Nanjing Tanker Corp
SSE:601975
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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 (1.6), the stock would be worth ¥3.94 (11% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.8 | ¥4.42 |
0%
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| 3-Year Average | 1.6 | ¥3.94 |
-11%
|
| 5-Year Average | 1.7 | ¥4.14 |
-6%
|
| Industry Average | 1.3 | ¥3.12 |
-29%
|
| Country Average | 2.4 | ¥6.09 |
+38%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
N
|
Nanjing Tanker Corp
SSE:601975
|
20.7B CNY | 1.8 | 15.8 | |
| CA |
|
Enbridge Inc
TSX:ENB
|
156.9B CAD | 2.5 | 22.2 | |
| US |
|
Williams Companies Inc
NYSE:WMB
|
88.2B USD | 6.9 | 33.7 | |
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
82.1B USD | 2.8 | 14.3 | |
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
70.6B USD | 2.3 | 21.4 | |
| US |
|
Energy Transfer LP
NYSE:ET
|
65.6B USD | 1.9 | 15.7 | |
| CA |
|
TC Energy Corp
TSX:TRP
|
86.8B CAD | 3.2 | 25.8 | |
| US |
|
MPLX LP
NYSE:MPLX
|
56.4B USD | 4 | 11.5 | |
| US |
|
ONEOK Inc
NYSE:OKE
|
55.1B USD | 2.5 | 16.2 | |
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
54B USD | 6.8 | 10.1 | |
| US |
|
Targa Resources Corp
NYSE:TRGP
|
51.7B USD | 16.8 | 28.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Nanjing Tanker Corp
Glance View
Nanjing Tanker Corporation, nestled within the bustling industrial landscape of China, is a key player in the maritime transportation sector, primarily focusing on the distribution of liquid cargo. This state-owned enterprise, established in the heartland of China's economic zone, has carved out a vital niche in transporting oil products, chemicals, and liquid gases across both domestic and international waters. Operating a fleet of modern tankers, the company ensures the seamless flow of essential resources, contributing significantly to the global supply chain. The tankers range in size and capacity, tailored to meet diverse shipping demands, from massive crude carriers to specialized chemical tankers. With a strategic emphasis on efficient logistics and a commitment to safety, Nanjing Tanker Corporation not only transports critical liquids but also helps stabilize supply channels crucial for industries ranging from energy to agriculture. The financial lifeblood of Nanjing Tanker Corporation flows through its diverse portfolio of long-term shipping contracts and spot market operations. By forging alliances with major oil giants, chemical producers, and energy companies, it secures stable, predictable revenue streams that form the bedrock of its financial success. Beyond merely transporting cargo, the corporation also capitalizes on the complexities of market fluctuations by optimizing routes and delivery schedules, thus enhancing its competitive edge. With a keen eye on global oil price movements and geopolitical shifts, Nanjing Tanker adeptly navigates the intricate maritime trading environment. Additionally, the corporation stays at the forefront of innovation, investing in eco-friendly technologies and vessel modernizations to meet stringent international maritime regulations, ensuring both profitability and sustainability in a world increasingly focused on reducing carbon footprints.