Nitta Corporation
5186.T

$656.32 M
Marketcap
$24.39
Share price
Country
$-0.33
Change (1 day)
$27.64
Year High
$21.37
Year Low

Nitta Corporation provides power transmission belts, conveyor belts and units, and other products in Japan and internationally. It offers power transmission and conveyor belts, including PolySprint, Polybelt, New Light Grip, and Super Endless belts; and conveyor units, such as curve, spiral, non-snaking, and junction conveyor systems. The company also provides tubing and fittings primarily for pneumatic equipment, semiconductor manufacturing equipment, and industrial robots; and industrial wipers and molded rubber products comprising slide, lip, telesco, and cover seals. In addition, it offers air and chemical filters; filter casting and clean system equipment; bacteria decontamination equipment; and particle and microorganism measuring instruments. Further, the company provides mechatronics products, such as automatic tool changers, swivel joints, and interface units; adhesive sheet Intelimer tapes; and RFID magnetic sheets. It serves civil engineering and construction, automobile, logistic and transportation, environment and energy, industrial machinery, semiconductor, liquid crystal and electronic components, food, medicine, and healthcare industries. The company was formerly known as Nitta Belting Co., Ltd. and changed its name to Nitta Corporation in 1982. Nitta Corporation was founded in 1885 and is headquartered in Osaka, Japan.

marketcap

P/E ratio for Nitta Corporation (5186.T)

P/E ratio as of 2023: 11.21

According to Nitta Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.21. At the end of 2022 the company had a P/E ratio of 7.57.

P/E ratio history for Nitta Corporation from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 11.21
2022 7.57
2021 7.46
2020 16.00
2019 10.03
2018 12.25
2017 12.57
2016 11.45
2015 9.70
2014 12.72
2013 9.76
2012 12.94
2011 9.33
2010 9.46
2009 49.01
2008 19.34
2007 8.73
2006 14.85
2005 16.84
2004 13.32