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Taier Heavy Industry Co Ltd
SZSE:002347

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Taier Heavy Industry Co Ltd
SZSE:002347
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Price: 7.86 CNY 1.95%
Market Cap: ¥4B

P/B

3.5
Current
49%
More Expensive
vs 3-y average of 2.3

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
3.5
=
Market Cap
¥4.2B
/
Total Equity
¥1.1B

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
3.5
=
Market Cap
¥4.2B
/
Total Equity
¥1.1B

Valuation Scenarios

Taier Heavy Industry Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2.3), the stock would be worth ¥5.28 (33% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-41%
Maximum Upside
No Upside Scenarios
Average Downside
29%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.5 ¥7.86
0%
3-Year Average 2.3 ¥5.28
-33%
5-Year Average 2 ¥4.62
-41%
Industry Average 3.1 ¥6.95
-12%
Country Average 2.4 ¥5.55
-29%

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 Cap P/B P/E
CN
Taier Heavy Industry Co Ltd
SZSE:002347
4B CNY 3.5 -170.1
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 0 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 24 437.1 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 1 29.8
US
Parker-Hannifin Corp
NYSE:PH
119.6B USD 8.4 33.8
JP
Freund Corp
TSE:6312
16.9T JPY 1 012.7 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
16.1T JPY 6.2 57.4
SE
Atlas Copco AB
STO:ATCO A
839.4B SEK 7.6 31.8
US
Illinois Tool Works Inc
NYSE:ITW
76.7B USD 23.7 24.9
US
Barnes Group Inc
NYSE:B
64.4B USD 2.4 12.8
SE
Sandvik AB
STO:SAND
477B SEK 4.8 32.2
P/E Multiple
Earnings Growth PEG
CN
T
Taier Heavy Industry Co Ltd
SZSE:002347
Average P/E: 37 238.8
Negative Multiple: -170.1
N/A N/A
JP
F
Fujitec Co Ltd
TSE:6406
0
19%
0
JP
I
Ishii Iron Works Co Ltd
TSE:6362
363 670.8
N/A N/A
JP
S
Star Micronics Co Ltd
TSE:7718
29.8
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
33.8
11%
3.1
JP
Freund Corp
TSE:6312
8 494.3
29%
292.9
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
57.4
23%
2.5
SE
Atlas Copco AB
STO:ATCO A
31.8
11%
2.9
US
Illinois Tool Works Inc
NYSE:ITW
24.9
7%
3.6
US
Barnes Group Inc
NYSE:B
12.8
16%
0.8
SE
Sandvik AB
STO:SAND
32.2
17%
1.9

Market Distribution

In line with most companies in China
Percentile
66th
Based on 7 605 companies
66th percentile
3.5
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

Taier Heavy Industry Co Ltd
Glance View

Market Cap
4B CNY
Industry
Machinery

Taier Heavy Industry Co., Ltd. engages in the machinery manufacturing. The company is headquartered in Ma'Anshan, Anhui and currently employs 1,194 full-time employees. The company went IPO on 2010-01-28. The firm's main products include the industrial cardan shafts, gear couplings, shear blades, skateboards, coilers and take-up shafts. The firm mainly conducts its business in domestic market.

Intrinsic Value
3.16 CNY
Overvaluation 60%
Intrinsic Value
Price ¥7.86
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