Zhejiang Weixing New Building Materials Co Ltd
SZSE:002372
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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 (4.1), the stock would be worth ¥12.66 (15% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 3.5 | ¥11.02 |
0%
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| 3-Year Average | 4.1 | ¥12.66 |
+15%
|
| 5-Year Average | 5.5 | ¥16.95 |
+54%
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| Industry Average | 2.1 | ¥6.5 |
-41%
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| Country Average | 2.4 | ¥7.61 |
-31%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Zhejiang Weixing New Building Materials Co Ltd
SZSE:002372
|
17B CNY | 3.5 | 23.4 | |
| US |
F
|
Fortune Brands Home & Security Inc
LSE:0IRN
|
560.8B USD | 234.8 | 1 876.8 | |
| IE |
|
Trane Technologies PLC
NYSE:TT
|
106.2B USD | 12.4 | 36.4 | |
| IE |
|
Johnson Controls International PLC
NYSE:JCI
|
86.5B USD | 6.6 | 25.5 | |
| US |
|
Carrier Global Corp
NYSE:CARR
|
51.6B USD | 3.7 | 34.8 | |
| FR |
|
Compagnie de Saint Gobain SA
PAR:SGO
|
37.7B EUR | 1.5 | 13.1 | |
| SE |
|
Assa Abloy AB
STO:ASSA B
|
392.8B SEK | 3.8 | 26.6 | |
| JP |
|
Daikin Industries Ltd
TSE:6367
|
6.4T JPY | 2 | 23.5 | |
| CH |
|
Geberit AG
SIX:GEBN
|
17.4B CHF | 11.4 | 28.9 | |
| US |
|
Lennox International Inc
NYSE:LII
|
18B USD | 15.5 | 22.4 | |
| IE |
K
|
Kingspan Group PLC
ISEQ:KRX
|
14.3B EUR | 3.2 | 21.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Zhejiang Weixing New Building Materials Co Ltd
Glance View
Zhejiang Weixing New Building Materials Co., Ltd. stands as a notable player in the realm of construction and infrastructure, headquartered in China. Since its establishment, the company has carved a niche in the manufacturing sector by specializing in the production of plastic pipes and fittings. These products, essential components in the construction industry, cater to a wide array of applications including water supply, drainage, electrical installations, and agricultural irrigation systems. By leveraging technological innovation and sustainability practices, Zhejiang Weixing not only provides durable and efficient solutions to complex construction challenges but also aligns itself with the industry's stringent environmental standards. Its commitment to quality and sustainable practices secures its reputation among both domestic and international markets. The company’s business model capitalizes on the growing urbanization trends and the escalating demand for efficient building materials in emerging and developed markets alike. Zhejiang Weixing’s revenue streams are diversified across various sectors, owing to its wide-ranging product portfolio that supports infrastructure development, real estate projects, and industrial utilities. Its strategic investments in R&D have enabled the introduction of cutting-edge products that meet evolving industry needs, helping it stand out in a competitive marketplace. By maintaining a robust distribution network and establishing long-term partnerships, Zhejiang Weixing ensures consistent customer service and product availability, thus consolidating its market position and expanding its financial footprint.