002901.SZ
Price:
$48.3
Market Cap:
$19.64B
Double Medical Technology Inc. provides services, technologies, and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery in China. It also exports its products to approximately 50 countries and regions, including European Union, Russia, South America, Australia, Southeast Asia, the Middle East, and South Africa. The company was formerly known as Xiamen Da Bo Ying Jing Medical Equipment Company Limited. Double Medical Technology Inc. was founded in 2004 and is based in Xiamen, the People's Republic of China.
Industry
Medical - Devices
IPO Date
2017-09-22
Stock Exchange
SHZ
Ticker
002901.SZ
According to Double Medical Technology Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 36.59. This represents a change of 22.73% compared to the average of 29.81 of the last 4 quarters.
The mean historical PE Ratio of Double Medical Technology Inc. over the last ten years is 72.74. The current 36.59 PE Ratio has changed 4.93% with respect to the historical average. Over the past ten years (40 quarters), 002901.SZ's PE Ratio was at its highest in in the September 2023 quarter at 805.39. The PE Ratio was at its lowest in in the December 2023 quarter at -104.08.
Average
72.74
Median
40.42
Minimum
27.30
Maximum
278.41
Discovering the peaks and valleys of Double Medical Technology Inc. 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 = 405.21%
Maximum Annual PE Ratio = 278.41
Minimum Annual Increase = -87.12%
Minimum Annual PE Ratio = 27.30
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 35.86 | -87.12% |
| 2023 | 278.41 | 82.90% |
| 2022 | 152.22 | 405.21% |
| 2021 | 30.13 | -38.13% |
| 2020 | 48.70 | -4.11% |
| 2019 | 50.79 | 64.65% |
| 2018 | 30.85 | -31.41% |
| 2017 | 44.97 | 64.76% |
| 2016 | 27.30 | -3.20% |
| 2015 | 28.20 | -41.04% |
The current PE Ratio of Double Medical Technology Inc. (002901.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
155.50
5-year avg
109.07
10-year avg
72.74
Double Medical Technology Inc.’s PE Ratio is less than iRay Technology Company Limited (37.34), greater than Topchoice Medical Corporation (36.17), greater than Liaoning Cheng Da Co., Ltd. (20.75), greater than Autobio Diagnostics Co., Ltd. (18.82), greater than Jafron Biomedical Co.,Ltd. (32.00), greater than Shenyang Xingqi Pharmaceutical Co.,Ltd (27.70), less than Meinian Onehealth Healthcare Holdings Co., Ltd. (65.00), greater than DaShenLin Pharmaceutical Group Co., Ltd. (17.74), greater than BGI Genomics Co., Ltd. (-23.43), greater than China Resources Double-Crane Pharmaceutical Co.,Ltd. (12.35),
| Company | PE Ratio | Market cap |
|---|---|---|
| 37.34 | $20.26B | |
| 36.17 | $18.69B | |
| 20.75 | $17.90B | |
| 18.82 | $20.66B | |
| 32.00 | $15.26B | |
| 27.70 | $17.90B | |
| 65.00 | $20.20B | |
| 17.74 | $20.31B | |
| -23.43 | $18.84B | |
| 12.35 | $19.37B |
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