S

Shanghai Pret Composites Co Ltd
SZSE:002324

Watchlist Manager
Shanghai Pret Composites Co Ltd
SZSE:002324
Watchlist
Price: 14.99 CNY 0.07% Market Closed
Market Cap: ¥16.7B

P/B

3.6
Current
15%
More Expensive
vs 3-y average of 3.2

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
3.6
=
Market Cap
¥19.1B
/
Total Equity
¥4.6B

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
3.6
=
Market Cap
¥19.1B
/
Total Equity
¥4.6B

Valuation Scenarios

Shanghai Pret Composites Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (3.2), the stock would be worth ¥13.02 (13% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-33%
Maximum Upside
+13%
Average Downside
16%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.6 ¥14.99
0%
3-Year Average 3.2 ¥13.02
-13%
5-Year Average 4.1 ¥16.95
+13%
Industry Average 2.5 ¥10.08
-33%
Country Average 2.4 ¥10.07
-33%

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

In line with most companies in China
Percentile
68th
Based on 7 605 companies
68th percentile
3.6
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

Shanghai Pret Composites Co Ltd
Glance View

Market Cap
16.7B CNY
Industry
Chemicals

Shanghai Pret Composites Co Ltd is a compelling story of innovation and adaptation, illustrating how a company can carve out a niche in the highly competitive materials industry. Founded in bustling Shanghai, Pret Composites has committed itself to the development and production of high-performance composite materials. Originally catering to a domestic market hungry for alternatives to traditional materials, the company quickly adapted to global demand by focusing on engineered solutions that reduce weight and enhance strength across multiple sectors, such as automotive, electronics, and construction. Their expertise lies in creating materials that meet complex technical specifications, and this has allowed them to enter valuable partnerships with leading manufacturers around the world. The way Shanghai Pret generates revenue is a testament to the firm's strategic agility. By emphasizing research and development, the company continually enhances its product portfolio, offering innovative, sustainable solutions that often exceed industry standards. Their profitability is underpinned by the close relationships they foster with their clients, ensuring that their composite materials not only fulfill client requirements but also set industry benchmarks in performance and sustainability. As the demand for more efficient, eco-friendly materials rises, Pret Composites finds itself acutely aligned with market trends that prioritize environmental responsibility, reinforcing their presence and profitability in both established and emerging markets.

Intrinsic Value
9.91 CNY
Overvaluation 34%
Intrinsic Value
Price ¥14.99
S
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