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: 20.3 CNY -1.41% Market Closed
Market Cap: ¥5.3B

P/E

58.6
Current
50%
More Expensive
vs 3-y average of 39.2

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
58.6
=
Market Cap
¥5.7B
/
Net Income
¥90.6m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
58.6
=
Market Cap
¥5.7B
/
Net Income
¥90.6m

Valuation Scenarios

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

If P/E returns to its 3-Year Average (39.2), the stock would be worth ¥13.57 (33% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-62%
Maximum Upside
No Upside Scenarios
Average Downside
43%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 58.6 ¥20.3
0%
3-Year Average 39.2 ¥13.57
-33%
5-Year Average 43.2 ¥14.97
-26%
Industry Average 22.4 ¥7.75
-62%
Country Average 29.6 ¥10.27
-49%

Forward P/E
Today’s price vs future net income

Not enough data available to calculate forward P/E

Market Distribution

Higher than 70% of companies in China
Percentile
70th
Based on 5 557 companies
70th percentile
58.6
Low
0 — 17.1
Typical Range
17.1 — 57.7
High
57.7 —
Distribution Statistics
China
Min 0
30th Percentile 17.1
Median 29.6
70th Percentile 57.7
Max 43 569.3

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 ¥20.3
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