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Tongyang Pile Inc
KOSDAQ:228340

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Tongyang Pile Inc
KOSDAQ:228340
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Price: 2 035 KRW
Market Cap: ₩40.7B

P/B

0.3
Current
1%
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
0.3
=
Market Cap
₩42.2B
/
Total Equity
₩118.8B

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
0.3
=
Market Cap
₩42.2B
/
Total Equity
₩118.8B

Valuation Scenarios

Tongyang Pile Inc is trading below its 3-year average

If P/B returns to its 3-Year Average (0.3), the stock would be worth ₩2 045.37 (1% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+227%
Average Upside
87%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.3 ₩2 035
0%
3-Year Average 0.3 ₩2 045.37
+1%
5-Year Average 0.5 ₩2 787.97
+37%
Industry Average 0.6 ₩3 765.9
+85%
Country Average 1.1 ₩6 662.39
+227%

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
Market Cap P/B P/E
KR
Tongyang Pile Inc
KOSDAQ:228340
40.7B KRW 0.3 -5
IE
CRH PLC
NYSE:CRH
78.9B USD 3.3 21
CH
Holcim AG
SIX:HOLN
39.8B CHF 2.6 3.1
DE
HeidelbergCement AG
XETRA:HEI
32.8B EUR 1.8 16.9
US
Vulcan Materials Co
NYSE:VMC
38.1B USD 4.5 35.4
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.6T INR 4.9 48.6
US
Martin Marietta Materials Inc
NYSE:MLM
37.1B USD 3.7 32.6
US
Amrize AG
SIX:AMRZ
24.4B CHF 2.3 25.9
DE
Heidelberg Materials AG
XMUN:HEI
21.7B EUR 1.2 11.2
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 1.9 44.3
CN
China Jushi Co Ltd
SSE:600176
133B CNY 4.3 40.5

Market Distribution

Lower than 92% of companies in Korea
Percentile
8th
Based on 1 345 companies
8th percentile
0.3
Low
0.1 — 0.7
Typical Range
0.7 — 2.3
High
2.3 —
Distribution Statistics
Korea
Min 0.1
30th Percentile 0.7
Median 1.1
70th Percentile 2.3
Max 2 461.2

Tongyang Pile Inc
Glance View

Market Cap
40.7B KRW
Industry
Construction

TONGYANG PILE, Inc. engages in the manufacture and sale of concrete pipes and other structural concrete products. The company is headquartered in Asan, Chungcheongnam-Do and currently employs 35 full-time employees. The company went IPO on 2016-04-06. The Company’s main product is pre-tensioned spun high strength concrete (PHC) piles which are used for construction of buildings, roads, bridges and plants. The firm also engages in the manufacture of other concrete products which are used for other constructed purposes. The firm mainly distributes its products within domestic market.

Intrinsic Value
836.71 KRW
Overvaluation 59%
Intrinsic Value
Price ₩2 035
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