NEC Networks & System Integration (TSE:1973) Price-to-Tangible-Book : 2.32 (As of May. 21, 2024)

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What is NEC Networks & System Integration Price-to-Tangible-Book?

As of today (2024-05-21), NEC Networks & System Integration's share price is 円2322.00. NEC Networks & System Integration's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円1,001.38. Hence, NEC Networks & System Integration's Price to Tangible Book Ratio of today is 2.32.

The historical rank and industry rank for NEC Networks & System Integration's Price-to-Tangible-Book or its related term are showing as below:

TSE:1973' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.99 Med: 1.61 Max: 2.52
Current: 2.32

During the past 13 years, NEC Networks & System Integration's highest Price to Tangible Book Ratio was 2.52. The lowest was 0.99. And the median was 1.61.

TSE:1973's Price-to-Tangible-Book is ranked better than
66.4% of 2086 companies
in the Software industry
Industry Median: 3.645 vs TSE:1973: 2.32

A closely related ratio is called PB Ratio. As of today, NEC Networks & System Integration's share price is 円2322.00. NEC Networks & System Integration's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円1,024.09. Hence, NEC Networks & System Integration's P/B Ratio of today is 2.27.

NEC Networks & System Integration Price-to-Tangible-Book Historical Data

The historical data trend for NEC Networks & System Integration's Price-to-Tangible-Book 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.

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NEC Networks & System Integration Price-to-Tangible-Book Chart

NEC Networks & System Integration Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

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2.09

2.44

2.04

1.75

2.52

NEC Networks & System Integration Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.75	2.20	2.12	2.57	2.52

Competitive Comparison of NEC Networks & System Integration's Price-to-Tangible-Book

For the Information Technology Services subindustry, NEC Networks & System Integration's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Networks & System Integration's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, NEC Networks & System Integration's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where NEC Networks & System Integration's Price-to-Tangible-Book falls into.

NEC Networks & System Integration Price-to-Tangible-Book Calculation

NEC Networks & System Integration's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	2322.00	/	1001.376
	=	2.32

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

NEC Networks & System Integration Price-to-Tangible-Book Related Terms

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NEC Networks & System Integration (TSE:1973) Business Description

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Traded in Other Exchanges

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Address

2-6-1 Koraku, Bunkyo-ku, Iidabashi First Tower, Tokyo, JPN, 112-8560

Website

http://www.nesic.co.jp

NEC Networks and System Integration Corp provides a variety of information technology, or IT, services. The company also sells IT products, which include servers, video conferencing systems, network systems, security systems, and software. The firm's range of services includes office space design, cloud computing, communication, networks, security, energy conservation, public IT infrastructure, and supporting services. More revenue comes from the sale of network-related products and services than any other IT product or service. The vast majority of revenue comes from Japan.

NEC Networks & System Integration (TSE:1973) Headlines

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