Zhejiang Hailide New Material Co Ltd
SZSE:002206
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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 (1.6), the stock would be worth ¥5.61 (7% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.7 | ¥6.03 |
0%
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| 3-Year Average | 1.6 | ¥5.61 |
-7%
|
| 5-Year Average | 1.7 | ¥6.02 |
0%
|
| Industry Average | 2.5 | ¥8.45 |
+40%
|
| Country Average | 2.4 | ¥8.44 |
+40%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Zhejiang Hailide New Material Co Ltd
SZSE:002206
|
7B CNY | 1.7 | 13.6 | |
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR | 1.8 | -8.8 | |
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
45.6B USD | 12.2 | 41.8 | |
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
482.3T IDR | 7.6 | 26.1 | |
| US |
|
Dow Inc
NYSE:DOW
|
27.3B USD | 1.7 | -10.4 | |
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
22.9B USD | 2.3 | -30.6 | |
| TW |
|
Nan Ya Plastics Corp
TWSE:1303
|
696.3B TWD | 2 | 154.1 | |
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
148.5B CNY | 2.2 | 16.6 | |
| KR |
|
LG Chem Ltd
KRX:051910
|
29.7T KRW | 0.9 | -16.3 | |
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
124.3B CNY | 2.8 | 168.8 | |
| CN |
G
|
Guangzhou Tinci Materials Technology Co Ltd
SZSE:002709
|
112.4B CNY | 6.3 | 82.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Zhejiang Hailide New Material Co Ltd
Glance View
Zhejiang Hailide New Material Co., Ltd. engages in the manufacture and production of industrial polyester fibers. The company is headquartered in Jiaxing, Zhejiang and currently employs 3,317 full-time employees. The company went IPO on 2008-01-23. The firm's main products include industrial polyester fibers, lamp-box advertisement materials, polyester chips, polyvinyl chloride (PVC) films and tire curtain fabrics, among others. The firm distributes its products within domestic market and to overseas markets.