002478.SZ
Price:
$8.05
Market Cap:
$7.25B
Jiangsu Changbao Steeltube Co.,Ltd produces and sells steel tubes in the People's Republic of China. The company offers OCTG products for petroleum industry, including connection tubings and casings, coupling stocks, perforating gun carrier pipes, petroleum tool pipes, drill pipes, and slotted pipes; boiler tubes for power generation; steel tubes for auto industry comprising automobile precision tubes, piping for hydraulic cylinders, and axel tubes; petrochemical tubes, steel tubes for low temperature resistance, and high pressure fertilizer tubes; and steel tubes for engineering machinery industry, such as mechanical steel pipes, boom pipes, and piping for hydraulic cylinders. It also provi...[Read more]
Industry
Steel
IPO Date
2010-09-21
Stock Exchange
SHZ
Ticker
002478.SZ
According to Jiangsu Changbao Steeltube Co.,Ltd’s latest financial reports and current stock price. The company's current PE Ratio is 11.84. This represents a change of 36.75% compared to the average of 8.66 of the last 4 quarters.
The mean historical PE Ratio of Jiangsu Changbao Steeltube Co.,Ltd over the last ten years is 22.31. The current 11.84 PE Ratio has changed 5.21% with respect to the historical average. Over the past ten years (40 quarters), 002478.SZ's PE Ratio was at its highest in in the September 2021 quarter at 482.42. The PE Ratio was at its lowest in in the December 2020 quarter at -6.40.
Average
22.31
Median
19.12
Minimum
6.35
Maximum
49.54
Discovering the peaks and valleys of Jiangsu Changbao Steeltube 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 = 257.21%
Maximum Annual PE Ratio = 49.54
Minimum Annual Increase = -73.47%
Minimum Annual PE Ratio = 6.35
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 7.56 | 18.97% |
| 2023 | 6.35 | -41.33% |
| 2022 | 10.83 | -73.47% |
| 2021 | 40.81 | 20.84% |
| 2020 | 33.77 | 257.21% |
| 2019 | 9.45 | 9.76% |
| 2018 | 8.61 | -70.05% |
| 2017 | 28.75 | -41.96% |
| 2016 | 49.54 | 80.67% |
| 2015 | 27.42 | 49.36% |
The current PE Ratio of Jiangsu Changbao Steeltube Co.,Ltd (002478.SZ) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.25
5-year avg
19.86
10-year avg
22.31
Jiangsu Changbao Steeltube Co.,Ltd’s PE Ratio is greater than Zhe Jiang Kangsheng Co.,Ltd. (-70.37), greater than Yongjin Technology Group Co., Ltd. (9.98), less than Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (134.62), greater than Lingyuan Iron & Steel Co., Ltd. (-5.16), less than Hang Xiao Steel Structure Co., Ltd. (56.00), greater than Guangdong Zhongnan Iron & Steel Co., Ltd. (-15.17), less than Zhejiang Kingland Pipeline and Technologies Co.,Ltd. (24.51), greater than XinJiang Ba Yi Iron & Steel Co.,Ltd. (-5.88), less than Jiangsu Changhai Composite Materials Co., Ltd (16.83), less than Kunming Chuan Jin Nuo Chemical Co., Ltd. (16.47),
| Company | PE Ratio | Market cap |
|---|---|---|
| -70.37 | $5.25B | |
| 9.98 | $6.70B | |
| 134.62 | $5.69B | |
| -5.16 | $5.98B | |
| 56.00 | $6.29B | |
| -15.17 | $6.37B | |
| 24.51 | $4.31B | |
| -5.88 | $5.17B | |
| 16.83 | $5.62B | |
| 16.47 | $6.09B |
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