Sinopec Oilfield Equipment Corp
SZSE:000852
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (2.1), the stock would be worth ¥6.75 (6% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.2 | ¥7.21 |
0%
|
| 3-Year Average | 2.1 | ¥6.75 |
-6%
|
| 5-Year Average | 2.1 | ¥6.79 |
-6%
|
| Industry Average | 2.5 | ¥8.09 |
+12%
|
| Country Average | 2.4 | ¥8.03 |
+11%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Sinopec Oilfield Equipment Corp
SZSE:000852
|
6.9B CNY | 2.2 | 357.9 | |
| US |
|
Schlumberger NV
NYSE:SLB
|
83.3B USD | 3.2 | 25 | |
| US |
B
|
Baker Hughes Co
NASDAQ:BKR
|
68.3B USD | 3.5 | 21.9 | |
| US |
|
Halliburton Co
NYSE:HAL
|
34.9B USD | 3.2 | 22.7 | |
| LU |
|
Tenaris SA
MIL:TEN
|
27.2B EUR | 2 | 16.9 | |
| UK |
|
TechnipFMC PLC
NYSE:FTI
|
30.8B USD | 9.2 | 32 | |
| CN |
|
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
|
130.3B CNY | 5.7 | 46.5 | |
| UK |
|
Subsea 7 SA
OSE:SUBC
|
97.4B NOK | 2.3 | 24.7 | |
| IT |
|
Saipem SpA
MIL:SPM
|
8.9B EUR | 3.3 | 18.7 | |
| FR |
|
Technip Energies NV
PAR:TE
|
7.1B EUR | 3.2 | 19.5 | |
| US |
|
Weatherford International PLC
NASDAQ:WFRD
|
7.7B USD | 4.4 | 16.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Sinopec Oilfield Equipment Corp
Glance View
Sinopec Oilfield Equipment Corp. engages in the manufacture and sale of petroleum and natural gas and mining drill bits & petroleum machinery accessories. The company is headquartered in Wuhan, Hubei and currently employs 5,153 full-time employees. The Company’s main products include cone bits and diamond bits, oil rigs, cementing equipment, fracturing equipment, workover rigs, coiled tubing equipment, pressure equipment, natural gas compressors, water treatment equipment, oil and gas pipelines and down hole tools, among others. The firm also provides services, such as petroleum equipment inspection and natural gas pressurization. The firm distributes its products within domestic market and to overseas markets.
