C

Comfort Gloves Bhd
KLSE:COMFORT

Watchlist Manager
Comfort Gloves Bhd
KLSE:COMFORT
Watchlist
Price: 0.15 MYR 3.45%
Market Cap: 87.4m MYR

P/B

0.1
Current
49%
Cheaper
vs 3-y average of 0.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.1
=
Market Cap
MYR69.5m
/
Total Equity
671m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.1
=
Market Cap
MYR69.5m
/
Total Equity
671m

Valuation Scenarios

Comfort Gloves Bhd is trading below its 3-year average

If P/B returns to its 3-Year Average (0.3), the stock would be worth MYR0.3 (97% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+916%
Average Upside
464%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.1 MYR0.15
0%
3-Year Average 0.3 MYR0.3
+97%
5-Year Average 0.3 MYR0.34
+127%
Industry Average 1.1 MYR1.23
+717%
Country Average 1.3 MYR1.52
+916%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
MY
C
Comfort Gloves Bhd
KLSE:COMFORT
Average P/E: 33.6
Negative Multiple: -0.6
N/A N/A
JP
Hoya Corp
TSE:7741
39.6
15%
2.6
US
M
Medline Inc
NASDAQ:MDLN
Not Available
30%
N/A
CH
Alcon AG
SIX:ALC
36.4
32%
1.1
DK
Coloplast A/S
CSE:COLO B
22.8
21%
1.1
US
Align Technology Inc
NASDAQ:ALGN
31
34%
0.9
UK
ConvaTec Group PLC
LSE:CTEC
31.2
41%
0.8
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
23
9%
2.6
JP
A
Asahi Intecc Co Ltd
TSE:7747
51.2
40%
1.3
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -37.9 N/A N/A
CA
Bausch + Lomb Corp
NYSE:BLCO
Negative Multiple: -15 N/A N/A

Market Distribution

Lower than 100% of companies in Malaysia
Percentile
0th
Based on 453 companies
0th percentile
0.1
Low
0 — 0.8
Typical Range
0.8 — 2.5
High
2.5 —
Distribution Statistics
Malaysia
Min 0
30th Percentile 0.8
Median 1.3
70th Percentile 2.5
Max 2 591.7

Comfort Gloves Bhd
Glance View

Market Cap
87.4m MYR
Industry
Health Care

Comfort Gloves Bhd.operates as an investment holding company, which engages in the manufacture and trade of latex gloves. The company is headquartered in Taiping, Perak. The firm operates through four segments: Manufacturing, Investment holding, Trading and Others. The Manufacturing segment is engaged in the manufacturing and trading of latex gloves. The Investment holding segment is involved in the investment holding and provision of management services. The Trading segment is involved in the trading of latex gloves. The firm offers a range of nitrile and latex gloves. The company offers powdered and powder-free examination gloves in different length and color for different applications. Its gloves are exported to the Northern American, Oceanic Countries, Middle East Countries, Europe, South America, Africa and Asia-Pacific region. The firm through its subsidiary, Comfort Rubber Gloves Industries Sdn. Bhd, which is engaged in the manufacturing and trading of latex gloves.

COMFORT Intrinsic Value
0.64 MYR
Undervaluation 77%
Intrinsic Value
Price MYR0.15
C
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett