Nissin Foods Co (HKSE:01475) Price-to-Tangible-Book : 1.47 (As of May. 12, 2024)

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What is Nissin Foods Co Price-to-Tangible-Book?

As of today (2024-05-12), Nissin Foods Co's share price is HK$5.00. Nissin Foods Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$3.39. Hence, Nissin Foods Co's Price to Tangible Book Ratio of today is 1.47.

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

HKSE:01475' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.05 Med: 1.82 Max: 2.02
Current: 1.47

During the past 10 years, Nissin Foods Co's highest Price to Tangible Book Ratio was 2.02. The lowest was 1.05. And the median was 1.82.

HKSE:01475's Price-to-Tangible-Book is ranked better than
56.04% of 1704 companies
in the Consumer Packaged Goods industry
Industry Median: 1.735 vs HKSE:01475: 1.47

A closely related ratio is called PB Ratio. As of today, Nissin Foods Co's share price is HK$5.00. Nissin Foods Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$3.48. Hence, Nissin Foods Co's P/B Ratio of today is 1.44.

Nissin Foods Co Price-to-Tangible-Book Historical Data

The historical data trend for Nissin Foods Co'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.

Nissin Foods Co Price-to-Tangible-Book Chart

Nissin Foods Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.89

1.82

1.63

2.02

1.84

Nissin Foods Co Quarterly Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	2.02	2.09	1.81	1.84

Competitive Comparison of Nissin Foods Co's Price-to-Tangible-Book

For the Packaged Foods subindustry, Nissin Foods Co'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.

Nissin Foods Co's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissin Foods Co's Price-to-Tangible-Book distribution charts can be found below:

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

Nissin Foods Co Price-to-Tangible-Book Calculation

Nissin Foods Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	5.00	/	3.394
	=	1.47

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.

Nissin Foods Co Price-to-Tangible-Book Related Terms

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

Nissin Foods Co (HKSE:01475) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissin Foods Co Ltd (HKSE:01475) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

4NS:Germany

Address

11-13 Dai Shun Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.nissingroup.com.hk

Nissin Foods Co Ltd is a Hong Kong-based company. The company produces and sell instant noodle, frozen food, retort foods, beverage products and snacks in Hong Kong and China. It sells its products under the brand name NISSIN, DOLL, Cup Noodles, Doll Instant Noodle, and Fuku. The company's operating segments include HK Operations and PRC Operations. It derives a majority of revenue from the PRC Operations segment.

Nissin Foods Co (HKSE:01475) Headlines

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