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Nipponnso Holdings (Nipponnso Holdings) PB Ratio : 2.19 (As of Apr. 29, 2024)


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What is Nipponnso Holdings 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 (2024-04-29), Nipponnso Holdings's share price is $29.45. Nipponnso Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $13.46. Hence, Nipponnso Holdings's PB Ratio of today is 2.19.

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

TYNPF' s PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.74   Max: 2.91
Current: 2.35

During the past 13 years, Nipponnso Holdings's highest PB Ratio was 2.91. The lowest was 1.05. And the median was 1.74.

TYNPF's PB Ratio is ranked worse than
65.88% of 1533 companies
in the Chemicals industry
Industry Median: 1.59 vs TYNPF: 2.35

During the past 12 months, Nipponnso Holdings's average Book Value Per Share Growth Rate was 22.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 20.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nipponnso Holdings was 20.90% per year. The lowest was -2.50% per year. And the median was 7.35% per year.

Back to Basics: PB Ratio


Nipponnso Holdings PB Ratio Historical Data

The historical data trend for Nipponnso Holdings'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.

Nipponnso Holdings PB Ratio Chart

Nipponnso Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.67 1.64 1.42

Nipponnso Holdings 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 1.25 1.42 1.64 1.79 2.00

Competitive Comparison of Nipponnso Holdings's PB Ratio

For the Chemicals subindustry, Nipponnso Holdings'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.


Nipponnso Holdings's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nipponnso Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nipponnso Holdings's PB Ratio falls into.



Nipponnso Holdings 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.

Nipponnso Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=29.45/13.461
=2.19

* 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.


Nipponnso Holdings  (OTCPK:TYNPF) 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.


Nipponnso Holdings PB Ratio Related Terms

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Nipponnso Holdings (Nipponnso Holdings) Business Description

Traded in Other Exchanges
Address
Toyo Building 1-3-26, Koyama, Shinagawa-ku, Tokyo, JPN, 142-8558
Nippon Sanso Holdings Group is the leading industrial gases manufacturer in Japan. The company's three main business domains are the industrial gases business, the electronics business, and the Thermos business. The company has a global presence with a majority of its revenue coming from the gas business in Japan. The industrial gases operation supplies the steelmaking, chemical, and automotive industries and provides medical products. The industrial gases domain dramatically expanded following the Praxair, Inc. acquisition that added a new business vertical. The electronics business has a supply chain in east Asia and is a hub for major semiconductor manufacturers.

Nipponnso Holdings (Nipponnso Holdings) Headlines

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