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Nestle NigeriaNSA:NESTLE 79 Price-to-Tangible-Book is 29.64 as of Sep. 21, 2026. GuruFocus rates NSA:NESTLE with a GF Score™ of 79/100 and a GF Value™ of ₦2,194.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,824 Consumer Packaged Goods companies, Nestle Nigeria ranks worse than 98.19% on this metric.
The historical rank and industry rank for Nestle Nigeria's Price-to-Tangible-Book or its related term are showing as below:
NSA:NESTLE'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 10.7 Med: 25.75 Max: 120.4
Current: 29.64
During the past 13 years, Nestle Nigeria's highest Price to Tangible Book Ratio was 120.40. The lowest was 10.70. And the median was 25.75.
NSA:NESTLE's Price-to-Tangible-Book is ranked worse than 98.19% of 1824
companies
in the Consumer Packaged Goods industry
Industry Median: 1.55
vs NSA:NESTLE: 29.64
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.
Nestle Nigeria Price-to-Tangible-Book Related Terms
Nestle Nigeria Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Nestle Nigeria'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.
NSA:NESTLE vs KHC, GIS, MKC: Price-to-Tangible-Book Comparison
For the Packaged Foods subindustry, Nestle Nigeria'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.
Nestle Nigeria Price-to-Tangible-Book vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Nigeria's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Nestle Nigeria's Price-to-Tangible-Book falls into.
* 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.
Nestle Nigeria (NSA:NESTLE) has a Price-to-Tangible-Book of 29.64 as of Sep. 21, 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 Nestle Nigeria and its competitors. According to the industry distribution chart, Nestle Nigeria ranks #1791 out of 1824 companies in the Consumer Packaged Goods industry, placing it in the top 98.2%.
Is Nestle Nigeria's Price-to-Tangible-Book too high?
Nestle Nigeria's current Price-to-Tangible-Book is 29.64. The Consumer Packaged Goods industry median Price-to-Tangible-Book is 1.55. Nestle Nigeria's value of 29.64 is 1812.3% above this industry median. Based on the distribution chart, Nestle Nigeria ranks #1791 out of 1824 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Nestle Nigeria has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Nigeria's Price-to-Tangible-Book compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nestle Nigeria ranks #1791 out of 1824 companies for Price-to-Tangible-Book. This places Nestle Nigeria in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.55. Nestle Nigeria's value of 29.64 is 1812.3% above 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 a Consumer Packaged Goods company?
The median Price-to-Tangible-Book among Consumer Packaged Goods companies is 1.55, based on 1,824 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. Nestle Nigeria's current Price-to-Tangible-Book of 29.64 is 1812.3% 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 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 Nestle Nigeria and its competitors. For the Consumer Packaged Goods industry, the median Price-to-Tangible-Book is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nestle Nigeria's current Price-to-Tangible-Book is 29.64. 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 ₦2,194.25, compared to a current price of ₦2,900.00 — trading 32.2% above its estimated fair value. The current Price-to-Tangible-Book is 29.64 and 1812.3% above the Consumer Packaged Goods industry median of 1.55. Nestle Nigeria's overall GF Score™ is 79/100 with 5 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 Nestle Nigeria (NSA:NESTLE), the current Price-to-Tangible-Book is 29.64 as of Sep. 21, 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 ₦2,900.00 is trading 32.2% above its estimated GF Value™ of ₦2,194.25.
GuruFocus considers Nestle Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:NESTLE:
Price-to-Tangible-Book: 29.64
GF Value™: ₦2,194.25 vs. price of ₦2,900.00 (32.2% above fair value)
Industry Position: 1812.3% above the Consumer Packaged Goods median (#1791 of 1824)
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.
79GF Score
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