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Nihon Denkei Co's ROE % for the quarter that ended in Mar. 2026 was 19.67%. Nihon Denkei Co's PB Ratio for the quarter that ended in Mar. 2026 was 0.83.
Nihon Denkei Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 23.70%.
Nihon Denkei Co ROE % Adjusted to Book Value Related Terms
Nihon Denkei Co ROE % Adjusted to Book Value Historical Data
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The historical data trend for Nihon Denkei Co's ROE % Adjusted to Book Value 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.
Nihon Denkei Co ROE % Adjusted to Book Value Chart
TSE:9908 vs URI, SUNB, AER: ROE % Adjusted to Book Value Comparison
For the Rental & Leasing Services subindustry, Nihon Denkei Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.
Nihon Denkei Co ROE % Adjusted to Book Value vs Business Services Industry
For the Business Services industry and Industrials sector, Nihon Denkei Co's ROE % Adjusted to Book Value distribution charts can be found below:
* The bar in red indicates where Nihon Denkei Co's ROE % Adjusted to Book Value 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.
What does a ROE % Adjusted to Book Value of 23.70% mean?
Nihon Denkei Co (TSE:9908) has a ROE % Adjusted to Book Value of 23.70% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nihon Denkei Co and its competitors.
Is Nihon Denkei Co's ROE % Adjusted to Book Value too high?
Nihon Denkei Co's current ROE % Adjusted to Book Value is 23.70%. Overall, Nihon Denkei Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Denkei Co's ROE % Adjusted to Book Value compare to URI and SUNB?
Nihon Denkei Co's ROE % Adjusted to Book Value of 23.70% can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Business Services company?
A good ROE % Adjusted to Book Value depends on the Business Services industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nihon Denkei Co and its competitors. Nihon Denkei Co's current ROE % Adjusted to Book Value is 23.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Denkei Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Denkei Co (TSE:9908) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,543.98, compared to a current price of 円2,871.00 — trading 12.9% above its estimated fair value. The current ROE % Adjusted to Book Value is 23.70%. Nihon Denkei 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Nihon Denkei Co (TSE:9908), the current ROE % Adjusted to Book Value is 23.70% as of Mar. 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 Nihon Denkei Co (TSE:9908) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Denkei Co stock appears to be overvalued.
The current stock price of 円2,871.00 is trading 12.9% above its estimated GF Value™ of 円2,543.98.
GuruFocus considers Nihon Denkei Co to be Modestly Overvalued.
Key valuation signals for TSE:9908:
ROE % Adjusted to Book Value: 23.70%
GF Value™: 円2,543.98 vs. price of 円2,871.00 (12.9% above fair value)
No single metric tells the full story. See the TSE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Denkei Co Ltd is engaged in the leasing and rental business of electronic measuring instruments, system equipment, electronic parts, and others. Its three reportable segments being Japan, China, and Other, including Southeast Asia. It derives maximum revenue from Japan.
82GF Score
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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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