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North East Rubber PCL
SET:NER

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North East Rubber PCL
SET:NER
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Price: 4.88 THB
Market Cap: ฿9B

P/B

0.9
Current
20%
Cheaper
vs 3-y median of 1.2

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
0.9
=
Market Cap
฿8.7B
/
Total Equity
฿9.7B

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
0.9
=
Market Cap
฿8.7B
/
Total Equity
฿9.7B

Valuation Scenarios

North East Rubber PCL is trading below its 3-year average

If P/B returns to its 3-Year Average (1.2), the stock would be worth ฿6.13 (26% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-11%
Maximum Upside
+44%
Average Upside
17%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.9 ฿4.88
0%
3-Year Average 1.2 ฿6.13
+26%
5-Year Average 1.3 ฿7.02
+44%
Industry Average 0.8 ฿4.35
-11%
Country Average 1 ฿5.31
+9%

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

In line with most companies in Thailand
Percentile
45th
Based on 398 companies
45th percentile
0.9
Low
0.1 — 0.7
Typical Range
0.7 — 1.6
High
1.6 —
Distribution Statistics
Thailand
Min 0.1
30th Percentile 0.7
Median 1
70th Percentile 1.6
Max 30.3

North East Rubber PCL
Glance View

Market Cap
9B THB
Industry
Auto Components

North East Rubber PCL engages in manufacturing and distribution of rubber products. The company is headquartered in Buri Ram, Buri Ram. The company went IPO on 2018-11-07. The firm provides rubber sheets, briquettes, block rubber and rubber compounds. The firm sells its products to both international and local automotive manufacturers and agents. The RSS/briquette smoked sheet is a natural rubber product that is processed by heating into sheets.

NER Intrinsic Value
6.63 THB
Undervaluation 26%
Intrinsic Value
Price ฿4.88
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