Nitto Boseki (3110.T)

P/B ratio as of January 2025 : 1.87

According to Nitto Boseki's latest financial reports the company has a price-to-book ratio of 2.39775.
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.

Nitto Boseki - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.82	28.19%
2023-12-31	1.42	135.41%
2022-12-31	0.6038	-42.46%
2021-12-31	1.05	-39.21%
2020-12-31	1.73
2019-12-31	N/A
2018-12-31	N/A	-100%
2017-12-31	1.45	22.45%
2016-12-31	1.18
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A	-100%
2011-12-31	0.9839
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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Nitto Boseki (3110.T) - P/B ratio