Ningbo Tuopu Group Co Ltd
SSE:601689

Watchlist Manager
Ningbo Tuopu Group Co Ltd Logo
Ningbo Tuopu Group Co Ltd
SSE:601689
Watchlist
Price: 56.67 CNY -3.64% Market Closed
Market Cap: ¥98.5B

P/B

4.1
Current
25%
Cheaper
vs 3-y average of 5.4

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
4.1
=
Market Cap
¥100.4B
/
Total Equity
¥24.1B

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
4.1
=
Market Cap
¥100.4B
/
Total Equity
¥24.1B

Valuation Scenarios

Ningbo Tuopu Group Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (5.4), the stock would be worth ¥75.1 (33% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-40%
Maximum Upside
+33%
Average Upside
1%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4.1 ¥56.67
0%
3-Year Average 5.4 ¥75.1
+33%
5-Year Average 5.4 ¥75.53
+33%
Industry Average 3.2 ¥44.44
-22%
Country Average 2.4 ¥33.96
-40%

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

Higher than 72% of companies in China
Percentile
72nd
Based on 7 605 companies
72nd percentile
4.1
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

Ningbo Tuopu Group Co Ltd
Glance View

In the bustling industrial realms of China, Ningbo Tuopu Group Co Ltd has carved a significant niche for itself as a pivotal player in the automotive component industry. Established in the dynamic city of Ningbo, this company has steadily evolved from its humble beginnings into a sophisticated powerhouse, supplying a diverse range of automotive components across global markets. Specializing in the manufacturing of rubber and plastic automotive parts, the group's prowess lies in its vertically integrated operations, which encompass everything from research and development to production and sales. This holistic approach enables the company to maintain stringent quality control and offers cost efficiencies that are attractive to some of the world's leading automotive manufacturers. Ningbo Tuopu's primary revenue stream flows from its contracts with global automotive giants, allowing them to contribute critical parts such as chassis, powertrains, and noise reduction components essential for modern vehicles. The company's commitment to innovation is evident in its substantial investment in R&D, focused on developing cutting-edge solutions that cater to new automotive trends like electrification and automation. By aligning its product offerings with the evolving demands of the automotive market, Ningbo Tuopu not only fortifies its position in the industry but also ensures a robust growth trajectory. With a keen understanding of market dynamics and an ever-expanding global footprint, the company has effectively positioned itself at the forefront of the next generation of automotive innovations.

Intrinsic Value
63.71 CNY
Undervaluation 11%
Intrinsic Value
Price ¥56.67
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