China National Building Material Co Ltd
HKEX:3323
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P/S
Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.
Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.
Valuation Scenarios
If P/S returns to its 3-Year Average (0.2), the stock would be worth HK$4.13 (18% downside from current price).
| Scenario | P/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.2 | HK$5.01 |
0%
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| 3-Year Average | 0.2 | HK$4.13 |
-18%
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| 5-Year Average | 0.2 | HK$4.85 |
-3%
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| Industry Average | 1.1 | HK$29.72 |
+493%
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| Country Average | 2.8 | HK$73.69 |
+1 371%
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Forward P/S
Today’s price vs future revenue
| Today's Market Cap | Revenue | Forward P/S | ||
|---|---|---|---|---|
|
HK$36.8B
|
/ |
Jan 2026
¥177.8B
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= |
|
|
HK$36.8B
|
/ |
Dec 2026
¥190.6B
|
= |
|
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HK$36.8B
|
/ |
Dec 2027
¥198.2B
|
= |
|
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HK$36.8B
|
/ |
Dec 2028
¥204.8B
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= |
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Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | P/S | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
C
|
China National Building Material Co Ltd
HKEX:3323
|
38.2B HKD | 0.2 | -8.9 | |
| IE |
C
|
CRH PLC
NYSE:CRH
|
75.8B USD | 2 | 20.2 | |
| CH |
|
Holcim AG
SIX:HOLN
|
40.3B CHF | 2.5 | 3 | |
| DE |
|
HeidelbergCement AG
XETRA:HEI
|
32.8B EUR | 1.5 | 16.9 | |
| US |
|
Vulcan Materials Co
NYSE:VMC
|
38.7B USD | 4.9 | 35.9 | |
| US |
|
Martin Marietta Materials Inc
NYSE:MLM
|
37B USD | 6 | 32.5 | |
| IN |
|
UltraTech Cement Ltd
NSE:ULTRACEMCO
|
3.5T INR | 4 | 48.2 | |
| US |
A
|
Amrize AG
SIX:AMRZ
|
24.9B CHF | 2.7 | 26.6 | |
| DE |
H
|
Heidelberg Materials AG
XMUN:HEI
|
21.6B EUR | 1 | 11.1 | |
| CN |
|
China Jushi Co Ltd
SSE:600176
|
136.9B CNY | 7.3 | 41.7 | |
| IN |
|
Grasim Industries Ltd
NSE:GRASIM
|
1.9T INR | 1.1 | 45.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.8 |
| 70th Percentile | 5.4 |
| Max | 5 034 353.9 |
Other Multiples
China National Building Material Co Ltd
Glance View
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.