Nestle NigeriaNSA:NESTLE 76 PB Ratio is 47.97 as of Jun. 25, 2026, which is 100% above its 10-year median of 24.01. GuruFocus rates NSA:NESTLE with a GF Score™ of 76/100 and a GF Value™ of ₦2,149.87 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,895 Consumer Packaged Goods companies, Nestle Nigeria ranks worse than 98.94% 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 (2026-06-25), Nestle Nigeria's share price is ₦3125.00. Nestle Nigeria's Book Value per Share for the quarter that ended in Mar. 2026 was ₦65.15. Hence, Nestle Nigeria's PB Ratio of today is 47.97.
Good Sign:
Nestle Nigeria PLC stock PB Ratio (=47.97) is close to 2-year low of 46.9.
The historical rank and industry rank for Nestle Nigeria's PB Ratio or its related term are showing as below:
NSA:NESTLE'
s PB Ratio Range Over the Past 10 Years
Min: 10.7 Med: 24.01 Max: 208.76
Current: 47.97
During the past 13 years, Nestle Nigeria's highest PB Ratio was 208.76. The lowest was 10.70. And the median was 24.01.
NSA:NESTLE's PB Ratio is ranked worse than 98.94% of 1895
companies
in the Consumer Packaged Goods industry
Industry Median: 1.33
vs NSA:NESTLE: 47.97
During the past 3 years, the average Book Value Per Share Growth Rate was -24.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nestle Nigeria was 48.00% per year. The lowest was -24.80% per year. And the median was 7.70% 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.
Nestle Nigeria PB Ratio Related Terms
Nestle Nigeria PB Ratio Historical Data
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The historical data trend for Nestle Nigeria'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 Packaged Foods subindustry, Nestle Nigeria'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.
Nestle Nigeria PB Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Nigeria's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nestle Nigeria'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.
Nestle Nigeria'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.
Nestle Nigeria (NSA:NESTLE) has a PB Ratio of 47.97 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nestle Nigeria and its competitors. This is 100% above median its historical median of 24.01. Over the past decade, Nestle Nigeria's PB Ratio has ranged from 10.70 to 208.76. According to the industry distribution chart, Nestle Nigeria ranks #1875 out of 1895 companies in the Consumer Packaged Goods industry, placing it in the top 98.9%.
Is Nestle Nigeria's PB Ratio too high?
Nestle Nigeria's current PB Ratio of 47.97 is 100% above median its 10-year median of 24.01. Over the past 10 years, this metric has ranged from a low of 10.70 to a high of 208.76. The Consumer Packaged Goods industry median PB Ratio is 1.33. Nestle Nigeria's value of 47.97 is 3506.8% above this industry median. Based on the distribution chart, Nestle Nigeria ranks #1875 out of 1895 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Nestle Nigeria has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Nigeria's PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nestle Nigeria ranks #1875 out of 1895 companies for PB Ratio. This places Nestle Nigeria in the lower half of its industry. The industry median PB Ratio is 1.33. Nestle Nigeria's value of 47.97 is 3506.8% above this benchmark. Historically, Nestle Nigeria's own PB Ratio has ranged from 10.70 to 208.76 over the past decade. While the company's 10-year median is 24.01 vs. the industry median of 1.33, Nestle Nigeria has consistently been above 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.33, based on 1,895 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. Nestle Nigeria's current PB Ratio of 47.97 is 3506.8% above 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 Nestle Nigeria and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nestle Nigeria's current PB Ratio is 47.97, which is 100% above median its own 10-year median of 24.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Nestle Nigeria (NSA:NESTLE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2,149.87, compared to a current price of ₦3,125.00 — trading 45.4% above its estimated fair value. The current PB Ratio is 47.97, which is 100% above median its 10-year median of 24.01 and 3506.8% above the Consumer Packaged Goods industry median of 1.33. Nestle Nigeria's overall GF Score™ is 76/100 with 8 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 Nestle Nigeria (NSA:NESTLE), the current PB Ratio is 47.97 as of Jun. 25, 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 Nestle Nigeria (NSA:NESTLE) Overvalued in 2026?
Based on GuruFocus' analysis, Nestle Nigeria stock appears to be overvalued.
The current stock price of ₦3,125.00 is trading 45.4% above its estimated GF Value™ of ₦2,149.87.
GuruFocus considers Nestle Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:NESTLE:
PB Ratio: 47.97 (100% above median its 10-year median of 24.01)
GF Value™: ₦2,149.87 vs. price of ₦3,125.00 (45.4% above fair value)
Industry Position: 3506.8% above the Consumer Packaged Goods median (#1875 of 1895)
No single metric tells the full story. See the NSA:NESTLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The Food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The Beverage segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The Food segment generates the majority of the revenue. Geographically, the majority of the revenue is generated from Nigeria.
76GF Score
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