2488.HK
Price:
$8.58
Market Cap:
$3.22B
Launch Tech Company Limited, together with its subsidiaries, provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China and internationally. It operates through three segments: Automotive Diagnosis, Lift, and Overseas Sales. The company is involved in the research and development, production, and sale of car diagnosis, testing, and maintenance equipment; development, production, and sale of automotive diagnosis, inspection, repair, and maintenance software; development, production, and sale of auto electronic products; and provision of information network services. It also provides consulting services of electronic products and ...[Read more]
Industry
Auto - Parts
IPO Date
2002-10-07
Stock Exchange
HKSE
Ticker
2488.HK
According to Launch Tech Company Limited’s latest financial reports and current stock price. The company's current PE Ratio is 8.50. This represents a change of 125.07% compared to the average of 3.78 of the last 4 quarters.
The mean historical PE Ratio of Launch Tech Company Limited over the last ten years is 17.72. The current 8.50 PE Ratio has changed 4.70% with respect to the historical average. Over the past ten years (40 quarters), 2488.HK's PE Ratio was at its highest in in the June 2014 quarter at 65.00. The PE Ratio was at its lowest in in the June 2015 quarter at -47.82.
Average
17.72
Median
7.43
Minimum
-28.95
Maximum
122.18
Discovering the peaks and valleys of Launch Tech Company Limited 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 = 139.59%
Maximum Annual PE Ratio = 122.18
Minimum Annual Increase = -522.02%
Minimum Annual PE Ratio = -28.95
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 10.49 | 139.59% |
| 2023 | 4.38 | 40.43% |
| 2022 | 3.12 | -72.35% |
| 2021 | 11.28 | -188.51% |
| 2020 | -12.74 | 41.62% |
| 2019 | -8.99 | -127.23% |
| 2018 | 33.03 | -23.93% |
| 2017 | 43.42 | -64.46% |
| 2016 | 122.18 | -522.02% |
| 2015 | -28.95 | -43.62% |
The current PE Ratio of Launch Tech Company Limited (2488.HK) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
6.00
5-year avg
3.30
10-year avg
17.72
Launch Tech Company Limited’s PE Ratio is less than Xin Point Holdings Limited (9.44), greater than Xingda International Holdings Limited (8.04), greater than Prinx Chengshan Holdings Limited (4.43), greater than Best Pacific International Holdings Limited (7.42), less than China Lilang Limited (8.77), less than Deewin Tianxia Co., Ltd (147.56), greater than Tan Chong International Limited (7.11), less than Café de Coral Holdings Limited (10.38), greater than Wing On Company International Limited (-4.88), less than Intron Technology Holdings Limited (12.74),
| Company | PE Ratio | Market cap |
|---|---|---|
| 9.44 | $3.78B | |
| 8.04 | $2.44B | |
| 4.43 | $4.95B | |
| 7.42 | $3.42B | |
| 8.77 | $4.10B | |
| 147.56 | $5.39B | |
| 7.11 | $3.74B | |
| 10.38 | $2.91B | |
| -4.88 | $4.04B | |
| 12.74 | $2.26B |
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