Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment, inspection and measuring equipment, electronic devices, sensors, and other products. Its products are used for applications in robotics, IoT products, automotive components, home appliances, logistics/agriculture, information technology, office automation, mobile devices and optical components, medical and health care products, housing equipment, commercial and professional products, industrial machinery, and processing/inspection equipment. The company was incorporated in 1973 and is headquartered in Kyoto, Japan.
P/B ratio for Nidec Corporation (6594.T)
P/B ratio as of 2023: 2.17
According to Nidec Corporation's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.17. At the end of 2022 the company had a P/B ratio of 2.91.
P/B ratio history for Nidec Corporation from 2000 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.17 |
| 2022 | 2.91 |
| 2021 | 4.40 |
| 2020 | 7.18 |
| 2019 | 3.47 |
| 2018 | 4.21 |
| 2017 | 5.20 |
| 2016 | 3.71 |
| 2015 | 2.99 |
| 2014 | 3.00 |
| 2013 | 3.30 |
| 2012 | 1.78 |
| 2011 | 2.80 |
| 2010 | 2.82 |
| 2009 | 4.09 |
| 2008 | 2.08 |
| 2007 | 2.75 |
| 2006 | 3.62 |
| 2005 | 5.17 |
| 2004 | 4.48 |
| 2003 | 6.44 |
| 2002 | 4.83 |
| 2001 | 6.14 |
| 2000 | 3.93 |