Shenzhen Megmeet Electrical Co Ltd
SZSE:002851
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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 (3.9), the stock would be worth ¥44.18 (62% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 10.1 | ¥115.61 |
0%
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| 3-Year Average | 3.9 | ¥44.18 |
-62%
|
| 5-Year Average | 4.3 | ¥49.17 |
-57%
|
| Industry Average | 3.7 | ¥42.09 |
-64%
|
| Country Average | 2.4 | ¥28.02 |
-76%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Shenzhen Megmeet Electrical Co Ltd
SZSE:002851
|
63.3B CNY | 10.1 | 266.5 | |
| CN |
|
Contemporary Amperex Technology Co Ltd
SZSE:300750
|
2T CNY | 6.1 | 26 | |
| FR |
|
Schneider Electric SE
PAR:SU
|
151B 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 | 29.6 | 80.5 | |
| US |
|
Emerson Electric Co
NYSE:EMR
|
76.7B USD | 3.9 | 33.9 | |
| 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 | 36.1 | |
| FR |
|
Legrand SA
PAR:LR
|
39.7B 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
Shenzhen Megmeet Electrical Co Ltd
Glance View
Nestled within the bustling economic hub of Shenzhen, Megmeet Electrical Co., Ltd. has carved a niche for itself in the realm of power electronics technology. The company, established in 2003, navigates the intricate web of modern electronics with an adeptness that rivals its global counterparts. Specializing in power electronics and industrial automation, Megmeet operates with a multifaceted approach that incorporates research, design, manufacturing, and sales. Central to its business model is the creation of cutting-edge power supply units and customized power solutions, which serve a wide array of industries, including telecommunications, healthcare, and renewable energy. Through a seamless integration of technological innovation and agile manufacturing, Megmeet caters to the diverse needs of its clients, ensuring a steady stream of revenue through the provision of customizable and reliable electronic solutions. The financial lifeblood of Megmeet flows from its robust product portfolio, which not only addresses existing market needs but also anticipates future demands. By investing heavily in research and development, the company stays at the forefront of technological advancements, continually refining its products. This focus on innovation is complemented by strategic partnerships and a strong distribution network, which amplify its reach across global markets. The company's success is anchored in its ability to offer comprehensive, energy-efficient products that are increasingly vital in a world driven by digitalization and sustainability concerns. As industries transition to cleaner, smarter technologies, Megmeet's diversified product range and commitment to excellence position it as a vital player in powering the world of tomorrow.