Nikko Co (NGO:5343) PB Ratio: 1.95 (As of Jul. 11, 2026) — 48% Below Median


NGO:5343 Nikko Co NGO:5343
57 GF Score
Price 円187.00
GF Value 円134.84
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nikko Co PB Ratio?

Nikko Co NGO:5343 +0.54% 57 PB Ratio is 1.95 as of Jul. 11, 2026, which is 48% below its 10-year median of 3.72. GuruFocus rates NGO:5343 with a GF Score™ of 57/100 and a GF Value™ of 円134.84 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,979 Industrial Products companies, Nikko Co ranks better than 56.06% 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 (2026-07-11), Nikko Co's share price is 円187.00. Nikko Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円95.70. Hence, Nikko Co's PB Ratio of today is 1.95.

Good Sign:

Nikko Co stock PB Ratio (=1.95) is close to 10-year low of 1.85.

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

NGO:5343' s PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.72   Max: 6.45
Current: 1.95

During the past 13 years, Nikko Co's highest PB Ratio was 6.45. The lowest was 1.85. And the median was 3.72.

NGO:5343's PB Ratio is ranked better than
56.06% of 2979 companies
in the Industrial Products industry
Industry Median: 2.23 vs NGO:5343: 1.95

During the past 12 months, Nikko Co's average Book Value Per Share Growth Rate was 55.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 59.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 24.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nikko Co was 59.20% per year. The lowest was -45.50% per year. And the median was -6.80% per year.

Back to Basics: PB Ratio


Nikko Co  (NGO:5343) 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.


Nikko Co PB Ratio Related Terms


Nikko Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Nikko 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.

Nikko Co PB Ratio Chart

Nikko Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.69 6.24 4.81 2.37 2.12

Nikko Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.81 2.90 2.37 2.19 2.12

NGO:5343 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nikko 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.


Nikko Co PB Ratio vs Industrial Products Industry

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

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


NGO:5343
57GF Score
Nikko Co NGO:5343
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikko 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=187.00/95.697
=1.95

* 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 1.95 mean?
Nikko Co (NGO:5343) has a PB Ratio of 1.95 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nikko Co and its competitors. This is 48% below median its historical median of 3.72. Over the past decade, Nikko Co's PB Ratio has ranged from 1.85 to 6.45. According to the industry distribution chart, Nikko Co ranks #1309 out of 2979 companies in the Industrial Products industry, placing it in the top 43.9%.
Is Nikko Co's PB Ratio too high?
Nikko Co's current PB Ratio of 1.95 is 48% below median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 6.45. The Industrial Products industry median PB Ratio is 2.23. Nikko Co's value of 1.95 is 12.6% below this industry median. Based on the distribution chart, Nikko Co ranks #1309 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nikko Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikko Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nikko Co ranks #1309 out of 2979 companies for PB Ratio. This puts Nikko Co in the upper half of its industry. The industry median PB Ratio is 2.23. Nikko Co's value of 1.95 is 12.6% below this benchmark. Historically, Nikko Co's own PB Ratio has ranged from 1.85 to 6.45 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 2.23, Nikko 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 2.23, based on 2,979 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. Nikko Co's current PB Ratio of 1.95 is 12.6% 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 Nikko Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikko Co's current PB Ratio is 1.95, which is 48% below median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikko Co stock overvalued right now?
Based on GuruFocus' analysis, Nikko Co (NGO:5343) is currently considered Significantly Overvalued. The stock's GF Value™ is 円134.84, compared to a current price of 円187.00 — trading 38.7% above its estimated fair value. The current PB Ratio is 1.95, which is 48% below median its 10-year median of 3.72 and 12.6% below the Industrial Products industry median of 2.23. Nikko Co's overall GF Score™ is 57/100 with 3 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 Nikko Co (NGO:5343), the current PB Ratio is 1.95 as of Jul. 11, 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 Nikko Co (NGO:5343) Overvalued in 2026?

Based on GuruFocus' analysis, Nikko Co stock appears to be overvalued. The current stock price of 円187.00 is trading 38.7% above its estimated GF Value™ of 円134.84. GuruFocus considers Nikko Co to be Significantly Overvalued.

Key valuation signals for NGO:5343:

  • PB Ratio: 1.95 (48% below median its 10-year median of 3.72)
  • GF Value™: 円134.84 vs. price of 円187.00 (38.7% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 12.6% below the Industrial Products median (#1309 of 2979)

No single metric tells the full story. See the NGO:5343 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikko Co Business Description

Address Sumitomo Real Estate Chiyoda, First Wing 2F, 2-36-1 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 9248686
Nikko Co is engaged in manufacturing hosing and environmental equipment.
57GF Score

Get the complete analysis for NGO:5343

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

円187.00
Price
円134.84
GF Value