Nissin Shoji Co (TSE:7490) PB Ratio : 0.29 (As of May. 16, 2024)

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What is Nissin Shoji 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 (2024-05-16), Nissin Shoji Co's share price is 円903.00. Nissin Shoji Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円3,132.42. Hence, Nissin Shoji Co's PB Ratio of today is 0.29.

Good Sign:

Nissin Shoji Co Ltd stock PB Ratio (=0.28) is close to 10-year low of 0.28

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

TSE:7490' s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.32 Max: 0.37
Current: 0.28

During the past 13 years, Nissin Shoji Co's highest PB Ratio was 0.37. The lowest was 0.28. And the median was 0.32.

TSE:7490's PB Ratio is ranked better than
92.4% of 513 companies
in the Conglomerates industry
Industry Median: 1.05 vs TSE:7490: 0.28

During the past 12 months, Nissin Shoji Co's average Book Value Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nissin Shoji Co was 4.80% per year. The lowest was -0.30% per year. And the median was 1.50% per year.

Back to Basics: PB Ratio

Nissin Shoji Co PB Ratio Historical Data

The historical data trend for Nissin Shoji 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.

Nissin Shoji Co PB Ratio Chart

Nissin Shoji Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.32

0.29

0.33

0.31

Nissin Shoji 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															0.30	0.31	0.30	0.29	0.29

Competitive Comparison of Nissin Shoji Co's PB Ratio

For the Conglomerates subindustry, Nissin Shoji 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.

Nissin Shoji Co's PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nissin Shoji Co's PB Ratio distribution charts can be found below:

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

Nissin Shoji 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	903.00	/	3132.419
	=	0.29

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.

Nissin Shoji Co (TSE:7490) 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.

Nissin Shoji Co PB Ratio Related Terms

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

Nissin Shoji Co (TSE:7490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nissin Shoji Co Ltd (TSE:7490) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-3 Shibaura, Minato-ku, 4th Foor, Daiwa Shibaura Building, Tokyo, JPN, 105-0023

Website

https://www.nissin-shoji.co.jp

Nissin Shoji Co Ltd is engaged in the sale of general petroleum products, petrochemical products, synthetic resin products, liquefied petroleum gas, and by-products. The company is also involved in real estate rental business, eating and drinking business, leasing of automobiles and automobile supplies, manufacture and sale of beverages, manufacture, and sale of agricultural materials, agency business related to telecommunications equipment sales and telecommunications service, and other business-related to power generation and power distribution.

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