Shenzhen Refond Optoelectronics Co Ltd
SZSE:300241
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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 (1.7), the stock would be worth ¥5.59 (19% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.1 | ¥6.89 |
0%
|
| 3-Year Average | 1.7 | ¥5.59 |
-19%
|
| 5-Year Average | 1.8 | ¥5.73 |
-17%
|
| Industry Average | 4.5 | ¥14.5 |
+110%
|
| Country Average | 2.4 | ¥7.93 |
+15%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Shenzhen Refond Optoelectronics Co Ltd
SZSE:300241
|
4.8B CNY | 2.1 | 124.7 | |
| US |
|
NVIDIA Corp
NASDAQ:NVDA
|
5.1T USD | 32.3 | 42.4 | |
| US |
|
Broadcom Inc
NASDAQ:AVGO
|
1.9T USD | 24 | 76.9 | |
| TW |
|
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
|
56.5T TWD | 9.8 | 30 | |
| US |
|
Micron Technology Inc
NASDAQ:MU
|
584.8B USD | 8.1 | 24.3 | |
| US |
|
Advanced Micro Devices Inc
NASDAQ:AMD
|
549.5B USD | 8.7 | 126.8 | |
| KR |
|
SK Hynix Inc
KRX:000660
|
701.7T KRW | 7.5 | 21 | |
| US |
|
Intel Corp
NASDAQ:INTC
|
475.9B USD | 4.3 | -149.9 | |
| US |
|
Texas Instruments Inc
NASDAQ:TXN
|
244.2B USD | 15 | 45.8 | |
| UK |
|
Arm Holdings PLC
NASDAQ:ARM
|
214.2B USD | 27.5 | 267.4 | |
| US |
|
Analog Devices Inc
NASDAQ:ADI
|
190.1B USD | 5.6 | 70.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Shenzhen Refond Optoelectronics Co Ltd
Glance View
Shenzhen Refond Optoelectronics Co., Ltd. engages in the development, manufacture and sale of light emitting diode (LED) products. The company is headquartered in Shenzhen, Guangdong and currently employs 2,817 full-time employees. The company went IPO on 2011-07-12. The firm primarily provides high end backlight LED components and assemblies, LED components and assemblies for lighting, as well as LED components and assemblies for displaying, among others. The firm's products are widely used in the manufacture of liquid crystal display (LCD) televisions, computers and mobile phones, as well as daily use electronic products, urban lighting, indoor lighting, displays, industrial applications and automobiles, among others. The firm distributes its products in domestic and overseas markets, with Pearl River Delta region and Yangtze River Delta region as the main market.