NTN (FRA:NTN) PB Ratio : 0.62 (As of May. 12, 2024)

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What is NTN PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-12), NTN's share price is €1.80. NTN's Book Value per Share for the quarter that ended in Dec. 2023 was €2.90. Hence, NTN's PB Ratio of today is 0.62.

The historical rank and industry rank for NTN's PB Ratio or its related term are showing as below:

FRA:NTN' s PB Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.86 Max: 1.73
Current: 0.68

During the past 13 years, NTN's highest PB Ratio was 1.73. The lowest was 0.43. And the median was 0.86.

FRA:NTN's PB Ratio is ranked better than
88.32% of 2928 companies
in the Industrial Products industry
Industry Median: 1.94 vs FRA:NTN: 0.68

During the past 12 months, NTN's average Book Value Per Share Growth Rate was 16.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NTN was 13.10% per year. The lowest was -12.40% per year. And the median was 0.10% per year.

Back to Basics: PB Ratio

NTN PB Ratio Historical Data

The historical data trend for NTN's PB Ratio 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.

NTN PB Ratio Chart

NTN Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

0.76

0.64

1.05

0.55

0.79

NTN Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.68	0.79	0.64	0.60	0.56

Competitive Comparison of NTN's PB Ratio

For the Tools & Accessories subindustry, NTN'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.

NTN's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NTN's PB Ratio distribution charts can be found below:

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

NTN PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

NTN's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.80	/	2.895
	=	0.62

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

NTN (FRA:NTN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

NTN PB Ratio Related Terms

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NTN (FRA:NTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NTN Corp (FRA:NTN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

6472:Japan NTN:Germany

Address

3-17, 1-chome, Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003

Website

http://www.ntn.co.jp

NTN Corp is a Japan-based company that manufactures and sells bearings, constant velocity joints, precision equipment, aftermarket parts, and other mechanical parts. The company's products are used in a wide range of applications, including automobile, electric vehicle, rolling stock, wind turbine, construction and mining machinery, agricultural machinery, machine tools, office equipment, steel manufacturing machinery, paper manufacturing machinery, food machinery, medical equipment, aerospace, and robots. The company has a global presence, with Japan, the Americas, and Europe the three largest markets for the company.