According to Nitto Denko
's latest financial reports the company has a price-to-book ratio of 2.12419.
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.
Year | P/B ratio | Change |
---|---|---|
2024-12-31 | 1.85 | 16.15% |
2023-12-31 | 1.59 | 28.77% |
2022-12-31 | 1.23 | -27.21% |
2021-12-31 | 1.70 | -15.36% |
2020-12-31 | 2.00 | 46.16% |
2019-12-31 | 1.37 | 9.93% |
2018-12-31 | 1.25 | -44.45% |
2017-12-31 | 2.25 | -2.19% |
2016-12-31 | 2.30 | 1.83% |
2015-12-31 | 2.25 | 20.85% |
2014-12-31 | 1.87 | 33.2% |
2013-12-31 | 1.40 | -5.48% |
2012-12-31 | 1.48 | 39.53% |
2011-12-31 | 1.06 | -32.66% |
2010-12-31 | 1.58 | 8.41% |
2009-12-31 | 1.45 | 90.75% |
2008-12-31 | 0.7625 |