Nitto Kohki Co (TSE:6151) PB Ratio : 0.75 (As of May. 14, 2024)

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What is Nitto Kohki 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 (2024-05-14), Nitto Kohki Co's share price is 円2247.00. Nitto Kohki Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,988.67. Hence, Nitto Kohki Co's PB Ratio of today is 0.75.

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

TSE:6151' s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.91 Max: 1.3
Current: 0.75

During the past 13 years, Nitto Kohki Co's highest PB Ratio was 1.30. The lowest was 0.52. And the median was 0.91.

TSE:6151's PB Ratio is ranked better than
85.7% of 2931 companies
in the Industrial Products industry
Industry Median: 1.93 vs TSE:6151: 0.75

During the past 12 months, Nitto Kohki Co's average Book Value Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nitto Kohki Co was 7.40% per year. The lowest was 0.20% per year. And the median was 3.70% per year.

Back to Basics: PB Ratio

Nitto Kohki Co PB Ratio Historical Data

The historical data trend for Nitto Kohki 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.

Nitto Kohki Co PB Ratio Chart

Nitto Kohki Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.85

0.65

0.72

0.57

0.63

Nitto Kohki Co 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															0.52	0.63	0.68	0.66	0.62

Competitive Comparison of Nitto Kohki Co's PB Ratio

For the Specialty Industrial Machinery subindustry, Nitto Kohki 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.

Nitto Kohki Co's PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Nitto Kohki Co's PB Ratio falls into.

Nitto Kohki 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.

Nitto Kohki Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2247.00	/	2988.671
	=	0.75

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.

Nitto Kohki Co (TSE:6151) 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.

Nitto Kohki Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Nitto Kohki Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nitto Kohki Co (TSE:6151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitto Kohki Co Ltd (TSE:6151) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-4, Nakaikegami 2-Chome, Ohta-ku, Tokyo, JPN, 146-8555

Website

http://www.nitto-kohki.co.jp

Nitto Kohki Co Ltd is a Japan-based company that operates in four segments. The couplings segment develops, manufactures, and sells quick-connecting fluid couplings under the Cupla brand. The machine tools segment manufactures machine tools for various functions including drilling, cutting, sanding, chamfering, and so on. The linear pumps segment manufactures and sells pump products that are incorporated into equipment in the housing, medical healthcare, hair, and various other fields. The door closers segment offers various door-closer products utilized in different kinds of doors. The company generates the majority of its sales from the Japanese domestic market, and the rest from overseas markets.

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