Northern Technologies

NASDAQ NTIC

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Northern Technologies Price to Book Ratio (P/B) on June 03, 2024: 2.55

Northern Technologies Price to Book Ratio (P/B) is 2.55 on June 03, 2024, a 60.56% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Northern Technologies 52-week high Price to Book Ratio (P/B) is 2.61 on May 10, 2024, which is 2.32% above the current Price to Book Ratio (P/B).
  • Northern Technologies 52-week low Price to Book Ratio (P/B) is 1.42 on December 13, 2023, which is -44.34% below the current Price to Book Ratio (P/B).
  • Northern Technologies average Price to Book Ratio (P/B) for the last 52 weeks is 1.84.
NASDAQ: NTIC

Northern Technologies

CEO Mr. G. Patrick Lynch
IPO Date Sept. 13, 1993
Location United States
Headquarters 4201 Woodland Road, Circle Pines, MN, United States, 55014
Employees 224
Sector Basic Materials
Industry Specialty chemicals
Description

Northern Technologies International Corporation develops and markets rust and corrosion inhibiting solutions in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company provides a portfolio of bio-based and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site and technical consulting for rust and corrosion prevention issues. It sells its products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets through direct sales force, network of independent distributors, agents, manufacturer's sales representatives, and strategic partners. The company was founded in 1970 and is headquartered in Circle Pines, Minnesota.

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StockViz Staff

September 20, 2024

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