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Nippon Felt CoTSE:3512 +2.44%42 PB Ratio is 0.78 as of Jul. 16, 2026, which is 47% above its 10-year median of 0.53. GuruFocus rates TSE:3512 with a GF Score™ of 42/100 and a GF Value™ of 円461.62 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 549 Conglomerates companies, Nippon Felt Co ranks better than 62.48% 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 (2026-07-16), Nippon Felt Co's share price is 円1006.00. Nippon Felt Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,293.39. Hence, Nippon Felt Co's PB Ratio of today is 0.78.
The historical rank and industry rank for Nippon Felt Co's PB Ratio or its related term are showing as below:
TSE:3512'
s PB Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.53 Max: 0.92
Current: 0.78
During the past 13 years, Nippon Felt Co's highest PB Ratio was 0.92. The lowest was 0.39. And the median was 0.53.
TSE:3512's PB Ratio is ranked better than 62.48% of 549
companies
in the Conglomerates industry
Industry Median: 1.05
vs TSE:3512: 0.78
During the past 12 months, Nippon Felt Co's average Book Value Per Share Growth Rate was 13.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nippon Felt Co was 11.00% per year. The lowest was -1.60% per year. And the median was 2.90% 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.
Nippon Felt Co PB Ratio Related Terms
Nippon Felt Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Nippon Felt 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 Conglomerates subindustry, Nippon Felt 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 Felt Co PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nippon Felt Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Felt 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.
Nippon Felt 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.
Nippon Felt Co (TSE:3512) has a PB Ratio of 0.78 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nippon Felt Co and its competitors. This is 47% above median its historical median of 0.53. Over the past decade, Nippon Felt Co's PB Ratio has ranged from 0.39 to 0.92. According to the industry distribution chart, Nippon Felt Co ranks #206 out of 549 companies in the Conglomerates industry, placing it in the top 37.5%.
Is Nippon Felt Co's PB Ratio too high?
Nippon Felt Co's current PB Ratio of 0.78 is 47% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.92. The Conglomerates industry median PB Ratio is 1.05. Nippon Felt Co's value of 0.78 is 25.7% below this industry median. Based on the distribution chart, Nippon Felt Co ranks #206 out of 549 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Nippon Felt Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Felt Co's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nippon Felt Co ranks #206 out of 549 companies for PB Ratio. This puts Nippon Felt Co in the upper half of its industry. The industry median PB Ratio is 1.05. Nippon Felt Co's value of 0.78 is 25.7% below this benchmark. Historically, Nippon Felt Co's own PB Ratio has ranged from 0.39 to 0.92 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.05, Nippon Felt 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 549 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 Felt Co's current PB Ratio of 0.78 is 25.7% 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 Felt Co and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Felt Co's current PB Ratio is 0.78, which is 47% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Felt Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Felt Co (TSE:3512) is currently considered Significantly Overvalued. The stock's GF Value™ is 円461.62, compared to a current price of 円1,006.00 — trading 117.9% above its estimated fair value. The current PB Ratio is 0.78, which is 47% above median its 10-year median of 0.53 and 25.7% below the Conglomerates industry median of 1.05. Nippon Felt Co's overall GF Score™ is 42/100 with 6 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 Felt Co (TSE:3512), the current PB Ratio is 0.78 as of Jul. 16, 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 Felt Co (TSE:3512) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Felt Co stock appears to be overvalued.
The current stock price of 円1,006.00 is trading 117.9% above its estimated GF Value™ of 円461.62.
GuruFocus considers Nippon Felt Co to be Significantly Overvalued.
Key valuation signals for TSE:3512:
PB Ratio: 0.78 (47% above median its 10-year median of 0.53)
GF Value™: 円461.62 vs. price of 円1,006.00 (117.9% above fair value)
Industry Position: 25.7% below the Conglomerates median (#206 of 549)
No single metric tells the full story. See the TSE:3512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Felt Co Ltd is a Japan-based company engages in producing, finishing, and selling felts for making paper, pulp, slate, and other industrial applications. It also involved in producing and selling various types of textile products and other industrial chemicals.
42GF Score
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