Nidec
6594.T
#753
Rank
$24.51 B
Marketcap
$42.63
Share price
-2.66%
Change (1 day)
-14.50%
Change (1 year)

Nidec (6594.T) - P/B ratio

P/B ratio as of April 2024 : 2.24

According to Nidec's latest financial reports the company has a price-to-book ratio of 2.24.
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.

Nidec - P/B ratio (from 2001 to 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-312.07-24.05%
2022-12-312.72-58.05%
2021-12-316.50-14.38%
2020-12-317.5975.15%
2019-12-314.3318.26%
2018-12-313.66-24.8%
2017-12-314.8736.54%
2016-12-313.579.1%
2015-12-313.270.12%
2014-12-313.2724.1%
2013-12-312.6372%
2012-12-311.53-32.92%
2011-12-312.28-24.14%
2010-12-313.01-5.2%
2009-12-313.17136.7%
2008-12-311.34-55.47%
2007-12-313.01-17.84%
2006-12-313.66-20.2%
2005-12-314.5925.5%
2004-12-313.66-27.12%
2003-12-315.0231.15%
2002-12-313.83