Ruida Futures Co Ltd
SZSE:002961
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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 (2.5), the stock would be worth ¥19.85 (20% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 3.1 | ¥24.72 |
0%
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| 3-Year Average | 2.5 | ¥19.85 |
-20%
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| 5-Year Average | 2.9 | ¥22.44 |
-9%
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| Industry Average | 1.1 | ¥8.54 |
-65%
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| Country Average | 2.4 | ¥19.24 |
-22%
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Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Ruida Futures Co Ltd
SZSE:002961
|
11.5B CNY | 3.1 | 21 | |
| US |
|
Morgan Stanley
NYSE:MS
|
296.1B USD | 2.7 | 16.9 | |
| US |
|
Goldman Sachs Group Inc
NYSE:GS
|
267.1B USD | 2.2 | 15.6 | |
| EG |
|
EFG Hermes Holdings SAE
LSE:EFGD
|
167.9B USD | 257.7 | 2 248.9 | |
| US |
|
Charles Schwab Corp
NYSE:SCHW
|
160.3B USD | 3.2 | 17.8 | |
| US |
|
Interactive Brokers Group Inc
NASDAQ:IBKR
|
130.7B USD | 23.4 | 125.9 | |
| US |
|
Robinhood Markets Inc
NASDAQ:HOOD
|
64.2B USD | 7 | 34.1 | |
| CN |
|
CITIC Securities Co Ltd
SSE:600030
|
404.9B CNY | 1.3 | 13.9 | |
| CN |
|
Guotai Junan Securities Co Ltd
SSE:601211
|
284.2B CNY | 0.9 | 10.4 | |
| US |
|
Raymond James Financial Inc
NYSE:RJF
|
30.7B USD | 2.4 | 14.3 | |
| US |
|
LPL Financial Holdings Inc
NASDAQ:LPLA
|
26.5B USD | 5 | 30.7 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Ruida Futures Co Ltd
Glance View
Ruida Futures Co., Ltd. engages in the financial futures brokerage business. The company is headquartered in Xiamen, Fujian and currently employs 656 full-time employees. The company went IPO on 2019-09-05. Futures brokerage business includes commodity futures brokerage business and financial futures brokerage business. The asset management business includes single customer asset management business and specific multi-client asset management business. In addition, the Company also conducts risk management business through its wholly-owned subsidiary Ruida Xinkong Capital Management Co., Ltd. (Ruida Xinkong), and conducts overseas futures brokerage business through its wholly-owned subsidiary Ruida International Finance Holding Limited (Ruida International).