Nippon Paint Holdings Co., Ltd. engages in the paint and fine chemicals businesses. The company offers automotive coatings, including paints for use in bumpers and plastic components; trade-use paints for homes, buildings, and bridges; and industrial coatings that are used in a range of products, including construction and farming machinery, exterior building materials, office equipment, and household electrical appliances. It also provides marine coatings, such as antifouling paints for fuel-saving; and paints for automobiles refinish, DIY, and road surface markings. In addition, the company offers surface treatment products comprising hydrophilic surface treatment and eco-friendly surface treatment agents; and fine products that include functional interlayer coatings, as well as coatings for display films. It has operations in Japan, Asia, the Americas, Oceania, and internationally. The company was formerly known as Nippon Paint Co., Ltd. and changed its name to Nippon Paint Holdings Co., Ltd. in October 2014. Nippon Paint Holdings Co., Ltd. was founded in 1881 and is headquartered in Osaka, Japan.
P/B ratio for Nippon Paint Holdings Co., Ltd. (4612.T)
P/B ratio as of 2023: 1.97
According to Nippon Paint Holdings Co., Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.97. At the end of 2022 the company had a P/B ratio of 2.12.
P/B ratio history for Nippon Paint Holdings Co., Ltd. from 2004 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.97 |
| 2022 | 2.12 |
| 2021 | 3.00 |
| 2020 | 6.39 |
| 2019 | 3.27 |
| 2018 | 2.32 |
| 2017 | 2.27 |
| 2016 | 2.16 |
| 2015 | 1.71 |
| 2014 | 2.56 |
| 2013 | 2.11 |
| 2012 | 1.51 |
| 2011 | 1.22 |
| 2010 | 1.16 |
| 2009 | 1.35 |
| 2008 | 0.93 |
| 2007 | 0.75 |
| 2006 | 1.36 |
| 2005 | 1.29 |
| 2004 | 0.98 |