Xinjiang Daqo New Energy Co Ltd
SSE:688303
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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 (1.5), the stock would be worth ¥26.48 (16% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.3 | ¥22.9 |
0%
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| 3-Year Average | 1.5 | ¥26.48 |
+16%
|
| 5-Year Average | 1.7 | ¥31.18 |
+36%
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| Industry Average | 4.5 | ¥81.64 |
+256%
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| Country Average | 2.4 | ¥44.62 |
+95%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Xinjiang Daqo New Energy Co Ltd
SSE:688303
|
49.1B CNY | 1.3 | -18.2 | |
| NL |
|
ASML Holding NV
AEX:ASML
|
481.6B EUR | 19.8 | 46.9 | |
| US |
|
Lam Research Corp
NASDAQ:LRCX
|
334.9B USD | 31.6 | 49.9 | |
| US |
|
Applied Materials Inc
NASDAQ:AMAT
|
331B USD | 15.2 | 42.2 | |
| US |
|
KLA Corp
NASDAQ:KLAC
|
253.8B USD | 46.4 | 55.7 | |
| US |
B
|
Brooks Automation Inc
LSE:0HQ1
|
224.1B USD | 130.7 | -3 874 | |
| JP |
|
Advantest Corp
TSE:6857
|
22.9T JPY | 33.9 | 79.3 | |
| JP |
|
Tokyo Electron Ltd
TSE:8035
|
21.6T JPY | 10.8 | 42.9 | |
| US |
|
Teradyne Inc
NASDAQ:TER
|
65.3B USD | 23.3 | 117.7 | |
| JP |
|
Disco Corp
TSE:6146
|
8.2T JPY | 14 | 60.8 | |
| CN |
|
NAURA Technology Group Co Ltd
SZSE:002371
|
342.5B CNY | 9.1 | 62 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Xinjiang Daqo New Energy Co Ltd
Glance View
Nestled in the sprawling landscapes of China’s Xinjiang region, Xinjiang Daqo New Energy Co., Ltd. has emerged as a pivotal player in the global solar industry. Founded with the vision to harness the abundant sunlight that graces millions of rooftops worldwide, the company specializes in the production of high-purity polysilicon, a vital raw material used in manufacturing photovoltaic solar panels. Polysilicon's role in solar technology is akin to oil's role in the energy sector—it serves as a fundamental building block. Xinjiang Daqo's facilities are equipped with state-of-the-art technologies to ensure efficient production and unparalleled quality, thereby securing its place in an industry driven by precision and efficiency. In the competitive realm of renewable energy, Xinjiang Daqo differentiates itself with both its scale and operational expertise. The firm leverages advanced techniques to minimize production costs, making its polysilicon not only of superior quality but also competitively priced—an attractive proposition for solar manufacturers worldwide. By focusing on a streamlined supply chain and robust research and development, Xinjiang Daqo consistently fortifies its position within the solar value chain. The company, therefore, operates at an intriguing intersection of cutting-edge technology and sustainable practices, capitalizing on the relentless global push towards clean energy and the ever-growing demand for solar power solutions.