Nitto Boseki Co., Ltd.
3110
Rank in Stocks
#4410
Nitto Boseki Co., Ltd., headquartered in Tokyo, Japan, is a company with a rich... Nitto Boseki Co., Ltd., headquartered in Tokyo, Japan, is a company with a rich history, having been founded in 1918 as Fukusima Seiren Seishi K.K. and adopting its current name in April 1923. The organization operates across multiple sectors, specializing in the production, processing, and distribution of a diverse range of products. Its core activities encompass textiles, including various apparel items like women's interlinings, stretch fabrics, and other functional textiles, as well as industrial textile goods. The company is also a significant provider of glass fiber products, which are utilized in automotive applications, smartphone casing composites, high-performance electronic substrates, resin-coated film materials, and house insulation. Furthermore, Nitto Boseki's portfolio extends to rock wool and building materials, along with specialty chemicals and medical solutions. In the medical domain, it develops reagents for in vitro diagnostics within biochemistry, hematology, and immunology. Its chemical division focuses on creating functional polymers for numerous industrial applications. Beyond these primary areas, the company manufactures PET bottles and soft drinks. It is also involved in construction project planning, supervision, and contracting, alongside the design, manufacturing, and marketing of machinery and equipment.
Share Price
$19.43
Market Cap
$3.54B
Change (1 day)
-0.90%
Change (1 year)
85.37%
Country
JP
Trade Nitto Boseki Co., Ltd. (3110)
Category
Basic Materials
P/E ratio for Nitto Boseki Co., Ltd. (3110)
P/E ratio as of October 2026 TTM: 12.15
According to Nitto Boseki Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.15. At the end of 2024 the company had a P/E ratio of 28.59.
P/E ratio history for Nitto Boseki Co., Ltd. from 2002 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 12.15 | 2.93% |
| 2025 | 11.80 | -58.74% |
| 2024 | 28.59 | 4.89% |
| 2023 | 27.26 | 62.37% |
| 2022 | 16.79 | -12.92% |
| 2021 | 19.28 | -39.95% |
| 2020 | 32.10 | 220.81% |
| 2019 | 10.01 | 17.09% |
| 2018 | 8.55 | -41.82% |
| 2017 | 14.69 | 13.72% |
| 2016 | 12.92 | -36.31% |
| 2015 | 20.28 | -18.53% |
| 2014 | 24.89 | 0.21% |
| 2013 | 24.84 | -44.88% |
| 2012 | 45.07 | 225.22% |
| 2011 | 13.86 | -55.48% |
| 2010 | 31.13 | -789.60% |
| 2009 | -4.51 | -152.81% |
| 2008 | 8.55 | -62.98% |
| 2007 | 23.09 | -10.50% |
| 2006 | 25.80 | 43.14% |
| 2005 | 18.03 | -29.39% |
| 2004 | 25.53 | -76.84% |
| 2003 | 110.23 | -495.69% |
| 2002 | -27.86 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 20.37 | 67.74% |
AU
|
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| - | - |
MX
|
|
| 30.58 | 151.78% |
SA
|
|
| - | - |
BR
|
|
| - | - |
CN
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.