002881.SZ
Price:
$47.4
Market Cap:
$12.43B
MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of Internet of Things terminals and wireless communication modules and solutions worldwide. The company's products include smart terminals, 5G and 4G LTE modules, NB-IoT Modules, smart, and automotive modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, blind spot monitoring driving, logistics, and alarm solutions in energy fields. The company was formerly known as Shenzhen MeiG Smart Technology Co., Ltd and changed its name to MeiG Smart Technology Co., Ltd. in December 2017. MeiG Smart Technology Co., Ltd. was founded in 2007 and is headqua...[Read more]
Industry
Communication Equipment
IPO Date
2017-06-22
Stock Exchange
SHZ
Ticker
002881.SZ
According to MeiG Smart Technology Co., Ltd’s latest financial reports and current stock price. The company's current PE Ratio is 79.00. This represents a change of 4.95% compared to the average of 75.28 of the last 4 quarters.
The mean historical PE Ratio of MeiG Smart Technology Co., Ltd over the last ten years is 78.42. The current 79.00 PE Ratio has changed 9.97% with respect to the historical average. Over the past ten years (40 quarters), 002881.SZ's PE Ratio was at its highest in in the September 2019 quarter at 378.57. The PE Ratio was at its lowest in in the September 2020 quarter at -499.52.
Average
78.42
Median
61.75
Minimum
22.25
Maximum
197.73
Discovering the peaks and valleys of MeiG Smart Technology 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 = 187.30%
Maximum Annual PE Ratio = 197.73
Minimum Annual Increase = -49.68%
Minimum Annual PE Ratio = 22.25
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 57.57 | -47.24% |
| 2023 | 109.11 | 120.14% |
| 2022 | 49.56 | -24.82% |
| 2021 | 65.93 | -49.68% |
| 2020 | 131.01 | -33.74% |
| 2019 | 197.73 | 187.30% |
| 2018 | 68.82 | 37.72% |
| 2017 | 49.97 | 124.58% |
| 2016 | 22.25 | -31.03% |
| 2015 | 32.27 | -15.00% |
The current PE Ratio of MeiG Smart Technology Co., Ltd (002881.SZ) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
72.08
5-year avg
82.64
10-year avg
78.42
MeiG Smart Technology Co., Ltd’s PE Ratio is greater than Eastern Communications Co., Ltd. (41.04), greater than Shenzhen Coship Electronics Co., Ltd. (29.94), less than Linktel Technologies Co., Ltd. (139.82), less than Datang Telecom Technology Co., Ltd. (165.25), greater than Huizhou Speed Wireless Technology Co.,Ltd. (-579.41), greater than Xiamen Leading Optics Co., Ltd. (41.93), greater than Genimous Technology Co., Ltd. (60.61), less than Chengdu CORPRO Technology Co., Ltd. (214.81), greater than Beijing Yuanliu Hongyuan Electronic Technology Co., Ltd. (44.56), greater than Addsino Co., Ltd. (-20.50),
| Company | PE Ratio | Market cap |
|---|---|---|
| 41.04 | $12.86B | |
| 29.94 | $9.47B | |
| 139.82 | $11.43B | |
| 165.25 | $11.38B | |
| -579.41 | $10.07B | |
| 41.93 | $11.66B | |
| 60.61 | $10.71B | |
| 214.81 | $13.33B | |
| 44.56 | $11.11B | |
| -20.50 | $32.88B |
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