Zhejiang Mustang Battery Co Ltd
SSE:605378

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Zhejiang Mustang Battery Co Ltd Logo
Zhejiang Mustang Battery Co Ltd
SSE:605378
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Price: 20.27 CNY -1.27% Market Closed
Market Cap: ¥5.3B

P/B

4.2
Current
22%
More Expensive
vs 3-y average of 3.5

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
4.2
=
Market Cap
¥5.7B
/
Total Equity
¥1.2B

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
4.2
=
Market Cap
¥5.7B
/
Total Equity
¥1.2B

Valuation Scenarios

Zhejiang Mustang Battery Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (3.5), the stock would be worth ¥16.67 (18% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-42%
Maximum Upside
No Upside Scenarios
Average Downside
29%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4.2 ¥20.27
0%
3-Year Average 3.5 ¥16.67
-18%
5-Year Average 3.5 ¥16.88
-17%
Industry Average 2.5 ¥12.14
-40%
Country Average 2.4 ¥11.71
-42%

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
CN
Zhejiang Mustang Battery Co Ltd
SSE:605378
5.3B CNY 4.2 58.5
US
Procter & Gamble Co
NYSE:PG
340.4B USD 6.4 21.1
US
Colgate-Palmolive Co
NYSE:CL
67.7B USD 1 253.3 31.7
UK
Reckitt Benckiser Group PLC
LSE:RKT
30.3B GBP 4.8 9.5
US
Kimberly-Clark Corp
NYSE:KMB
31.9B USD 21.2 15.8
DE
Henkel AG & Co KGaA
XETRA:HEN3
25.3B EUR 1.2 12.4
US
Church & Dwight Co Inc
NYSE:CHD
22.8B USD 5.7 30.9
SE
Essity AB (publ)
STO:ESSITY B
168B SEK 1.9 13.3
US
Clorox Co
NYSE:CLX
11.5B USD -91.7 15.2
JP
Unicharm Corp
TSE:8113
1.6T JPY 2.1 25.1
MX
Kimberly-Clark de Mexico SAB de CV
BMV:KIMBERA
121.3B MXN 16.4 15.6

Market Distribution

Higher than 74% of companies in China
Percentile
74rd
Based on 7 605 companies
74rd percentile
4.2
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 Mustang Battery Co Ltd
Glance View

Market Cap
5.3B CNY
Industry
Consumer products

Zhejiang Mustang Battery Co Ltd is a CN-based company operating in Household Products industry. The company is headquartered in Ningbo, Zhejiang and currently employs 866 full-time employees. The company went IPO on 2021-04-12. Zhejiang Mustang Battery Co Ltd is a China-based company mainly engaged in research, development (R&D) and sales of dry batteries. The firm focuses on the R&D, production and sales of environmentally friendly zinc-manganese batteries and is committed to providing customers with green environmentally friendly alkaline batteries and carbon battery products. The firm's products are widely used in household appliances, electric toys, smart home appliances, home medical and health electronic equipment, new consumer electronics, wireless security equipment, outdoor electronic equipment, wireless communication equipment, emergency lighting and other fields. The firm's products are mainly exported and sold to many countries and regions such as the European Union, North America, Southeast Asia.

Intrinsic Value
11.68 CNY
Overvaluation 42%
Intrinsic Value
Price ¥20.27
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