Profit recovery boosts Nomura to overcome "breakthrough"! Supported by business expansion, a new round of reassessment may be welcomed.

According to the Securities Times APP, Nomura Holdings (NMR.US) price-to-book ratio has reached 1 times for the first time since 2016, meeting an important benchmark set by the Tokyo Stock Exchange as part of its efforts to enhance shareholder value. On Tuesday, Nomura's stock listed on the Tokyo Stock Exchange rose 1.1% to 1189.5 Japanese yen, marking its highest level since October 2008, and pushing its price-to-book ratio above 1 times. At the time of writing, the stock closed up 0.72% at 1185.0 Japanese yen.