Nittetsu Mining Co (TSE:1515) PB Ratio: 1.37 (As of Jul. 30, 2026) — 185% Above Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:1515 Nittetsu Mining Co Ltd TSE:1515
64 GF Score
Price 円2,737.00
GF Value 円1,438.32
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nittetsu Mining Co PB Ratio?

Nittetsu Mining Co TSE:1515 +1.37% 64 PB Ratio is 1.37 as of Jul. 30, 2026, which is 185% above its 10-year median of 0.48. GuruFocus rates TSE:1515 with a GF Score™ of 64/100 and a GF Value™ of 円1,438.32 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,354 Metals & Mining companies, Nittetsu Mining Co ranks better than 68.31% on this metric.

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 (2026-07-30), Nittetsu Mining Co's share price is 円2737.00. Nittetsu Mining Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,999.26. Hence, Nittetsu Mining Co's PB Ratio of today is 1.37.

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

TSE:1515' s PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.48   Max: 2.23
Current: 1.37

During the past 13 years, Nittetsu Mining Co's highest PB Ratio was 2.23. The lowest was 0.28. And the median was 0.48.

TSE:1515's PB Ratio is ranked better than
68.31% of 2354 companies
in the Metals & Mining industry
Industry Median: 2.11 vs TSE:1515: 1.37

During the past 12 months, Nittetsu Mining Co's average Book Value Per Share Growth Rate was 11.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nittetsu Mining Co was 12.20% per year. The lowest was -8.50% per year. And the median was 5.40% per year.

Back to Basics: PB Ratio


Nittetsu Mining Co  (TSE:1515) 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.


Nittetsu Mining Co PB Ratio Related Terms


Nittetsu Mining Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Nittetsu Mining 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.

Nittetsu Mining Co PB Ratio Chart

Nittetsu Mining Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.45 0.59 0.73 1.24

Nittetsu Mining Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 0.73 0.83 1.06 1.17 1.24

TSE:1515 vs SCCO, FCX: PB Ratio Comparison

For the Copper subindustry, Nittetsu Mining 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.


Nittetsu Mining Co PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nittetsu Mining Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nittetsu Mining Co's PB Ratio falls into.


TSE:1515
64GF Score
Nittetsu Mining Co Ltd TSE:1515
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nittetsu Mining 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.

Nittetsu Mining Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2737.00/1999.263
=1.37

* 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.

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

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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.37 mean?
Nittetsu Mining Co (TSE:1515) has a PB Ratio of 1.37 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nittetsu Mining Co and its competitors. This is 185% above median its historical median of 0.48. Over the past decade, Nittetsu Mining Co's PB Ratio has ranged from 0.28 to 2.23. According to the industry distribution chart, Nittetsu Mining Co ranks #746 out of 2354 companies in the Metals & Mining industry, placing it in the top 31.7%.
Is Nittetsu Mining Co's PB Ratio too high?
Nittetsu Mining Co's current PB Ratio of 1.37 is 185% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.23. The Metals & Mining industry median PB Ratio is 2.11. Nittetsu Mining Co's value of 1.37 is 35.1% below this industry median. Based on the distribution chart, Nittetsu Mining Co ranks #746 out of 2354 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Nittetsu Mining Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nittetsu Mining Co's PB Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Nittetsu Mining Co ranks #746 out of 2354 companies for PB Ratio. This puts Nittetsu Mining Co in the upper half of its industry. The industry median PB Ratio is 2.11. Nittetsu Mining Co's value of 1.37 is 35.1% below this benchmark. Historically, Nittetsu Mining Co's own PB Ratio has ranged from 0.28 to 2.23 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 2.11, Nittetsu Mining Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.11, based on 2,354 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nittetsu Mining Co's current PB Ratio of 1.37 is 35.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nittetsu Mining Co and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittetsu Mining Co's current PB Ratio is 1.37, which is 185% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittetsu Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Nittetsu Mining Co (TSE:1515) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,438.32, compared to a current price of 円2,737.00 — trading 90.3% above its estimated fair value. The current PB Ratio is 1.37, which is 185% above median its 10-year median of 0.48 and 35.1% below the Metals & Mining industry median of 2.11. Nittetsu Mining Co's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Nittetsu Mining Co (TSE:1515), the current PB Ratio is 1.37 as of Jul. 30, 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 Nittetsu Mining Co (TSE:1515) Overvalued in 2026?

Based on GuruFocus' analysis, Nittetsu Mining Co stock appears to be overvalued. The current stock price of 円2,737.00 is trading 90.3% above its estimated GF Value™ of 円1,438.32. GuruFocus considers Nittetsu Mining Co to be Significantly Overvalued.

Key valuation signals for TSE:1515:

  • PB Ratio: 1.37 (185% above median its 10-year median of 0.48)
  • GF Value™: 円1,438.32 vs. price of 円2,737.00 (90.3% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 35.1% below the Metals & Mining median (#746 of 2354)

No single metric tells the full story. See the TSE:1515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nittetsu Mining Co Business Description

Other Exchanges 7GI:Germany
Address Yusen Building 3-2, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8377
Nittetsu Mining Co Ltd is a Japanese mining company that deals in both metal and non-metal mineral resources. The company comprises the following main business segments - Non-Metallic Minerals, Metallic Minerals, Machinery and Environmental Engineering, Real Estate, and Renewable Energy. The company also involved in the purchasing and distribution of coal and petroleum products, machinery and environment-related products.
64GF Score

Get the complete analysis for TSE:1515

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

円2,737.00
Price
円1,438.32
GF Value