Ronglian Group Ltd
SZSE:002642
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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 (4.2), the stock would be worth ¥7.55 (5% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 4.4 | ¥7.92 |
0%
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| 3-Year Average | 4.2 | ¥7.55 |
-5%
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| 5-Year Average | 3.6 | ¥6.38 |
-19%
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| Industry Average | 3.8 | ¥6.85 |
-13%
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| Country Average | 2.4 | ¥4.4 |
-44%
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Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
R
|
Ronglian Group Ltd
SZSE:002642
|
5.2B CNY | 4.4 | 261.8 | |
| US |
|
International Business Machines Corp
NYSE:IBM
|
213B USD | 6.5 | 19.8 | |
| JP |
|
BrainPad Inc
TSE:3655
|
20.9T JPY | 10.6 | 551.4 | |
| IE |
|
Accenture PLC
NYSE:ACN
|
110.9B USD | 3.6 | 14.5 | |
| IN |
|
Tata Consultancy Services Ltd
NSE:TCS
|
9T INR | 8.1 | 18.6 | |
| IN |
|
Infosys Ltd
NSE:INFY
|
4.7T INR | 5.5 | 17.3 | |
| JP |
N
|
NTT Data Group Corp
DUS:NT5
|
30.3B EUR | 3 | 38.8 | |
| JP |
|
Fujitsu Ltd
TSE:6702
|
5.6T JPY | 2.8 | 11.7 | |
| JP |
|
NTT Data Corp
TSE:9613
|
5.6T JPY | 3 | 39.1 | |
| IN |
|
HCL Technologies Ltd
NSE:HCLTECH
|
3.3T INR | 4.4 | 20 | |
| JP |
|
NEC Corp
TSE:6701
|
5.5T JPY | 2.6 | 22.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Ronglian Group Ltd
Glance View
Ronglian Group Ltd. engages in design, development, and sale of information technology systems. The company is headquartered in Beijing, Beijing and currently employs 779 full-time employees. The company went IPO on 2011-12-20. The firm operates through three main segments. The Enterprises Services segment is engaged in the provision of comprehensive solutions for enterprises through integrated planning consultation, system integration, professional operation and maintenance and special services. This segment is also engaged in the intelligent city, enterprise cloud computing and other fields. The Internet of Things segment is engaged in the provision of data acquisition and access products to support the construction and operation of Internet of Vehicles, Internet of Water and others. The Bio-medical segment is involved in the research and development of biological could platform.