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Di Nikko Engineering Co (TSE:6635) PB Ratio : 0.52 (As of Sep. 25, 2024)


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What is Di Nikko Engineering 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 (2024-09-25), Di Nikko Engineering Co's share price is 円526.00. Di Nikko Engineering Co's Book Value per Share for the quarter that ended in Jun. 2024 was 円1,018.70. Hence, Di Nikko Engineering Co's PB Ratio of today is 0.52.

Good Sign:

Di Nikko Engineering Co Ltd stock PB Ratio (=0.52) is close to 3-year low of 0.47

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

TSE:6635' s PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.59   Max: 1.67
Current: 0.52

During the past 13 years, Di Nikko Engineering Co's highest PB Ratio was 1.67. The lowest was 0.34. And the median was 0.59.

TSE:6635's PB Ratio is ranked better than
90.76% of 2382 companies
in the Hardware industry
Industry Median: 1.83 vs TSE:6635: 0.52

During the past 12 months, Di Nikko Engineering Co's average Book Value Per Share Growth Rate was 18.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Di Nikko Engineering Co was 31.70% per year. The lowest was -10.70% per year. And the median was 1.70% per year.

Back to Basics: PB Ratio


Di Nikko Engineering Co PB Ratio Historical Data

The historical data trend for Di Nikko Engineering 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.

Di Nikko Engineering Co PB Ratio Chart

Di Nikko Engineering Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 1.45 0.78 0.60 0.53

Di Nikko Engineering Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.68 0.61 0.53 0.66 0.62

Competitive Comparison of Di Nikko Engineering Co's PB Ratio

For the Electronic Components subindustry, Di Nikko Engineering 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.


Di Nikko Engineering Co's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Di Nikko Engineering Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Di Nikko Engineering Co's PB Ratio falls into.



Di Nikko Engineering 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.

Di Nikko Engineering Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=526.00/1018.697
=0.52

* 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.


Di Nikko Engineering Co  (TSE:6635) 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.


Di Nikko Engineering Co PB Ratio Related Terms

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


Di Nikko Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
697-1, Nemuro, Tochigi, Nikko, JPN, 321-2342
Di Nikko Engineering Co Ltd engages in the design, test, manufacture, distribution, and return/repair of electronic components and assemblies for original equipment manufacturers in Japan. Its services include the design to production of the circuit implementation of an electronic board used for an electronics product, an OA apparatus, optical goods, and communications equipment.

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