Shanghai Pret Composites Co Ltd
SZSE:002324
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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 (3.2), the stock would be worth ¥13.02 (13% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 3.6 | ¥14.99 |
0%
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| 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
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
S
|
Shanghai Pret Composites Co Ltd
SZSE:002324
|
16.7B CNY | 3.6 | 64.9 | |
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR | 1.8 | -8.8 | |
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
45.6B USD | 12.2 | 41.8 | |
| US |
|
Dow Inc
NYSE:DOW
|
28.4B USD | 1.8 | -10.9 | |
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
458.5T IDR | 7.3 | 24.8 | |
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
23.6B USD | 2.4 | -31.9 | |
| TW |
|
Nan Ya Plastics Corp
TWSE:1303
|
726.5B TWD | 2 | 160.8 | |
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
156.4B CNY | 2.3 | 17.5 | |
| KR |
|
LG Chem Ltd
KRX:051910
|
31.9T KRW | 1 | -17.5 | |
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
136.3B CNY | 3.1 | 185.1 | |
| CN |
G
|
Guangzhou Tinci Materials Technology Co Ltd
SZSE:002709
|
120.7B CNY | 6.8 | 42.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Shanghai Pret Composites Co Ltd
Glance View
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.