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Ronglian Group Ltd
SZSE:002642

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Ronglian Group Ltd
SZSE:002642
Watchlist
Price: 7.92 CNY -0.75% Market Closed
Market Cap: ¥5.2B

P/B

4.4
Current
5%
More Expensive
vs 3-y average of 4.2

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
4.4
=
Market Cap
¥5.1B
/
Total Equity
¥1.2B

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
4.4
=
Market Cap
¥5.1B
/
Total Equity
¥1.2B

Valuation Scenarios

Ronglian Group Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (4.2), the stock would be worth ¥7.55 (5% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-44%
Maximum Upside
No Upside Scenarios
Average Downside
21%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4.4 ¥7.92
0%
3-Year Average 4.2 ¥7.55
-5%
5-Year Average 3.6 ¥6.38
-19%
Industry Average 3.8 ¥6.85
-13%
Country Average 2.4 ¥4.4
-44%

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
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
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

Higher than 75% of companies in China
Percentile
75th
Based on 7 605 companies
75th percentile
4.4
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

Ronglian Group Ltd
Glance View

Market Cap
5.2B CNY
Industry
Technology

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.

Intrinsic Value
4.51 CNY
Overvaluation 43%
Intrinsic Value
Price ¥7.92
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