Rongyu Group Co Ltd
SZSE:002622
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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 (5.4), the stock would be worth ¥2.32 (16% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 6.4 | ¥2.76 |
0%
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| 3-Year Average | 5.4 | ¥2.32 |
-16%
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| 5-Year Average | 4.7 | ¥2.06 |
-25%
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| Industry Average | 3.7 | ¥1.6 |
-42%
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| Country Average | 2.4 | ¥1.06 |
-62%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| 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 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
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.