China Merchants Expressway Network Technology Holdings Co Ltd
SZSE:001965
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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), the stock would be worth ¥10.95 (16% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.9 | ¥9.48 |
0%
|
| 3-Year Average | 1 | ¥10.95 |
+16%
|
| 5-Year Average | 0.9 | ¥10.05 |
+6%
|
| Industry Average | 0.9 | ¥10.27 |
+8%
|
| Country Average | 2.4 | ¥26.77 |
+182%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
China Merchants Expressway Network Technology Holdings Co Ltd
SZSE:001965
|
64.4B CNY | 0.9 | 14.5 | |
| AU |
|
Transurban Group
ASX:TCL
|
43.2B AUD | 4.9 | 90.3 | |
| IT |
A
|
Atlantia SpA
F:AU9
|
18.7B EUR | 1.3 | 2.7 | |
| FR |
|
Getlink SE
PAR:GET
|
10.2B EUR | 3.7 | 31.8 | |
| CN |
|
Jiangsu Expressway Co Ltd
SSE:600377
|
61.4B CNY | 1.5 | 13.4 | |
| MX |
|
Aleatica SAB de CV
BMV:ALEATIC
|
142B MXN | 0.9 | 7.3 | |
| CN |
|
Shandong Hi-speed Co Ltd
SSE:600350
|
53.5B CNY | 1.2 | 20.3 | |
| MX |
|
Promotora y Operadora de Infraestructura SAB de CV
BMV:PINFRA
|
120.1B MXN | 1.8 | 8.3 | |
| BR |
|
Motiva Infraestrutura de Mobilidade SA
BOVESPA:MOTV3
|
32.1B BRL | 2 | 9.8 | |
| CN |
Z
|
Zhejiang Expressway Co Ltd
HKEX:576
|
46.7B HKD | 0.8 | 7.6 | |
| BR |
|
CCR SA
BOVESPA:CCRO3
|
27.3B BRL | 2 | 21.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
China Merchants Expressway Network Technology Holdings Co Ltd
Glance View
In the bustling landscape of China’s infrastructure sector, China Merchants Expressway Network Technology Holdings Co., Ltd., often known simply as China Merchants Expressway, stands as a monumental player. Rooted in the dynamic flow of Chinese transportation networks, the company has built its empire on the construction, operation, and maintenance of expressways. By weaving an extensive web of toll roads across key economic arteries, it facilitates the vital movement of goods and people across regions, fueling the country's thriving economy. As cars and trucks traverse these smoothly paved routes, the company earns its revenue through toll fees, ensuring a steady cash flow crucial for its operations and expansions. This strategic positioning within the transport network not only supports the infrastructure development but also invites significant government backing and partnerships, further solidifying its influence in this sector. Beyond traditional toll operations, China Merchants Expressway has embraced a forward-thinking approach by integrating cutting-edge technology into its model. It has invested heavily in innovations like electronic toll collection systems and smart expressway management, transforming the way traffic is monitored and managed. This blend of technology enhances operational efficiency, reducing congestion and maximizing safety, while simultaneously cutting down costs associated with manual operations. The company's vision extends beyond mere transport facilitation; it seeks to be at the forefront of technological advancement in expressway management. This dual focus on infrastructure and innovation allows China Merchants Expressway not just to dominate the highways, but to also steer the evolving landscape of China’s transportation future, where smart technology meets traditional infrastructure.