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NEXON Co (TSE:3659) PB Ratio : 2.33 (As of Apr. 28, 2024)


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What is NEXON 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 (2024-04-28), NEXON Co's share price is 円2483.50. NEXON Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円1,064.90. Hence, NEXON Co's PB Ratio of today is 2.33.

Good Sign:

NEXON Co Ltd stock PB Ratio (=2.33) is close to 2-year low of 2.14

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

TSE:3659' s PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 2.33   Max: 4.52
Current: 2.33

During the past 13 years, NEXON Co's highest PB Ratio was 4.52. The lowest was 1.12. And the median was 2.33.

TSE:3659's PB Ratio is ranked worse than
59.33% of 541 companies
in the Interactive Media industry
Industry Median: 1.86 vs TSE:3659: 2.33

During the past 12 months, NEXON Co's average Book Value Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NEXON Co was 58.00% per year. The lowest was 6.90% per year. And the median was 14.80% per year.

Back to Basics: PB Ratio


NEXON Co PB Ratio Historical Data

The historical data trend for NEXON 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.

NEXON Co PB Ratio Chart

NEXON 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 2.06 3.97 2.37 2.97 2.41

NEXON 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 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 2.97 3.11 2.44 2.31 2.41

Competitive Comparison of NEXON Co's PB Ratio

For the Electronic Gaming & Multimedia subindustry, NEXON 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.


NEXON Co's PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's PB Ratio distribution charts can be found below:

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



NEXON 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2483.50/1064.9
=2.33

* 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.


NEXON Co  (TSE:3659) 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.


NEXON Co PB Ratio Related Terms

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


NEXON Co (TSE:3659) Business Description

Traded in Other Exchanges
Address
1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
NEXON Co Ltd provides engaging, high quality, geographically unique games to international users through the development and service of PC online and mobile games. The company's major PC online titles include MapleStory and Dungeon&Fighter and their mobile games include HIT and DomiNations. The games are in approximately 200 countries including China, Korea, Japan, North America, and Europe. The PC segment is responsible for a majority of revenue, while the Mobile segment accounts for a smaller portion. Geographically, over half of the company's revenue is derived from China, roughly one quarter is derived from Korea, and the remainder is derived from Japan, North America, and Europe & Others.

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