Nitto Denko
6988.T
$78.50
Share price
-0.89%
Change (1 day)
9.16%
Change (1 year)
Categories
Nitto Denko (6988.T) - P/B ratio
P/B ratio as of May 2024 : 1.66
According to Nitto Denko
's latest financial reports the company has a price-to-book ratio of 1.66.
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 Denko - P/B ratio (from 2008 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 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 |