NEXOF (NEXON Co) Price-to-Tangible-Book: 1.77 (As of Sep. 08, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NEXOF NEXON Co Ltd NEXOF
82 GF Score
Price $13.93
GF Value $22.18
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is NEXON Co Price-to-Tangible-Book?

NEXON Co NEXOF 82 Price-to-Tangible-Book is 1.77 as of Sep. 08, 2026. GuruFocus rates NEXOF with a GF Score™ of 82/100 and a GF Value™ of $22.18 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 442 Interactive Media companies, NEXON Co ranks better than 52.26% on this metric.

As of today (2026-09-08), NEXON Co's share price is $13.925. NEXON Co's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $7.85. Hence, NEXON Co's Price to Tangible Book Ratio of today is 1.77.

The historical rank and industry rank for NEXON Co's Price-to-Tangible-Book or its related term are showing as below:

NEXOF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.7   Med: 2.61   Max: 4.43
Current: 2.47

During the past 13 years, NEXON Co's highest Price to Tangible Book Ratio was 4.43. The lowest was 1.70. And the median was 2.61.

NEXOF's Price-to-Tangible-Book is ranked better than
52.26% of 442 companies
in the Interactive Media industry
Industry Median: 2.535 vs NEXOF: 2.47

A closely related ratio is called PB Ratio. As of today, NEXON Co's share price is $13.925. NEXON Co's Book Value per Sharefor the quarter that ended in Jun. 2026 was $8.54. Hence, NEXON Co's P/B Ratio of today is 1.63.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


NEXON Co Price-to-Tangible-Book Related Terms


NEXON Co Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for NEXON Co's Price-to-Tangible-Book 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.

NEXON Co Price-to-Tangible-Book Chart

NEXON Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 3.10 3.05 2.04 3.08

NEXON Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 2.40 2.51 3.08 2.43 1.80

NEXOF vs NTES, TTWO, RBLX: Price-to-Tangible-Book Comparison

For the Electronic Gaming & Multimedia subindustry, NEXON Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


NEXON Co Price-to-Tangible-Book vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where NEXON Co's Price-to-Tangible-Book falls into.


NEXOF
82GF Score
NEXON Co Ltd NEXOF
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEXON Co Price-to-Tangible-Book Calculation

NEXON Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=13.925/7.852
=1.77

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 1.77 mean?
NEXON Co (NEXOF) has a Price-to-Tangible-Book of 1.77 as of Sep. 08, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on NEXON Co and its competitors. According to the industry distribution chart, NEXON Co ranks #211 out of 442 companies in the Interactive Media industry, placing it in the top 47.7%.
Is NEXON Co's Price-to-Tangible-Book too high?
NEXON Co's current Price-to-Tangible-Book is 1.77. The Interactive Media industry median Price-to-Tangible-Book is 2.54. NEXON Co's value of 1.77 is 30.2% below this industry median. Based on the distribution chart, NEXON Co ranks #211 out of 442 companies in the Interactive Media industry, which is above the industry midpoint. Overall, NEXON Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NEXON Co's Price-to-Tangible-Book compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, NEXON Co ranks #211 out of 442 companies for Price-to-Tangible-Book. This puts NEXON Co in the upper half of its industry. The industry median Price-to-Tangible-Book is 2.54. NEXON Co's value of 1.77 is 30.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Interactive Media company?
The median Price-to-Tangible-Book among Interactive Media companies is 2.54, based on 442 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NEXON Co's current Price-to-Tangible-Book of 1.77 is 30.2% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on NEXON Co and its competitors. For the Interactive Media industry, the median Price-to-Tangible-Book is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXON Co's current Price-to-Tangible-Book is 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXON Co stock overvalued right now?
Based on GuruFocus' analysis, NEXON Co (NEXOF) is currently considered Significantly Undervalued. The stock's GF Value™ is $22.18, compared to a current price of $13.93 — trading 37.2% below its estimated fair value. The current Price-to-Tangible-Book is 1.77 and 30.2% below the Interactive Media industry median of 2.54. NEXON Co's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For NEXON Co (NEXOF), the current Price-to-Tangible-Book is 1.77 as of Sep. 08, 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 NEXON Co (NEXOF) Overvalued in 2026?

Based on GuruFocus' analysis, NEXON Co stock appears to be undervalued. The current stock price of $13.93 is trading 37.2% below its estimated GF Value™ of $22.18. GuruFocus considers NEXON Co to be Significantly Undervalued.

Key valuation signals for NEXOF:

  • Price-to-Tangible-Book: 1.77
  • GF Value™: $22.18 vs. price of $13.93 (37.2% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 30.2% below the Interactive Media median (#211 of 442)

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


NEXON Co Business Description

Address 1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
Nexon is a South Korean online game developer and publisher, founded in 1994 in Korea by Kim Jung-ju. In 2005, the company moved its headquarters to Tokyo, Japan, and has operations in Korea, the US, Taiwan, and Thailand. The company's most notable franchises are MapleStory, Dungeon & Fighter, Sudden Attack, and KartRider. Nexon has been the publisher for EA's FC Online game franchise in Korea and Japan since 2013. Nexon acquired an independent game developer, Embark Studios AB, located in Stockholm, Sweden, in 2019.
82GF Score

Get the complete analysis for NEXOF

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.93
Price
$22.18
GF Value