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NMS HoldingsTSE:2162 46 PB Ratio is 2.03 as of Jul. 14, 2026, which is 39% above its 10-year median of 1.46. GuruFocus rates TSE:2162 with a GF Score™ of 46/100 and a GF Value™ of 円335.22 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,421 Hardware companies, NMS Holdings ranks better than 55.51% 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 (2026-07-14), NMS Holdings's share price is 円533.00. NMS Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was 円262.50. Hence, NMS Holdings's PB Ratio of today is 2.03.
Warning Sign:
NMS Holdings Corp stock PB Ratio (=2.03) is close to 1-year high of 2.12.
The historical rank and industry rank for NMS Holdings's PB Ratio or its related term are showing as below:
TSE:2162'
s PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 1.46 Max: 3.74
Current: 2.03
During the past 13 years, NMS Holdings's highest PB Ratio was 3.74. The lowest was 0.55. And the median was 1.46.
TSE:2162's PB Ratio is ranked better than 55.51% of 2421
companies
in the Hardware industry
Industry Median: 2.29
vs TSE:2162: 2.03
During the past 12 months, NMS Holdings's average Book Value Per Share Growth Rate was 10.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NMS Holdings was 46.40% per year. The lowest was -22.10% per year. And the median was 10.05% 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.
NMS Holdings PB Ratio Related Terms
NMS Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for NMS 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.
For the Electronic Components subindustry, NMS 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.
NMS Holdings PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, NMS Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where NMS Holdings'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.
NMS Holdings'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.
NMS Holdings (TSE:2162) has a PB Ratio of 2.03 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NMS Holdings and its competitors. This is 39% above median its historical median of 1.46. Over the past decade, NMS Holdings' PB Ratio has ranged from 0.55 to 3.74. According to the industry distribution chart, NMS Holdings ranks #1077 out of 2421 companies in the Hardware industry, placing it in the top 44.5%.
Is NMS Holdings' PB Ratio too high?
NMS Holdings' current PB Ratio of 2.03 is 39% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 3.74. The Hardware industry median PB Ratio is 2.29. NMS Holdings' value of 2.03 is 11.4% below this industry median. Based on the distribution chart, NMS Holdings ranks #1077 out of 2421 companies in the Hardware industry, which is above the industry midpoint. Overall, NMS Holdings has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NMS Holdings' PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, NMS Holdings ranks #1077 out of 2421 companies for PB Ratio. This puts NMS Holdings in the upper half of its industry. The industry median PB Ratio is 2.29. NMS Holdings' value of 2.03 is 11.4% below this benchmark. Historically, NMS Holdings' own PB Ratio has ranged from 0.55 to 3.74 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 2.29, NMS Holdings 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 Hardware company?
The median PB Ratio among Hardware companies is 2.29, based on 2,421 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. NMS Holdings's current PB Ratio of 2.03 is 11.4% 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 NMS Holdings and its competitors. For the Hardware 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. NMS Holdings's current PB Ratio is 2.03, which is 39% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMS Holdings stock overvalued right now?
Based on GuruFocus' analysis, NMS Holdings (TSE:2162) is currently considered Significantly Overvalued. The stock's GF Value™ is 円335.22, compared to a current price of 円533.00 — trading 59% above its estimated fair value. The current PB Ratio is 2.03, which is 39% above median its 10-year median of 1.46 and 11.4% below the Hardware industry median of 2.29. NMS Holdings' overall GF Score™ is 46/100 with 9 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 NMS Holdings (TSE:2162), the current PB Ratio is 2.03 as of Jul. 14, 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 NMS Holdings (TSE:2162) Overvalued in 2026?
Based on GuruFocus' analysis, NMS Holdings stock appears to be overvalued.
The current stock price of 円533.00 is trading 59% above its estimated GF Value™ of 円335.22.
GuruFocus considers NMS Holdings to be Significantly Overvalued.
Key valuation signals for TSE:2162:
PB Ratio: 2.03 (39% above median its 10-year median of 1.46)
GF Value™: 円335.22 vs. price of 円533.00 (59% above fair value)
Industry Position: 11.4% below the Hardware median (#1077 of 2421)
No single metric tells the full story. See the TSE:2162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NMS Holdings Corp is a Japan-based company. Its business activities are divided into four operating segments including Human resource solution business, Electronics manufacturing service (EMS) business, Vision ( neo EMS ), and Power supply business. The company offers staff members for contract manufacturing, engineer dispatch service, repairs and customer service. Its EMS business offers a wide range of services concerning board assembly through an integrated production process and firm management system. NMS also offers solutions for power supply and power supply-related products.
46GF Score
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