Nippon Denko Co (TSE:5563) PB Ratio: 0.73 (As of Jul. 14, 2026) — 20% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5563 Nippon Denko Co Ltd TSE:5563
73 GF Score
Price 円422.00
GF Value 円308.34
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nippon Denko Co PB Ratio?

Nippon Denko Co TSE:5563 -1.17% 73 PB Ratio is 0.73 as of Jul. 14, 2026, which is 20% above its 10-year median of 0.61. GuruFocus rates TSE:5563 with a GF Score™ of 73/100 and a GF Value™ of 円308.34 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 609 Steel companies, Nippon Denko Co ranks better than 62.89% 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), Nippon Denko Co's share price is 円422.00. Nippon Denko Co's Book Value per Share for the quarter that ended in Dec. 2025 was 円574.43. Hence, Nippon Denko Co's PB Ratio of today is 0.73.

The historical rank and industry rank for Nippon Denko Co's PB Ratio or its related term are showing as below:

TSE:5563' s PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.61   Max: 1.09
Current: 0.73

During the past 13 years, Nippon Denko Co's highest PB Ratio was 1.09. The lowest was 0.30. And the median was 0.61.

TSE:5563's PB Ratio is ranked better than
62.89% of 609 companies
in the Steel industry
Industry Median: 0.96 vs TSE:5563: 0.73

During the past 12 months, Nippon Denko Co's average Book Value Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nippon Denko Co was 13.10% per year. The lowest was -7.30% per year. And the median was 4.20% per year.

Back to Basics: PB Ratio


Nippon Denko Co  (TSE:5563) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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 Denko Co PB Ratio Related Terms


Nippon Denko Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Denko 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.

Nippon Denko Co PB Ratio Chart

Nippon Denko Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.71 0.53 0.53 0.63

Nippon Denko Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.46 0.61 0.63 0.72

TSE:5563 vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Nippon Denko 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 Denko Co PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Nippon Denko Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Denko Co's PB Ratio falls into.


TSE:5563
73GF Score
Nippon Denko Co Ltd TSE:5563
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Denko Co PB Ratio Calculation

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 Denko Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=422.00/574.427
=0.73

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.73 mean?
Nippon Denko Co (TSE:5563) has a PB Ratio of 0.73 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 Nippon Denko Co and its competitors. This is 20% above median its historical median of 0.61. Over the past decade, Nippon Denko Co's PB Ratio has ranged from 0.30 to 1.09. According to the industry distribution chart, Nippon Denko Co ranks #226 out of 609 companies in the Steel industry, placing it in the top 37.1%.
Is Nippon Denko Co's PB Ratio too high?
Nippon Denko Co's current PB Ratio of 0.73 is 20% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.09. The Steel industry median PB Ratio is 0.96. Nippon Denko Co's value of 0.73 is 24% below this industry median. Based on the distribution chart, Nippon Denko Co ranks #226 out of 609 companies in the Steel industry, which is above the industry midpoint. Overall, Nippon Denko Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Denko Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Nippon Denko Co ranks #226 out of 609 companies for PB Ratio. This puts Nippon Denko Co in the upper half of its industry. The industry median PB Ratio is 0.96. Nippon Denko Co's value of 0.73 is 24% below this benchmark. Historically, Nippon Denko Co's own PB Ratio has ranged from 0.30 to 1.09 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.96, Nippon Denko 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 Steel company?
The median PB Ratio among Steel companies is 0.96, based on 609 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 Denko Co's current PB Ratio of 0.73 is 24% 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 Denko Co and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Denko Co's current PB Ratio is 0.73, which is 20% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Denko Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Denko Co (TSE:5563) is currently considered Significantly Overvalued. The stock's GF Value™ is 円308.34, compared to a current price of 円422.00 — trading 36.9% above its estimated fair value. The current PB Ratio is 0.73, which is 20% above median its 10-year median of 0.61 and 24% below the Steel industry median of 0.96. Nippon Denko 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 Nippon Denko Co (TSE:5563), the current PB Ratio is 0.73 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 Nippon Denko Co (TSE:5563) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Denko Co stock appears to be overvalued. The current stock price of 円422.00 is trading 36.9% above its estimated GF Value™ of 円308.34. GuruFocus considers Nippon Denko Co to be Significantly Overvalued.

Key valuation signals for TSE:5563:

  • PB Ratio: 0.73 (20% above median its 10-year median of 0.61)
  • GF Value™: 円308.34 vs. price of 円422.00 (36.9% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 24% below the Steel median (#226 of 609)

No single metric tells the full story. See the TSE:5563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Denko Co Business Description

Other Exchanges NJ5:Germany
Address 4-16,1-chome, Yaesu, 4th Floor, Tokyo Tatemono Yaesu Building, Chuo-ku, Tokyo, JPN, 103-8282
Nippon Denko Co Ltd is mainly engaged in the manufacturing and distribution of ferroalloys. In addition, it is also involved in the electric power generation. The company's core business activities are categorized into four segments: Ferroalloys, Functional Materials, Environment, and Other. The company serves a diverse range of markets including power companies, agricultural cooperatives, local governments and companies discharging industrial waste.
73GF Score

Get the complete analysis for TSE:5563

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円422.00
Price
円308.34
GF Value