Nissin Foods Holdings Co.,Ltd., together with its subsidiaries, engages in the manufacture and sale of instant foods in Japan and internationally. The company operates through the Nissin Food Products, Myojo Foods, Chilled and Frozen Foods and Beverages, Confectionery, The Americas, China, Asia, EMEA, and Domestic Others segments. Its products include packaged instant noodles, cup noodles, chilled and frozen foods, soups, chilled noodles, cereal foods, dairy products, confectionery, rice crackers and snacks, beverages and yogurt, potato chips, and other products. The company offers its products under Chicken Ramen, Cup Noodle, Cup Noodles Chicken, Demae Iccho, Hé wèi dào, 365 Noodles, Cup brand names. The company was incorporated in 1948 and is headquartered in Tokyo, Japan.
P/B ratio for Nissin Foods Holdings Co.,Ltd. (2897.T)
P/B ratio as of 2023: 2.59
According to Nissin Foods Holdings Co.,Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.59. At the end of 2022 the company had a P/B ratio of 2.86.
P/B ratio history for Nissin Foods Holdings Co.,Ltd. from 2003 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.59 |
| 2022 | 2.86 |
| 2021 | 2.17 |
| 2020 | 2.23 |
| 2019 | 2.86 |
| 2018 | 2.39 |
| 2017 | 2.03 |
| 2016 | 1.82 |
| 2015 | 1.48 |
| 2014 | 1.65 |
| 2013 | 1.41 |
| 2012 | 1.38 |
| 2011 | 1.12 |
| 2010 | 1.09 |
| 2009 | 1.20 |
| 2008 | 1.05 |
| 2007 | 1.21 |
| 2006 | 1.55 |
| 2005 | 1.40 |
| 2004 | 1.10 |
| 2003 | 0.00 |