601608.SS
Price:
$6.32
Market Cap:
$28.94B
CITIC Heavy Industries Co., Ltd. engages in the manufacture and sale of heavy machinery in China and internationally. The company offers grinding mills; crushers; vertical stirred mills; high pressure grinding rolls; mine hoists; vertical roller mills; rotary kilns; and liners. It also provides equipment installation, testing, maintenance, refurbishing, remote monitoring and diagnosis, upgrading and retrofitting, and performance guarantee services. The company was founded in 1956 and is based in Luoyang, China. CITIC Heavy Industries Co., Ltd. is a subsidiary of CITIC Group Corporation.
Industry
Industrial - Machinery
IPO Date
2012-07-06
Stock Exchange
SHH
Ticker
601608.SS
According to CITIC Heavy Industries Co., Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 79.00. This represents a change of 36.02% compared to the average of 58.08 of the last 4 quarters.
The mean historical PE Ratio of CITIC Heavy Industries Co., Ltd. over the last ten years is 138.16. The current 79.00 PE Ratio has changed 5.62% with respect to the historical average. Over the past ten years (40 quarters), 601608.SS's PE Ratio was at its highest in in the September 2017 quarter at 4.28K. The PE Ratio was at its lowest in in the March 2017 quarter at -2900.00.
Average
138.16
Median
96.05
Minimum
-15.16
Maximum
415.00
Discovering the peaks and valleys of CITIC Heavy Industries 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 = 849.36%
Maximum Annual PE Ratio = 415.00
Minimum Annual Increase = -2837.08%
Minimum Annual PE Ratio = -15.16
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 50.00 | 14.51% |
| 2023 | 43.67 | -58.03% |
| 2022 | 104.03 | 21.81% |
| 2021 | 85.41 | -3.02% |
| 2020 | 88.07 | -36.23% |
| 2019 | 138.09 | 6.23% |
| 2018 | 130.00 | -68.67% |
| 2017 | 415.00 | -2837.08% |
| 2016 | -15.16 | -104.43% |
| 2015 | 342.50 | 849.36% |
The current PE Ratio of CITIC Heavy Industries Co., Ltd. (601608.SS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
65.90
5-year avg
74.24
10-year avg
138.16
CITIC Heavy Industries Co., Ltd.’s PE Ratio is less than Ming Yang Smart Energy Group Limited (98.09), greater than Hainan Jinpan Smart Technology Co., Ltd. (57.82), greater than Leo Group Co., Ltd. (66.64), greater than Himile Mechanical Science and Technology (Shandong) Co., Ltd (27.50), greater than Shenzhen S.C New Energy Technology Corporation (8.77), greater than AVIC Aviation High-Technology Co., Ltd. (29.71), greater than China Railway Construction Heavy Industry Corporation Limited (18.17), greater than Shanghai BOCHU Electronic Technology Corporation Limited. (35.94), greater than Beijing Easpring Material Technology CO.,LTD. (60.46), less than Zhejiang Changsheng Sliding Bearings Co., Ltd. (93.98),
| Company | PE Ratio | Market cap |
|---|---|---|
| 98.09 | $31.02B | |
| 57.82 | $37.94B | |
| 66.64 | $33.53B | |
| 27.50 | $43.62B | |
| 8.77 | $30.15B | |
| 29.71 | $31.19B | |
| 18.17 | $26.93B | |
| 35.94 | $38.09B | |
| 60.46 | $29.25B | |
| 93.98 | $23.29B |
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