Nissin Foods (2897.T)

P/B ratio as of November 2024 : 2.31

According to Nissin Foods 's latest financial reports the company has a price-to-book ratio of 1.6316.
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 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
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

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Nissin Foods (2897.T) - P/B ratio