NL Industries Inc

NYSE NL

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NL Industries Inc Price to Book Ratio (P/B) on June 03, 2024: 0.99

NL Industries Inc Price to Book Ratio (P/B) is 0.99 on June 03, 2024, a 27.88% 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.
  • NL Industries Inc 52-week high Price to Book Ratio (P/B) is 1.18 on May 07, 2024, which is 18.90% above the current Price to Book Ratio (P/B).
  • NL Industries Inc 52-week low Price to Book Ratio (P/B) is 0.62 on October 16, 2023, which is -37.83% below the current Price to Book Ratio (P/B).
  • NL Industries Inc average Price to Book Ratio (P/B) for the last 52 weeks is 0.77.
NYSE: NL

NL Industries Inc

CEO Ms. Courtney J. Riley
IPO Date April 6, 1983
Location United States
Headquarters Three Lincoln Center, Dallas, TX, United States, 75240-2620
Employees 2,751
Sector Industrials
Industry Security & protection services
Description

NL Industries, Inc., through its subsidiary, CompX International Inc., operates in the component products industry in Europe, North America, the Asia Pacific, and internationally. The company manufactures and sells mechanical and electronic cabinet locks and other locking mechanisms, including disc tumbler locks; pin tumbler locking mechanisms under KeSet, System 64, TuBar, and Turbine brands; and electronic locks under CompX eLock and StealthLock brands for use in various applications, such as mailboxes, ignition systems, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electronic circuit panels, storage compartments, gas station security, vending and cash containment machines. It also offers original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical and electronic controls and throttles; wake enhancement devices, trim tabs, steering wheels, and other billet aluminum accessories; dash panels, LED indicators, wire harnesses, and other accessories; and grab handles, pin cleats, and other accessories; primarily for performance and ski/wakeboard and performance boats. In addition, the company produces and markets value-added titanium dioxide pigments, a base industrial product used in imparting whiteness, brightness, opacity, and durability to a diverse range of customer applications and end-use markets, including coatings, plastics, paper, inks, cosmetics, pharmaceuticals, and other industrial and consumer products. The company sells its component products directly to original equipment manufacturers, as well as through distributors. NL Industries, Inc. was founded in 1891 and is based in Dallas, Texas. NL Industries, Inc. operates as a subsidiary of Valhi, Inc.

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StockViz Staff

September 16, 2024

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