NEC Corporation
6701.T

$23.58 B
Marketcap
$88.48
Share price
Country
$1.01
Change (1 day)
$91.71
Year High
$51.90
Year Low

NEC Corporation operates as a provider of information and communication technology solutions in Japan and internationally. The company operates in five segments: Public Solutions, Public Infrastructure, Enterprise, Network Services, and Global. It provides systems integration services comprising systems implementation and consulting; maintenance and support services; outsourcing and cloud services; and system equipment. The company also offers network infrastructure products, including core network equipment, mobile phone base stations, optical transmission systems, and routers and switches; and services and management solutions, such as operation support system (OSS), business support system (BSS), and services. In addition, it provides safer city solutions, including public safety, digital government, and digital finance; software services for service providers, including OSS/BSS; network infrastructure comprising submarine systems and wireless backhaul; and system devices, such as display and projectors, and energy storage systems. Further, the company offers hardware products, such as servers, mainframes, supercomputers, storage products, business and personal computers, point-of-sale systems, automatic teller machines, control equipment, and wireless LAN routers; and software products, including integrated operation management, application servers, security, and database software. It serves public, healthcare, government and media, manufacturing, retail and services, telecommunications, and finance industries. NEC Corporation has collaboration with Analog Devices, Inc. to provide a 5G Network Massive MIMO Antenna Radio Unit for Rakuten Mobile. The company was formerly known as Nippon Electric Company, Limited and changed its name to NEC Corporation in April 1983. NEC Corporation was incorporated in 1899 and is headquartered in Tokyo, Japan.

marketcap

P/B ratio for NEC Corporation (6701.T)

P/B ratio as of 2023: 1.48

According to NEC Corporation's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.48. At the end of 2022 the company had a P/B ratio of 0.85.

P/B ratio history for NEC Corporation from 1998 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 1.48
2022 0.85
2021 0.93
2020 1.34
2019 1.12
2018 1.13
2017 0.88
2016 0.82
2015 0.93
2014 1.11
2013 1.18
2012 0.85
2011 0.68
2010 0.62
2009 0.92
2008 1.07
2007 0.98
2006 1.58
2005 2.41
2004 2.12
2003 3.12
2002 2.83
2001 4.93
2000 5.67
1999 8.05
1998 7.18