NOK Corporation (7240.T)

P/B ratio as of December 2024 : 0.5992

According to NOK Corporation's latest financial reports the company has a price-to-book ratio of 0.493279.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

NOK Corporation - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.6007	12.45%
2023-12-31	0.5342	46.62%
2022-12-31	0.3643	-11.04%
2021-12-31	0.4096	0.6%
2020-12-31	0.4071	-30.24%
2019-12-31	0.5835
2018-12-31	N/A	-100%
2017-12-31	0.8910	0.06%
2016-12-31	0.8905
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A	-100%
2011-12-31	0.8711
2010-12-31	N/A
2009-12-31	N/A
2008-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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NOK Corporation (7240.T) - P/B ratio