Qingdao Sentury Tire Co Ltd
SZSE:002984
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
P/E
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Valuation Scenarios
If P/E returns to its 3-Year Average (14.4), the stock would be worth ¥20.46 (19% upside from current price).
| Scenario | P/E Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 12.1 | ¥17.18 |
0%
|
| 3-Year Average | 14.4 | ¥20.46 |
+19%
|
| 5-Year Average | 15.3 | ¥21.81 |
+27%
|
| Industry Average | 37.7 | ¥53.65 |
+212%
|
| Country Average | 29.6 | ¥42.2 |
+146%
|
Forward P/E
Today’s price vs future net income
| Today's Market Cap | Net Income | Forward P/E | ||
|---|---|---|---|---|
|
¥21.7B
|
/ |
Oct 2025
¥1.5B
|
= |
|
|
¥21.7B
|
/ |
Dec 2025
¥1.6B
|
= |
|
|
¥21.7B
|
/ |
Dec 2026
¥2B
|
= |
|
|
¥21.7B
|
/ |
Dec 2027
¥2.5B
|
= |
|
Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.
Peer Comparison
| Market Cap | P/E | ||||
|---|---|---|---|---|---|
| CN |
Q
|
Qingdao Sentury Tire Co Ltd
SZSE:002984
|
17.8B CNY | 12.1 | |
| JP |
|
Bridgestone Corp
TSE:5108
|
4.1T JPY | 12.6 | |
| FR |
|
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
|
21.2B EUR | 12.7 | |
| IT |
|
Pirelli & C SpA
MIL:PIRC
|
6.3B EUR | 12.8 | |
| CN |
|
Sailun Group Co Ltd
SSE:601058
|
45.8B CNY | 12.9 | |
| JP |
|
Yokohama Rubber Co Ltd
TSE:5101
|
969.7B JPY | 9.2 | |
| IN |
|
MRF Ltd
NSE:MRF
|
550.1B INR | 24.5 | |
| KR |
H
|
Hankook Tire & Technology Co Ltd
KRX:161390
|
7.2T KRW | 6.6 | |
| IN |
|
Balkrishna Industries Ltd
NSE:BALKRISIND
|
417.7B INR | 31.5 | |
| JP |
|
Toyo Tire Corp
TSE:5105
|
583.6B JPY | 9.2 | |
| CN |
|
Anhui Zhongding Sealing Parts Co Ltd
SZSE:000887
|
22.9B CNY | 15.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 17.1 |
| Median | 29.6 |
| 70th Percentile | 57.7 |
| Max | 43 569.3 |
Other Multiples
Qingdao Sentury Tire Co Ltd
Glance View
In the bustling coastal city of Qingdao, China, Qingdao Sentury Tire Co Ltd has emerged as a notable player in the global tire industry. Founded in 2008, this company quickly carved out a niche for itself by focusing on the development and production of high-performance and durable tires. Sentury Tire capitalizes on its ability to blend advanced technology with efficient manufacturing processes, which allows it to produce tires that are not only competitive in quality but also cost-effective. The company's product lineup includes a range of offerings for passenger vehicles, light trucks, and aircraft, showcasing its versatility and commitment to serving diverse transportation needs. By leveraging advanced automation and robotics in its production facilities, Sentury Tire ensures consistent quality and flexibility, minimizing human error and enhancing productivity. Revenue generation for Sentury Tire primarily stems from its global sales network, which spans across Europe, North America, and Asia. The company's strategic partnerships with distributors and retailers in these regions have allowed it to establish a solid international presence and brand recognition. Moreover, Sentury Tire's investment in research and development is central to its business model, as it continually innovates to meet evolving consumer expectations and stringent industry standards. Through its dedication to producing reliable and performance-oriented tires, the company not only caters to the dynamic demands of the automotive industry but also secures a stable stream of income, reinforcing its position as an influential and efficient player in the tire manufacturing sector.