Piesat Information Technology Co Ltd
SSE:688066

Watchlist Manager
Piesat Information Technology Co Ltd Logo
Piesat Information Technology Co Ltd
SSE:688066
Watchlist
Price: 17.94 CNY -3.6% Market Closed
Market Cap: ¥4.7B

P/B

9.2
Current
69%
More Expensive
vs 3-y average of 5.4

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.

P/B
9.2
=
Market Cap
¥6.2B
/
Total Equity
¥509.6m

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.

P/B
9.2
=
Market Cap
¥6.2B
/
Total Equity
¥509.6m

Valuation Scenarios

Piesat Information Technology Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (5.4), the stock would be worth ¥10.62 (41% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-73%
Maximum Upside
No Upside Scenarios
Average Downside
53%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 9.2 ¥17.94
0%
3-Year Average 5.4 ¥10.62
-41%
5-Year Average 5.4 ¥10.62
-41%
Industry Average 3.8 ¥7.44
-59%
Country Average 2.4 ¥4.78
-73%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CN
Piesat Information Technology Co Ltd
SSE:688066
4.7B CNY 9.2 -3
US
Ezenia! Inc
OTC:EZEN
567B USD -503 105.6 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
341B USD 46.1 209.4
DE
SAP SE
XETRA:SAP
172B EUR 3.9 24
US
Salesforce Inc
NYSE:CRM
166.9B USD 2.8 22.4
US
Applovin Corp
NASDAQ:APP
151.7B USD 71 45.5
US
Intuit Inc
NASDAQ:INTU
109.9B USD 5.8 25.3
US
Adobe Inc
NASDAQ:ADBE
99.6B USD 8.7 13.8
US
Synopsys Inc
NASDAQ:SNPS
95.9B USD 3.1 87
US
NCR Corp
LSE:0K45
86.7B USD 75.1 2 065.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
90.5B USD 16.5 81.6
P/E Multiple
Earnings Growth PEG
CN
Piesat Information Technology Co Ltd
SSE:688066
Average P/E: 286
Negative Multiple: -3
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
209.4
58%
3.6
DE
SAP SE
XETRA:SAP
24
17%
1.4
US
Salesforce Inc
NYSE:CRM
22.4
31%
0.7
US
Applovin Corp
NASDAQ:APP
45.5
38%
1.2
US
Intuit Inc
NASDAQ:INTU
25.3
30%
0.8
US
Adobe Inc
NASDAQ:ADBE
13.8
20%
0.7
US
Synopsys Inc
NASDAQ:SNPS
87
44%
2
US
N
NCR Corp
LSE:0K45
2 065.2
52%
39.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
81.6
39%
2.1

Market Distribution

Higher than 91% of companies in China
Percentile
91st
Based on 7 605 companies
91st percentile
9.2
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Piesat Information Technology Co Ltd
Glance View

Market Cap
4.7B CNY
Industry
Technology

Piesat Information Technology Co., Ltd. engages in the system design and development, software sales, and data analysis application services. The company is headquartered in Beijing, Beijing and currently employs 2,376 full-time employees. The company went IPO on 2019-07-22. The firm's system design and development business mainly includes the development of remote sensing industry application systems and Beidou industry application systems and system consulting design business. The data analysis application service business mainly includes data processing services, monitoring and analysis services, and information mining services. The self-owned software sales business mainly includes the sales of remote sensing image processing basic software platform (PIE), Beidou map navigation basic software platform (PIE-Map) and others. The firm mainly conducts its businesses in domestic market.

Intrinsic Value
22.4 CNY
Undervaluation 20%
Intrinsic Value
Price ¥17.94
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett