Nissin Foods
2897.T
Nissin Foods (2897.T) - P/B ratio
P/B ratio as of April 2024 : 2.19
According to Nissin Foods
's latest financial reports the company has a price-to-book ratio of 2.19.
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.
Nissin Foods - P/B ratio (from 2008 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.87 | 29.11% |
| 2022-12-31 | 2.22 | 10.06% |
| 2021-12-31 | 2.02 | -11.08% |
| 2020-12-31 | 2.27 | -2.4% |
| 2019-12-31 | 2.33 | 30.72% |
| 2018-12-31 | 1.78 | -18.62% |
| 2017-12-31 | 2.19 | 13.99% |
| 2016-12-31 | 1.92 | 1.87% |
| 2015-12-31 | 1.88 | 7.12% |
| 2014-12-31 | 1.76 | 21.96% |
| 2013-12-31 | 1.44 | 17.65% |
| 2012-12-31 | 1.23 | 3.32% |
| 2011-12-31 | 1.19 | -8.09% |
| 2010-12-31 | 1.29 | -1.34% |
| 2009-12-31 | 1.31 | -2.6% |
| 2008-12-31 | 1.34 |