NPNGY (Nippon Gas Co) PB Ratio : 3.94 (As of Dec. 15, 2024)

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What is Nippon Gas Co 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 (2024-12-15), Nippon Gas Co's share price is $8.15. Nippon Gas Co's Book Value per Share for the quarter that ended in Sep. 2024 was $2.07. Hence, Nippon Gas Co's PB Ratio of today is 3.94.

Good Sign:

Nippon Gas Co Ltd stock PB Ratio (=3.6) is close to 1-year low of 3.43

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

NPNGY' s PB Ratio Range Over the Past 10 Years
Min: 1.25 Med: 2.83 Max: 4.94
Current: 3.6

During the past 13 years, Nippon Gas Co's highest PB Ratio was 4.94. The lowest was 1.25. And the median was 2.83.

NPNGY's PB Ratio is ranked worse than
89.5% of 505 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs NPNGY: 3.60

During the past 12 months, Nippon Gas Co's average Book Value Per Share Growth Rate was -7.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nippon Gas Co was 19.80% per year. The lowest was -4.10% per year. And the median was 4.60% per year.

Back to Basics: PB Ratio

Nippon Gas Co PB Ratio Historical Data

The historical data trend for Nippon Gas Co'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.

Nippon Gas Co PB Ratio Chart

Nippon Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

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3.75

Nippon Gas Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															3.58	3.59	3.75	-	3.94

Competitive Comparison of Nippon Gas Co's PB Ratio

For the Utilities - Regulated Gas subindustry, Nippon Gas 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.

Nippon Gas Co's PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's PB Ratio distribution charts can be found below:

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

Nippon Gas Co 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.

Nippon Gas Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	8.15	/	2.068
	=	3.94

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.

Nippon Gas Co (OTCPK:NPNGY) 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.

Nippon Gas Co PB Ratio Related Terms

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Nippon Gas Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Nippon Gas Co Ltd (OTCPK:NPNGY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

8174:Japan NG0:Germany

Address

10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540

Website

http://www.nichigas.co.jp

Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

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