Nippon Shokubai Co (Nippon Shokubai Co) Price-to-Tangible-Book : 0.55 (As of Apr. 29, 2024)

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What is Nippon Shokubai Co Price-to-Tangible-Book?

As of today (2024-04-29), Nippon Shokubai Co's share price is $9.01. Nippon Shokubai Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $16.46. Hence, Nippon Shokubai Co's Price to Tangible Book Ratio of today is 0.55.

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

NSHKF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.57 Med: 0.89 Max: 1.37
Current: 0.63

During the past 13 years, Nippon Shokubai Co's highest Price to Tangible Book Ratio was 1.37. The lowest was 0.57. And the median was 0.89.

NSHKF's Price-to-Tangible-Book is ranked better than
88.2% of 1492 companies
in the Chemicals industry
Industry Median: 1.815 vs NSHKF: 0.63

A closely related ratio is called PB Ratio. As of today, Nippon Shokubai Co's share price is $9.01. Nippon Shokubai Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $16.71. Hence, Nippon Shokubai Co's P/B Ratio of today is 0.54.

Nippon Shokubai Co Price-to-Tangible-Book Historical Data

The historical data trend for Nippon Shokubai 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.

Nippon Shokubai Co Price-to-Tangible-Book Chart

Nippon Shokubai Co Annual Data

Trend

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Price-to-Tangible-Book

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Nippon Shokubai Co 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	Get a 7-Day Free Trial															-	-	-	-	0.55

Competitive Comparison of Nippon Shokubai Co's Price-to-Tangible-Book

For the Chemicals subindustry, Nippon Shokubai 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.

Nippon Shokubai Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Shokubai Co's Price-to-Tangible-Book distribution charts can be found below:

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

Nippon Shokubai Co Price-to-Tangible-Book Calculation

Nippon Shokubai 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 )
	=	9.01	/	16.458
	=	0.55

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.

Nippon Shokubai Co Price-to-Tangible-Book Related Terms

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Nippon Shokubai Co (Nippon Shokubai Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Shokubai Co Ltd (OTCPK:NSHKF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

4114:Japan

Address

4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN

Website

http://www.shokubai.co.jp

Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.

Nippon Shokubai Co (Nippon Shokubai Co) Headlines

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