Nippon Steel
5401.T
$22.53
Share price
-0.03%
Change (1 day)
1.62%
Change (1 year)
Categories
Nippon Steel (5401.T) - P/B ratio
P/B ratio as of April 2024 : 0.5570
According to Nippon Steel
's latest financial reports the company has a price-to-book ratio of 0.5570.
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.
Nippon Steel - P/B ratio (from 2009 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.5656 | 24.01% |
| 2022-12-31 | 0.4561 | -3.17% |
| 2021-12-31 | 0.4711 | 12.38% |
| 2020-12-31 | 0.4192 | -12.48% |
| 2019-12-31 | 0.4789 | -0.79% |
| 2018-12-31 | 0.4828 | -33.17% |
| 2017-12-31 | 0.7224 | -7.72% |
| 2016-12-31 | 0.7828 | 10.97% |
| 2015-12-31 | 0.7055 | -11.33% |
| 2014-12-31 | 0.7956 | -21.21% |
| 2013-12-31 | 1.01 | 44.28% |
| 2012-12-31 | 0.6999 | 32.79% |
| 2011-12-31 | 0.5270 | -36.87% |
| 2010-12-31 | 0.8349 | -19.61% |
| 2009-12-31 | 1.04 |