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China National Building Material Co Ltd
HKEX:3323

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China National Building Material Co Ltd
HKEX:3323
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Price: 5.03 HKD Market Closed
Market Cap: HK$38.2B

P/B

0.3
Current
18%
More Expensive
vs 3-y average of 0.3

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
0.3
=
Market Cap
HK$36.8B
/
Total Equity
¥110.7B

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
0.3
=
Market Cap
HK$36.8B
/
Total Equity
¥110.7B

Valuation Scenarios

China National Building Material Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (0.3), the stock would be worth HK$4.26 (15% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-15%
Maximum Upside
+708%
Average Upside
238%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.3 HK$5.03
0%
3-Year Average 0.3 HK$4.26
-15%
5-Year Average 0.3 HK$5.24
+4%
Industry Average 1.1 HK$17.91
+256%
Country Average 2.4 HK$40.64
+708%

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 Distribution

Lower than 97% of companies in China
Percentile
3rd
Based on 7 605 companies
3rd percentile
0.3
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

China National Building Material Co Ltd
Glance View

Market Cap
38.2B HKD
Industry
Construction

In the vast landscape of Chinese construction and manufacturing, China National Building Material Co. Ltd. (CNBM) emerged as a formidable titan, epitomizing the industrial might of the nation. Founded in 1984, CNBM steadily built itself into the largest comprehensive building materials industry group in China. Headquartered in Beijing, the company operates under a business model intricately woven around the production and sale of building materials, including cement, glass, and lightweight building designs. With a workforce that embodies the spirit of Chinese industriousness, CNBM's reach extends beyond the borders of China, establishing a significant international presence that underscores its global ambitions. The financial backbone of CNBM rests on its ability to scale operations across its diverse product lines. Cement, being the cornerstone product, has fortified CNBM's position within the construction industry, supported by the country's rapid urbanization and infrastructure development. Beyond cement, the company diversifies its portfolio through its involvement in engineering services and new material sectors, including energy-saving materials and advanced composite materials. CNBM harnesses its extensive research and development capabilities to innovate and drive efficiencies across its manufacturing processes, thereby enhancing profitability and maintaining competitive advantage. This strategic diversification and technology-driven approach ensure that CNBM not only meets the burgeoning domestic demand but also adapts to the ever-evolving global construction materials market.

Intrinsic Value
19.79 HKD
Undervaluation 75%
Intrinsic Value
Price HK$5.03
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