Zhejiang Golden Eagle Co Ltd
SSE:600232

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Zhejiang Golden Eagle Co Ltd Logo
Zhejiang Golden Eagle Co Ltd
SSE:600232
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Price: 8.48 CNY -0.7% Market Closed
Market Cap: ¥3.1B

P/B

3.3
Current
58%
More Expensive
vs 3-y average of 2.1

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
3.3
=
Market Cap
¥3.2B
/
Total Equity
¥949.9m

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
3.3
=
Market Cap
¥3.2B
/
Total Equity
¥949.9m

Valuation Scenarios

Zhejiang Golden Eagle Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2.1), the stock would be worth ¥5.36 (37% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-42%
Maximum Upside
No Upside Scenarios
Average Downside
36%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.3 ¥8.48
0%
3-Year Average 2.1 ¥5.36
-37%
5-Year Average 1.9 ¥4.96
-42%
Industry Average 1.9 ¥4.89
-42%
Country Average 2.4 ¥6.38
-25%

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 Distribution

In line with most companies in China
Percentile
63nd
Based on 7 605 companies
63nd percentile
3.3
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Zhejiang Golden Eagle Co Ltd
Glance View

Zhejiang Golden Eagle Co.,Ltd.engages in the textile industry. The company is headquartered in Zhoushan, Zhejiang and currently employs 2,131 full-time employees. The company went IPO on 2000-06-02. The firm primarily provides bast fabric products, silk fabric products, textile machinery and the related components, injection molding machinery and related components, garments, among others. The firm distributes its products in domestic market and to overseas markets.

Intrinsic Value
4.3 CNY
Overvaluation 49%
Intrinsic Value
Price ¥8.48
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