Asia Polymer Corp
TWSE:1308
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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 (0.9), the stock would be worth NT$14.75 (6% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.9 | NT$15.65 |
0%
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| 3-Year Average | 0.9 | NT$14.75 |
-6%
|
| 5-Year Average | 1 | NT$17.6 |
+12%
|
| Industry Average | 1.2 | NT$21.2 |
+35%
|
| Country Average | 1.7 | NT$29.75 |
+90%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| TW |
|
Asia Polymer Corp
TWSE:1308
|
9.3B TWD | 0.9 | -8.9 | |
| 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
|
523.3T IDR | 8.3 | 28.4 | |
| US |
|
Dow Inc
NYSE:DOW
|
27.7B USD | 1.7 | -10.5 | |
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
169.8B CNY | 2.5 | 19 | |
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
22.5B USD | 2.2 | -29.9 | |
| TW |
|
Nan Ya Plastics Corp
TWSE:1303
|
675.7B TWD | 1.9 | 149.5 | |
| KR |
|
LG Chem Ltd
KRX:051910
|
30.6T KRW | 0.9 | -16.8 | |
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
118.8B CNY | 2.7 | 161.3 | |
| IN |
|
Solar Industries India Ltd
NSE:SOLARINDS
|
1.4T INR | 26.6 | 93.9 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 1.3 |
| Median | 1.7 |
| 70th Percentile | 2.5 |
| Max | 156.9 |
Other Multiples
Asia Polymer Corp
Glance View
Asia Polymer Corp. engages in the production of low-density polyethylene resin and ethylene-vinyl acetate resin. The company is headquartered in Linyuan, Kaohsiung. Its products include low-density polyethylene (LDPE) resins and ethylene-vinyl acetate (EVA) resins. Its LDPE products are applied in the processing of packaging films, the manufacture of plastic products and accessories and the manufacture of plastic films. Its EVA products are applied in the production of foam materials, sports equipment, solar cell films, laminating films and insulation materials for wire and cable. The firm operates businesses in China, Southeast Asia, South Asia, Middle East, South Africa, Europe and Northeast Asia, among others. The firm is also engaged in investment businesses through its subsidiaries.
