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Rongyu Group Co Ltd
SZSE:002622

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Rongyu Group Co Ltd
SZSE:002622
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Price: 2.76 CNY 5.34% Market Closed
Market Cap: ¥2.3B

P/B

6.4
Current
19%
More Expensive
vs 3-y average of 5.4

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
6.4
=
Market Cap
¥2.1B
/
Total Equity
¥364.4m

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
6.4
=
Market Cap
¥2.1B
/
Total Equity
¥364.4m

Valuation Scenarios

Rongyu Group Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (5.4), the stock would be worth ¥2.32 (16% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-62%
Maximum Upside
No Upside Scenarios
Average Downside
36%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 6.4 ¥2.76
0%
3-Year Average 5.4 ¥2.32
-16%
5-Year Average 4.7 ¥2.06
-25%
Industry Average 3.7 ¥1.6
-42%
Country Average 2.4 ¥1.06
-62%

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
Rongyu Group Co Ltd
SZSE:002622
2.3B CNY 6.4 -29.9
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 6.1 26
FR
Schneider Electric SE
PAR:SU
152.7B EUR 6.2 36.3
CH
Abb Ltd
SIX:ABBN
139.2B CHF 12.3 36.7
IE
Eaton Corporation PLC
NYSE:ETN
159.3B USD 8.6 40.9
US
Vertiv Holdings Co
NYSE:VRT
117.6B USD 29.4 80.1
US
Emerson Electric Co
NYSE:EMR
76.7B USD 3.9 34.2
KR
LG Energy Solution Ltd
KRX:373220
110.7T KRW 5.3 -100
JP
Fujikura Ltd
TSE:5803
9.9T JPY 19.5 68.7
US
AMETEK Inc
NYSE:AME
52.2B USD 5 36.2
FR
Legrand SA
PAR:LR
39.1B EUR 5.4 31.9
P/E Multiple
Earnings Growth PEG
CN
Rongyu Group Co Ltd
SZSE:002622
Average P/E: 43.4
Negative Multiple: -29.9
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
26
22%
1.2
FR
Schneider Electric SE
PAR:SU
36.3
23%
1.6
CH
Abb Ltd
SIX:ABBN
36.7
13%
2.8
IE
Eaton Corporation PLC
NYSE:ETN
40.9
19%
2.2
US
Vertiv Holdings Co
NYSE:VRT
80.1
43%
1.9
US
Emerson Electric Co
NYSE:EMR
34.2
25%
1.4
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -100 N/A N/A
JP
Fujikura Ltd
TSE:5803
68.7
44%
1.6
US
AMETEK Inc
NYSE:AME
36.2
14%
2.6
FR
Legrand SA
PAR:LR
31.9
14%
2.3

Market Distribution

Higher than 85% of companies in China
Percentile
85th
Based on 7 605 companies
85th percentile
6.4
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

Rongyu Group Co Ltd
Glance View

Rongyu Group Co., Ltd. provides electrical equipment, credit information, big data solutions, banking, business factoring, financial leasing and insurance broker services. The company is headquartered in Beijing, Beijing and currently employs 1,365 full-time employees. The company went IPO on 2011-10-18. Through its subsidiaries, the Company is divided into three segments. The Industrial segment is principally engaged in the research and development, production and sales of permanent magnet switches and high-low voltage switch equipment products. The Innovative Technology segment provides credit data system software development service, all channels digital retail management solutions and products as well as digital marketing and advertising agency services. The Financial Services segment includes factoring business, financial leasing services and consulting services. The firm mainly conducts its businesses in domestic market.

Intrinsic Value
1.64 CNY
Overvaluation 40%
Intrinsic Value
Price ¥2.76
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