Nadex Co (TSE:7435) PB Ratio: 0.48 (As of Jul. 17, 2026) — Near Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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:7435 Nadex Co Ltd TSE:7435
70 GF Score
Price 円1,215.00
GF Value 円1,136.17
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Nadex Co PB Ratio?

Nadex Co TSE:7435 +1.08% 70 PB Ratio is 0.48 as of Jul. 17, 2026, which is 4% above its 10-year median of 0.46. GuruFocus rates TSE:7435 with a GF Score™ of 70/100 and a GF Value™ of 円1,136.17 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,982 Industrial Products companies, Nadex Co ranks better than 93.29% 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 (2026-07-17), Nadex Co's share price is 円1215.00. Nadex Co's Book Value per Share for the quarter that ended in Apr. 2026 was 円2,536.19. Hence, Nadex Co's PB Ratio of today is 0.48.

Warning Sign:

Nadex Co Ltd stock PB Ratio (=0.51) is close to 2-year high of 0.56.

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

TSE:7435' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.46   Max: 1.19
Current: 0.48

During the past 13 years, Nadex Co's highest PB Ratio was 1.19. The lowest was 0.33. And the median was 0.46.

TSE:7435's PB Ratio is ranked better than
93.29% of 2982 companies
in the Industrial Products industry
Industry Median: 2.14 vs TSE:7435: 0.48

During the past 12 months, Nadex Co's average Book Value Per Share Growth Rate was 13.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nadex Co was 13.40% per year. The lowest was -7.10% per year. And the median was 6.85% per year.

Back to Basics: PB Ratio


Nadex Co  (TSE:7435) 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.


Nadex Co PB Ratio Related Terms


Nadex Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Nadex 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.

Nadex Co PB Ratio Chart

Nadex Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.50 0.48 0.39 0.42

Nadex Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.48 0.45 0.39 0.43 0.42

TSE:7435 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nadex 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.


Nadex Co PB Ratio vs Industrial Products Industry

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

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


TSE:7435
70GF Score
Nadex Co Ltd TSE:7435
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nadex 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=1215.00/2536.189
=0.48

* 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 0.48 mean?
Nadex Co (TSE:7435) has a PB Ratio of 0.48 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nadex Co and its competitors. This is near median its historical median of 0.46. Over the past decade, Nadex Co's PB Ratio has ranged from 0.33 to 1.19. According to the industry distribution chart, Nadex Co ranks #200 out of 2982 companies in the Industrial Products industry, placing it in the top 6.7%.
Is Nadex Co's PB Ratio too high?
Nadex Co's current PB Ratio of 0.48 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.19. The Industrial Products industry median PB Ratio is 2.14. Nadex Co's value of 0.48 is 77.6% below this industry median. Based on the distribution chart, Nadex Co ranks #200 out of 2982 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nadex Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nadex Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nadex Co ranks #200 out of 2982 companies for PB Ratio. This places Nadex Co in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.14. Nadex Co's value of 0.48 is 77.6% below this benchmark. Historically, Nadex Co's own PB Ratio has ranged from 0.33 to 1.19 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 2.14, Nadex 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.14, based on 2,982 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. Nadex Co's current PB Ratio of 0.48 is 77.6% 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 Nadex Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nadex Co's current PB Ratio is 0.48, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nadex Co stock overvalued right now?
Based on GuruFocus' analysis, Nadex Co (TSE:7435) is currently considered Fairly Valued. The stock's GF Value™ is 円1,136.17, compared to a current price of 円1,215.00 — trading 6.9% above its estimated fair value. The current PB Ratio is 0.48, which is near median its 10-year median of 0.46 and 77.6% below the Industrial Products industry median of 2.14. Nadex Co's overall GF Score™ is 70/100 with 5 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 Nadex Co (TSE:7435), the current PB Ratio is 0.48 as of Jul. 17, 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 Nadex Co (TSE:7435) Overvalued in 2026?

Based on GuruFocus' analysis, Nadex Co stock appears to be overvalued. The current stock price of 円1,215.00 is trading 6.9% above its estimated GF Value™ of 円1,136.17. GuruFocus considers Nadex Co to be Fairly Valued.

Key valuation signals for TSE:7435:

  • PB Ratio: 0.48 (near median its 10-year median of 0.46)
  • GF Value™: 円1,136.17 vs. price of 円1,215.00 (6.9% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 77.6% below the Industrial Products median (#200 of 2982)

No single metric tells the full story. See the TSE:7435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nadex Co Business Description

Address 9-27 Furuwatari-cho, Naka-ku, Nagoya, Aichi, JPN, 460-8338
Nadex Co Ltd is engaged in the manufacturing, sale, and marketing of bonding material and installation work. It develops factory automation systems as well as manufactures, designs, and sells electronic control equipment. its product includes Resistance welding, Arc welding, laser, Plasma welding, Welding rod-welding wire, Industrial robot, NC processing machine, Equipment for hemming.
70GF Score

Get the complete analysis for TSE:7435

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

円1,215.00
Price
円1,136.17
GF Value