Ad-Sol Nissin (TSE:3837) PB Ratio : 2.12 (As of May. 27, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Ad-Sol Nissin 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 (2024-05-27), Ad-Sol Nissin's share price is 円1619.00. Ad-Sol Nissin's Book Value per Share for the quarter that ended in Dec. 2023 was 円763.75. Hence, Ad-Sol Nissin's PB Ratio of today is 2.12.

Good Sign:

Ad-Sol Nissin Corp stock PB Ratio (=2.11) is close to 1-year low of 2.04

The historical rank and industry rank for Ad-Sol Nissin's PB Ratio or its related term are showing as below:

TSE:3837' s PB Ratio Range Over the Past 10 Years
Min: 0.82 Med: 2.77 Max: 6.06
Current: 2.12

During the past 13 years, Ad-Sol Nissin's highest PB Ratio was 6.06. The lowest was 0.82. And the median was 2.77.

TSE:3837's PB Ratio is ranked better than
60.77% of 2577 companies
in the Software industry
Industry Median: 2.66 vs TSE:3837: 2.12

During the past 12 months, Ad-Sol Nissin's average Book Value Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ad-Sol Nissin was 13.90% per year. The lowest was -17.70% per year. And the median was 12.20% per year.

Back to Basics: PB Ratio

Ad-Sol Nissin PB Ratio Historical Data

The historical data trend for Ad-Sol Nissin'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.

Ad-Sol Nissin PB Ratio Chart

Ad-Sol Nissin Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

3.64

4.37

4.94

2.57

2.39

Ad-Sol Nissin 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															1.96	2.39	2.39	2.30	2.04

Competitive Comparison of Ad-Sol Nissin's PB Ratio

For the Information Technology Services subindustry, Ad-Sol Nissin'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.

Ad-Sol Nissin's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Ad-Sol Nissin's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ad-Sol Nissin's PB Ratio falls into.

Ad-Sol Nissin 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.

Ad-Sol Nissin's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1619.00	/	763.747
	=	2.12

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.

Ad-Sol Nissin (TSE:3837) 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.

Ad-Sol Nissin PB Ratio Related Terms

Thank you for viewing the detailed overview of Ad-Sol Nissin's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ad-Sol Nissin (TSE:3837) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ad-Sol Nissin Corp (TSE:3837) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Riverge Shinagawa 4 - chome, Minato - ku, Tokyo, JPN, 108-0075

Website

http://www.adniss.jp

Ad-Sol Nissin Corp develops information systems for enterprises. The company provides Social Infrastructure Business, Advanced Industry Business, IoX Integrated Engineering Business, and Security solutions. The Social Infrastructure Business develops system integration services in social infrastructures such as energy, road, aerospace, and others. Advanced Industry Business promotes Next Generation EV Vehicle, Industrial Equipment, and others. The IoX Integrated Engineering Business propose solutions such as AI. Big Data, Wireless, and others, and Security Solution protect IoT devices from cyber attacks.

Ad-Sol Nissin (TSE:3837) Headlines

No Headlines