Qingdao NovelBeam Technology Co Ltd
SSE:688677
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Relative Value
The Relative Value of one Qingdao NovelBeam Technology Co Ltd stock under the Base Case scenario is 39.98 CNY. Compared to the current market price of 47.38 CNY, Qingdao NovelBeam Technology Co Ltd is Overvalued by 16%.
Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.
Multiples Across Competitors
Competitors Multiples
Qingdao NovelBeam Technology Co Ltd Competitors
| Market Cap | P/S | P/E | EV/EBITDA | EV/EBIT | ||||
|---|---|---|---|---|---|---|---|---|
| CN |
Q
|
Qingdao NovelBeam Technology Co Ltd
SSE:688677
|
5.7B CNY | 9.8 | 32.2 | 28.7 | 28.7 | |
| US |
|
Abbott Laboratories
NYSE:ABT
|
190.5B USD | 4.3 | 29.2 | 16.6 | 22.6 | |
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
178.7B USD | 17.8 | 62.6 | 47.8 | 57.9 | |
| US |
|
Stryker Corp
NYSE:SYK
|
140.9B USD | 5.8 | 47.9 | 23.3 | 28.2 | |
| US |
|
Boston Scientific Corp
NYSE:BSX
|
137.1B USD | 7.1 | 49.1 | 28.8 | 39.1 | |
| IE |
|
Medtronic PLC
NYSE:MDT
|
131.7B USD | 3.8 | 27.6 | 15.5 | 22.4 | |
| US |
|
Becton Dickinson and Co
NYSE:BDX
|
57.7B USD | 2.7 | 34.5 | 12.7 | 21.6 | |
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
47.2B EUR | 2 | 22.2 | 12.6 | 17.8 | |
| US |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
50.5B USD | 12.2 | 49.6 | 35.6 | 39.5 | |
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
48B USD | 8.2 | 35.1 | 25 | 27.4 | |
| US |
|
Resmed Inc
NYSE:RMD
|
37B USD | 7 | 25.7 | 18.5 | 20.5 |
