Nichiban CoNHBAF 73 PB Ratio is 0.92 as of Jul. 03, 2026, which is 5% below its 10-year median of 0.97. GuruFocus rates NHBAF with a GF Score™ of 73/100 and a GF Value™ of $13.89. The stock has 4 warning signs investors should review. Among 2,981 Industrial Products companies, Nichiban Co ranks better than 83.06% 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 (2026-07-03), Nichiban Co's share price is $12.70. Nichiban Co's Book Value per Share for the quarter that ended in Mar. 2026 was $13.84. Hence, Nichiban Co's PB Ratio of today is 0.92.
The historical rank and industry rank for Nichiban Co's PB Ratio or its related term are showing as below:
NHBAF'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 0.97 Max: 2.21
Current: 0.85
During the past 13 years, Nichiban Co's highest PB Ratio was 2.21. The lowest was 0.69. And the median was 0.97.
NHBAF's PB Ratio is ranked better than 83.06% of 2981
companies
in the Industrial Products industry
Industry Median: 2.29
vs NHBAF: 0.85
During the past 12 months, Nichiban Co's average Book Value Per Share Growth Rate was 3.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nichiban Co was 9.00% per year. The lowest was 2.20% per year. And the median was 3.80% per year.
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.
Nichiban Co PB Ratio Related Terms
Nichiban Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Nichiban 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.
For the Business Equipment & Supplies subindustry, Nichiban 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.
Nichiban Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nichiban Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nichiban Co's PB Ratio falls into.
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.
Nichiban Co's PB Ratio for today is calculated as follows:
* 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.
Nichiban Co (NHBAF) has a PB Ratio of 0.92 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nichiban Co and its competitors. This is near median its historical median of 0.97. Over the past decade, Nichiban Co's PB Ratio has ranged from 0.69 to 2.21. According to the industry distribution chart, Nichiban Co ranks #505 out of 2981 companies in the Industrial Products industry, placing it in the top 16.9%.
Is Nichiban Co's PB Ratio too high?
Nichiban Co's current PB Ratio of 0.92 is near median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.21. The Industrial Products industry median PB Ratio is 2.29. Nichiban Co's value of 0.92 is 59.8% below this industry median. Based on the distribution chart, Nichiban Co ranks #505 out of 2981 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nichiban Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Nichiban Co's PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Nichiban Co ranks #505 out of 2981 companies for PB Ratio. This places Nichiban Co in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.29. Nichiban Co's value of 0.92 is 59.8% below this benchmark. Historically, Nichiban Co's own PB Ratio has ranged from 0.69 to 2.21 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 2.29, Nichiban 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 2.29, based on 2,981 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. Nichiban Co's current PB Ratio of 0.92 is 59.8% 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 Nichiban Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichiban Co's current PB Ratio is 0.92, which is near median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichiban Co stock overvalued right now?
Nichiban Co (NHBAF) has a current PB Ratio of 0.92. The stock's GF Value™ is $13.89, compared to a current price of $12.70 — trading 8.6% below its estimated fair value. The current PB Ratio is 0.92, which is near median its 10-year median of 0.97 and 59.8% below the Industrial Products industry median of 2.29. Nichiban Co's overall GF Score™ is 73/100 with 4 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 Nichiban Co (NHBAF), the current PB Ratio is 0.92 as of Jul. 03, 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 Nichiban Co (NHBAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nichiban Co stock appears to be undervalued.
The current stock price of $12.70 is trading 8.6% below its estimated GF Value™ of $13.89.
Key valuation signals for NHBAF:
PB Ratio: 0.92 (near median its 10-year median of 0.97)
GF Value™: $13.89 vs. price of $12.70 (8.6% below fair value)
Industry Position: 59.8% below the Industrial Products median (#505 of 2981)
No single metric tells the full story. See the NHBAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nichiban Co Ltd is a Japan based company engaged in the business of manufacturing and selling products in the field of medical supplies, healthcare, industrial products and industrial products. It offers hemostatic solutions, wound care dressing and surgical tapes, industrial products for manufacturing and distribution and automotive industry, stationery products, TDS pharmaceutical pain relief plaster and foot care products, sports medical battlewin taping tape and first aid bandage.
73GF Score
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