Shanghai 2345 Network Holding Group Co Ltd
SZSE:002195
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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 (1.8), the stock would be worth ¥3.2 (64% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5 | ¥8.78 |
0%
|
| 3-Year Average | 1.8 | ¥3.2 |
-64%
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| 5-Year Average | 1.6 | ¥2.9 |
-67%
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| Industry Average | 3.8 | ¥6.72 |
-24%
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| Country Average | 2.4 | ¥4.31 |
-51%
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Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
S
|
Shanghai 2345 Network Holding Group Co Ltd
SZSE:002195
|
49.8B CNY | 5 | 288.3 | |
| US |
|
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567B USD | -503 105.6 | -180 630.8 | |
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Palantir Technologies Inc
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336.5B USD | 44.4 | 201.9 | |
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XETRA:SAP
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170.3B EUR | 3.8 | 23.8 | |
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Salesforce Inc
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150B USD | 70.3 | 45 | |
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Synopsys Inc
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N
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NCR Corp
LSE:0K45
|
92B USD | 79.7 | 2 191 | |
| US |
|
Cadence Design Systems Inc
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Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Shanghai 2345 Network Holding Group Co Ltd
Glance View
Shanghai 2345 Network Holding Group Co Ltd, often at the forefront of China's digital landscape, has carved out a unique niche as a powerhouse in the realms of internet content and software development. Founded within the dynamic ecosystem of Shanghai's tech hubs, the company has grown from a modest start into a notable entity that engages millions through its digital products. Initially gaining traction with its 2345.com website, primarily a web portal and downloads provider, the company skillfully leveraged its understanding of internet user behavior to expand into broader markets. This strategic expansion set the stage for significant growth, riding the waves of China's burgeoning internet penetration and mobile connectivity. In orchestrating its business model, Shanghai 2345 has positioned itself strategically within the lucrative value chains of online advertising and software distribution. By providing user-friendly interfaces and a vast array of internet tools, the company attracts substantial web traffic, subsequently monetizing this through targeted advertising services. Additionally, their software offerings, which include practical applications like web browsers and PDF converters, have established steady revenue streams through both direct sales and license agreements. These dual cylinders of advertising and software commercialization allow the company to continuously adapt and thrive in the rapid evolution of the digital economy, all while maintaining a solid foundation for continued innovation and market relevance.