NEC Capital Solutions (TSE:8793) PB Ratio : 0.75 (As of May. 21, 2024)

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What is NEC Capital Solutions PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-21), NEC Capital Solutions's share price is 円3910.00. NEC Capital Solutions's Book Value per Share for the quarter that ended in Dec. 2023 was 円5,182.61. Hence, NEC Capital Solutions's PB Ratio of today is 0.75.

Warning Sign:

NEC Capital Solutions Ltd stock PB Ratio (=0.75) is close to 10-year high of 0.77

The historical rank and industry rank for NEC Capital Solutions's PB Ratio or its related term are showing as below:

TSE:8793' s PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.49 Max: 0.93
Current: 0.76

During the past 13 years, NEC Capital Solutions's highest PB Ratio was 0.93. The lowest was 0.36. And the median was 0.49.

TSE:8793's PB Ratio is ranked better than
82.07% of 1026 companies
in the Business Services industry
Industry Median: 1.825 vs TSE:8793: 0.76

During the past 12 months, NEC Capital Solutions's average Book Value Per Share Growth Rate was 1.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NEC Capital Solutions was 5.70% per year. The lowest was -0.20% per year. And the median was 4.30% per year.

Back to Basics: PB Ratio

NEC Capital Solutions PB Ratio Historical Data

The historical data trend for NEC Capital Solutions's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NEC Capital Solutions PB Ratio Chart

NEC Capital Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.41

0.43

0.46

0.43

0.50

NEC Capital Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.42	0.50	0.63	0.62	0.65

Competitive Comparison of NEC Capital Solutions's PB Ratio

For the Rental & Leasing Services subindustry, NEC Capital Solutions's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NEC Capital Solutions's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NEC Capital Solutions's PB Ratio distribution charts can be found below:

* The bar in red indicates where NEC Capital Solutions's PB Ratio falls into.

NEC Capital Solutions PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

NEC Capital Solutions's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	3910.00	/	5182.609
	=	0.75

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

NEC Capital Solutions (TSE:8793) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

NEC Capital Solutions PB Ratio Related Terms

Thank you for viewing the detailed overview of NEC Capital Solutions's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

NEC Capital Solutions (TSE:8793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NEC Capital Solutions Ltd (TSE:8793) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

29-11 Shiba 5-chome, Minato-ku, Tokyo, JPN

Website

http://www.necap.co.jp

NEC Capital Solutions Ltd is a Japan-based company engaged in the provision of financial services. It operates through four segments. The company's Leasing and installment segment are involved in the purchase and sale of processing equipment, communications equipment, office equipment, and industrial machinery. Its Finance segment consists of factoring and loans and other business. The RISA segment provides investment advice, fund business, and others. Its other business comprises of the sale of secondhand products, as well as the collection of transaction fees.

NEC Capital Solutions (TSE:8793) Headlines

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