Stocktoria
Nomura Holdings, Inc. 8604.T
JP · Tokyo Stock Exchange · XTKS · stock · Financial Services · website
Nomura Holdings, Inc. statistics & valuation
Market cap¥4.21T
P / E11.6×
P / S2.3×
P / B1.1×
Dividend yield4.27%
Net margin19.7%
Return on equity9.8%
FCF margin-65.0%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
Nomura Holdings, Inc. trades at about 11.9× earnings — below its 10-year norm (10-year range 7.1×–17.1×, median 16.3×).
7.1×
17.1×
Shaded band = 10-year range (7.1×–17.1×); dot = today's 11.9×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Net margin | 19.7% | 20.5% | 12.0% | 8.1% |
| FCF margin | -65.0% | -52.2% | -1.0% | -75.6% |
| Return on assets | 0.6% | 0.6% | 0.3% | 0.2% |
| Return on equity | 9.8% | 9.8% | 5.0% | 2.9% |
| Debt / equity | 4.30× | 3.97× | 3.83× | 3.41× |
Source: company filings via Yahoo Finance · JP · as of 2026-03-31. Figures in JPY; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.