Beijing Tongtech Co Ltd
SZSE:300379
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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 (2.3), the stock would be worth ¥12.51 (627% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.3 | ¥1.72 |
0%
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| 3-Year Average | 2.3 | ¥12.51 |
+627%
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| 5-Year Average | 2.9 | ¥16.14 |
+838%
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| Industry Average | 3.8 | ¥21.07 |
+1 125%
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| Country Average | 2.4 | ¥13.52 |
+686%
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Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
B
|
Beijing Tongtech Co Ltd
SZSE:300379
|
959.6m CNY | 0.3 | -2 | |
| US |
|
Microsoft Corp
NASDAQ:MSFT
|
3T USD | 7.8 | 25.4 | |
| US |
|
Oracle Corp
NYSE:ORCL
|
464B USD | 12.1 | 28.7 | |
| US |
|
Palo Alto Networks Inc
NASDAQ:PANW
|
146.3B USD | 13.4 | 98.3 | |
| US |
|
CrowdStrike Holdings Inc
NASDAQ:CRWD
|
112.9B USD | 25.5 | -695 | |
| US |
|
ServiceNow Inc
NYSE:NOW
|
91.5B USD | 7.8 | 52.1 | |
| US |
V
|
VMware Inc
XETRA:BZF1
|
58B EUR | 26.8 | 47.9 | |
| US |
|
Fortinet Inc
NASDAQ:FTNT
|
62.6B USD | 50.6 | 33.8 | |
| US |
|
Xperi Holding Corp
LSE:0M2A
|
54.6B USD | 113.7 | 491.7 | |
| CN |
K
|
Knowledge Atlas Technology JSC Ltd
HKEX:2513
|
359.4B HKD | -41.1 | -70.8 | |
| CN |
|
MiniMax Group Inc
HKEX:100
|
216.3B HKD | -10.5 | -14.8 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Beijing Tongtech Co Ltd
Glance View
In the sprawling economic landscape of Beijing, amid the hustle and bustle of technological innovation, stands Beijing Tongtech Co Ltd, a powerhouse in the realm of information infrastructure software. Since its inception, Tongtech has carved a niche for itself with a keen focus on middleware solutions, which act as vital conduits facilitating seamless communication between various software applications. By providing robust core technology components, such as message-oriented middleware and transaction-oriented middleware, Beijing Tongtech empowers businesses to forge harmonized, efficient systems. This technological prowess is not merely an abstract contribution; it is integrated into diverse sectors like telecommunications, finance, and government services, where robust, reliable data exchange can spell the difference between success and stagnation. Driven by an insatiable appetite for advancement, Beijing Tongtech ensures its revenue streams through the development, sale, and maintenance of its middleware solutions. Their business model blends software licensing with subscription services, coupling upfront license fees with recurring revenue from maintenance contracts and technical support. By collaborating with key industry players, including major telecommunications companies, the firm secures a steady demand for its dynamic middleware products. Moreover, the company's commitment to research and development propels continuous innovation, allowing it to adapt and cater to evolving technological needs, thereby reinforcing its market position as an indispensable ally for organizations maneuvering through the complexities of modern information systems.