002381.SZ
Price:
$6.53
Market Cap:
$2.69B
Zhejiang Double Arrow Rubber Co., Ltd. engages in the manufacture and sale of rubber conveyor belt products in China. Its products are used in electric power, ports, and metallurgy industries that require material transportation, such as gold, minerals, and building materials. The company was formerly known as TongXiang Duble Arrow Group CO., Ltd. Zhejiang Double Arrow Rubber Co., Ltd. is based in Tongxiang, the People's Republic of China.
Industry
Auto - Parts
IPO Date
2010-04-02
Stock Exchange
SHZ
Ticker
002381.SZ
According to Zhejiang Double Arrow Rubber Co., Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 40.81. This represents a change of -12.98% compared to the average of 46.90 of the last 4 quarters.
The mean historical PE Ratio of Zhejiang Double Arrow Rubber Co., Ltd. over the last ten years is 28.95. The current 40.81 PE Ratio has changed 14.00% with respect to the historical average. Over the past ten years (40 quarters), 002381.SZ's PE Ratio was at its highest in in the March 2017 quarter at 149.50. The PE Ratio was at its lowest in in the December 2016 quarter at -190.27.
Average
28.95
Median
20.10
Minimum
10.87
Maximum
89.77
Discovering the peaks and valleys of Zhejiang Double Arrow Rubber Co., Ltd. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 158.17%
Maximum Annual PE Ratio = 89.77
Minimum Annual Increase = -71.22%
Minimum Annual PE Ratio = 10.87
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 17.85 | 34.32% |
| 2023 | 13.29 | -42.44% |
| 2022 | 23.08 | 3.31% |
| 2021 | 22.34 | 105.57% |
| 2020 | 10.87 | -23.00% |
| 2019 | 14.12 | -8.26% |
| 2018 | 15.39 | -40.45% |
| 2017 | 25.84 | -71.22% |
| 2016 | 89.77 | 57.67% |
| 2015 | 56.93 | 158.17% |
The current PE Ratio of Zhejiang Double Arrow Rubber Co., Ltd. (002381.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
18.07
5-year avg
17.49
10-year avg
28.95
Zhejiang Double Arrow Rubber Co., Ltd.’s PE Ratio is less than Zhejiang Hongxin Technology Co Ltd (49.94), less than Guangzhou Jinzhong Auto Parts Manufacturing Co., Ltd. (87.50), less than Zhejiang Liming Intelligent Manufacturing Co.,Ltd. (50.31), less than Sichuan Haowu Electromechanical Co., Ltd. (55.24), less than VT Industrial Technology Co.,Ltd (118.81), greater than Guangdong Dcenti Auto-Parts Stock Limited Company (-20.70), less than Shandong Kuntai New Material Technology Co., Ltd. (50.23), less than GuangDong HongTeo Technology Co.,Ltd. Class A (97.72), less than Zhejiang Jinfei Kaida Wheel Co.,Ltd. (42.36), greater than SINOTECH Company Limited (-63.53),
| Company | PE Ratio | Market cap |
|---|---|---|
| 49.94 | $3.05B | |
| 87.50 | $3.97B | |
| 50.31 | $3.08B | |
| 55.24 | $2.58B | |
| 118.81 | $2.77B | |
| -20.70 | $2.36B | |
| 50.23 | $2.24B | |
| 97.72 | $2.54B | |
| 42.36 | $3.35B | |
| -63.53 | $2.63B |
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