2026)

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NURAF Nomura Research Institute Ltd NURAF
88 GF Score
Price $30.95
GF Value $30.66
Valuation Fairly Valued
! 4 Warning Signs
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What is Nomura Research Institute Book Value per Share?

Nomura Research Institute NURAF 88 Book Value per Share is $4.76 as of Mar. 2026. GuruFocus rates NURAF with a GF Score™ of 88/100 and a GF Value™ of $30.66 (Fairly Valued). The stock has 4 warning signs investors should review.

Nomura Research Institute's book value per share for the quarter that ended in Mar. 2026 was $4.76.

During the past 12 months, Nomura Research Institute's average Book Value Per Share Growth Rate was -0.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.60% 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 Nomura Research Institute was 17.30% per year. The lowest was -10.60% per year. And the median was 5.20% per year.

Nomura Research Institute's current price is $30.95. Its book value per share for the quarter that ended in Mar. 2026 was $4.76. Hence, today's PB Ratio of Nomura Research Institute is 6.50.

During the past 13 years, the highest P/B Ratio of Nomura Research Institute was 9.80. The lowest was 1.82. And the median was 5.89.


Nomura Research Institute  (OTCPK:NURAF) 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.


Nomura Research Institute Book Value per Share Related Terms


Nomura Research Institute Book Value per Share Historical Data

* Premium members only.

The historical data trend for Nomura Research Institute'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.

Nomura Research Institute Book Value per Share Chart

Nomura Research Institute 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 4.85 5.05 4.63 5.09 4.76

Nomura Research Institute 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 5.09 5.37 5.63 5.61 4.76

NURAF vs IBM, ACN, FISV: Book Value per Share Comparison

For the Information Technology Services subindustry, Nomura Research Institute'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.


Nomura Research Institute PB Ratio vs Software Industry

For the Software industry and Technology sector, Nomura Research Institute's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nomura Research Institute's PB Ratio falls into.


NURAF
88GF Score
Nomura Research Institute Ltd NURAF
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Research Institute Book Value per Share Calculation

Nomura Research Institute'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)
=(2,734-0)/574
=4.76

Nomura Research Institute'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)
=(2,734-0)/574
=4.76

* 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 $4.76 mean?
Nomura Research Institute (NURAF) has a Book Value per Share of $4.76 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Nomura Research Institute and its competitors.
Is Nomura Research Institute's Book Value per Share too high?
Nomura Research Institute's current Book Value per Share is $4.76. Overall, Nomura Research Institute has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's Book Value per Share compare to IBM and ACN?
Nomura Research Institute's Book Value per Share of $4.76 can be compared against companies in the Software 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 Software company?
A good Book Value per Share depends on the Software 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 Nomura Research Institute and its competitors. Nomura Research Institute's current Book Value per Share is $4.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Nomura Research Institute (NURAF) is currently considered Fairly Valued. The stock's GF Value™ is $30.66, compared to a current price of $30.95 — trading 0.9% above its estimated fair value. The current Book Value per Share is $4.76. Nomura Research Institute's overall GF Score™ is 88/100 with 4 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 Nomura Research Institute (NURAF), the current Book Value per Share is $4.76 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 Nomura Research Institute (NURAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Research Institute stock appears to be overvalued. The current stock price of $30.95 is trading 0.9% above its estimated GF Value™ of $30.66. GuruFocus considers Nomura Research Institute to be Fairly Valued.

Key valuation signals for NURAF:

  • Book Value per Share: $4.76
  • GF Value™: $30.66 vs. price of $30.95 (0.9% above fair value)
  • GF Score™: 88/100 with 4 warning signs

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


Nomura Research Institute Business Description

Address 1-9-2 Otemachi, Otemachi Financial City Grand Cube, Chiyoda-ku, Tokyo, JPN, 100-0004
Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.
88GF Score

Get the complete analysis for NURAF

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

$30.95
Price
$30.66
GF Value