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Suzhou YourBest New-type Materials Co Ltd
SZSE:301266

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Suzhou YourBest New-type Materials Co Ltd
SZSE:301266
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Price: 42.7 CNY 0.68% Market Closed
Market Cap: ¥4.7B

P/B

2.5
Current
4%
More Expensive
vs 3-y average of 2.4

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
2.5
=
Market Cap
¥4.5B
/
Total Equity
¥1.9B

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
2.5
=
Market Cap
¥4.5B
/
Total Equity
¥1.9B

Valuation Scenarios

Suzhou YourBest New-type Materials Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2.4), the stock would be worth ¥41.14 (4% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-4%
Maximum Upside
+46%
Average Upside
11%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.5 ¥42.7
0%
3-Year Average 2.4 ¥41.14
-4%
5-Year Average 2.6 ¥44.54
+4%
Industry Average 3.7 ¥62.35
+46%
Country Average 2.4 ¥41.51
-3%

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
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Market Distribution

In line with most companies in China
Percentile
51st
Based on 7 605 companies
51st percentile
2.5
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

Suzhou YourBest New-type Materials Co Ltd
Glance View

Suzhou YourBest New-type Materials Co Ltd is a CN-based company operating in Electronic Equipment, Instruments & Components industry. The company is headquartered in Suzhou, Jiangsu and currently employs 284 full-time employees. The company went IPO on 2022-06-08. Suzhou YourBest New-type Materials Co Ltd is a China-based company dedicated to the research, development, production and sales of photovoltaic ribbons. The photovoltaic ribbons are an important part of photovoltaic modules, including interconnecting ribbons and confluence ribbons. The interconnecting ribbons mainly include conventional interconnecting ribbons, low-temperature ribbons, low-resistance ribbons and others. The confluence ribbons mainly include conventional confluence ribbons, punching ribbons, black ribbons, bending ribbons and others. The firm operates its businesses primarily in the domestic market.

Intrinsic Value
41.96 CNY
Overvaluation 2%
Intrinsic Value
Price ¥42.7
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