Nippon Paint Holdings CoNPCPF 79 PB Ratio is 1.36 as of Jun. 27, 2026, which is 44% below its 10-year median of 2.41. GuruFocus rates NPCPF with a GF Score™ of 79/100 and a GF Value™ of $7.96 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,583 Chemicals companies, Nippon Paint Holdings Co ranks better than 62.92% on this metric.
Nippon Paint Holdings Co Ltd stock PB Ratio (=1.29) is close to 10-year low of 1.19.
The historical rank and industry rank for Nippon Paint Holdings Co's PB Ratio or its related term are showing as below:
NPCPF'
s PB Ratio Range Over the Past 10 Years
Min: 1.19 Med: 2.41 Max: 8.06
Current: 1.29
During the past 13 years, Nippon Paint Holdings Co's highest PB Ratio was 8.06. The lowest was 1.19. And the median was 2.41.
NPCPF's PB Ratio is ranked better than 62.92% of 1583
companies
in the Chemicals industry
Industry Median: 1.77
vs NPCPF: 1.29
During the past 12 months, Nippon Paint Holdings Co's average Book Value Per Share Growth Rate was 29.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nippon Paint Holdings Co was 42.70% per year. The lowest was -3.30% per year. And the median was 9.15% per year.
Back to Basics: PB Ratio
Nippon Paint Holdings Co (OTCPK:NPCPF) PB Ratio Explanation
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.
* 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 Specialty Chemicals subindustry, Nippon Paint Holdings 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.
Nippon Paint Holdings Co PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nippon Paint Holdings Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Paint Holdings 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.
* 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.
Nippon Paint Holdings Co (NPCPF) has a PB Ratio of 1.36 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nippon Paint Holdings Co and its competitors. This is 44% below median its historical median of 2.41. Over the past decade, Nippon Paint Holdings Co's PB Ratio has ranged from 1.19 to 8.06. According to the industry distribution chart, Nippon Paint Holdings Co ranks #587 out of 1583 companies in the Chemicals industry, placing it in the top 37.1%.
Is Nippon Paint Holdings Co's PB Ratio too high?
Nippon Paint Holdings Co's current PB Ratio of 1.36 is 44% below median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 8.06. The Chemicals industry median PB Ratio is 1.77. Nippon Paint Holdings Co's value of 1.36 is 23.2% below this industry median. Based on the distribution chart, Nippon Paint Holdings Co ranks #587 out of 1583 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nippon Paint Holdings Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Paint Holdings Co's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Paint Holdings Co ranks #587 out of 1583 companies for PB Ratio. This puts Nippon Paint Holdings Co in the upper half of its industry. The industry median PB Ratio is 1.77. Nippon Paint Holdings Co's value of 1.36 is 23.2% below this benchmark. Historically, Nippon Paint Holdings Co's own PB Ratio has ranged from 1.19 to 8.06 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 1.77, Nippon Paint Holdings 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 a Chemicals company?
The median PB Ratio among Chemicals companies is 1.77, based on 1,583 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. Nippon Paint Holdings Co's current PB Ratio of 1.36 is 23.2% 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 Nippon Paint Holdings Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Paint Holdings Co's current PB Ratio is 1.36, which is 44% below median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Paint Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Paint Holdings Co (NPCPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.96, compared to a current price of $7.05 — trading 11.4% below its estimated fair value. The current PB Ratio is 1.36, which is 44% below median its 10-year median of 2.41 and 23.2% below the Chemicals industry median of 1.77. Nippon Paint Holdings Co's overall GF Score™ is 79/100 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 Nippon Paint Holdings Co (NPCPF), the current PB Ratio is 1.36 as of Jun. 27, 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 Nippon Paint Holdings Co (NPCPF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Paint Holdings Co stock appears to be undervalued.
The current stock price of $7.05 is trading 11.4% below its estimated GF Value™ of $7.96.
GuruFocus considers Nippon Paint Holdings Co to be Modestly Undervalued.
Key valuation signals for NPCPF:
PB Ratio: 1.36 (44% below median its 10-year median of 2.41)
GF Value™: $7.96 vs. price of $7.05 (11.4% below fair value)
Industry Position: 23.2% below the Chemicals median (#587 of 1583)
No single metric tells the full story. See the NPCPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Paint is a global paint company with operations in over 50 countries. About two-thirds of sales are in decorative paint, serving mostly residential and some commercial customers. It has the dominant share of the paint markets in China and some smaller Asian countries, as well as Australia. In other regions, it's often one of the three largest players. Its products are distributed via paint and home improvement retailers, some 300,000 distributors globally. Household brands include Nipsea, Nippon Paint, Dulux (in Asia, the Pacific, and Europe), British Paints, Betek Boya, and Alina, among others. About one-fourth of sales are in industrial coatings and paints. Here, customer groups include manufacturers of automotive and industrial products.
79GF Score
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