603321.SS
Price:
$7.69
Market Cap:
$2.68B
Zhejiang Meilun Elevator Co., Ltd. designs, manufactures, and sells elevators and escalators in China. It offers passenger elevators, freight elevators, moving walks, and three-dimensional garages; and straight ladders, sidewalks, etc. The company was founded in 1979 and is based in Shaoxing, China.
Industry
Industrial - Machinery
IPO Date
2017-09-18
Stock Exchange
SHH
Ticker
603321.SS
According to Zhejiang Meilun Elevator Co., Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 48.06. This represents a change of -45.68% compared to the average of 88.47 of the last 4 quarters.
The mean historical PE Ratio of Zhejiang Meilun Elevator Co., Ltd. over the last ten years is 37.41. The current 48.06 PE Ratio has changed 12.75% with respect to the historical average. Over the past ten years (40 quarters), 603321.SS's PE Ratio was at its highest in in the March 2019 quarter at 217.00. The PE Ratio was at its lowest in in the December 2022 quarter at -1974.54.
Average
37.41
Median
39.00
Minimum
15.56
Maximum
63.90
Discovering the peaks and valleys of Zhejiang Meilun Elevator 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 = 73.16%
Maximum Annual PE Ratio = 63.90
Minimum Annual Increase = -52.05%
Minimum Annual PE Ratio = 15.56
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 15.56 | -52.05% |
| 2023 | 32.44 | -28.19% |
| 2022 | 45.18 | -9.23% |
| 2021 | 49.78 | 1.64% |
| 2020 | 48.98 | -23.35% |
| 2019 | 63.90 | 63.06% |
| 2018 | 39.18 | 0.97% |
| 2017 | 38.81 | 73.16% |
| 2016 | 22.41 | 25.64% |
| 2015 | 17.84 | -22.45% |
The current PE Ratio of Zhejiang Meilun Elevator Co., Ltd. (603321.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
31.06
5-year avg
38.39
10-year avg
37.41
Zhejiang Meilun Elevator Co., Ltd.’s PE Ratio is greater than IFE Elevators Co., Ltd. (31.60), greater than General Elevator Co., Ltd (-40.35), greater than Shanghai Supezet Engineering Technology Corp., Ltd. (22.92), greater than Kehua Holdings Co., Ltd. (27.36), greater than Ningbo Lian Technology Co Ltd (43.87), less than Zhejiang Canaan Technology Limited (84.94), greater than ZHEJIANG DIBAY ELECTRIC CO.,Ltd. (36.23), greater than Suzhou Harmontronics Automation Technology Co., Ltd (-3.31), greater than Guangzhou Tech-Long Packaging Machinery Co.,Ltd. (23.37), greater than Jiangsu Tongda Power Technology Co.,Ltd. (32.52),
| Company | PE Ratio | Market cap |
|---|---|---|
| 31.60 | $3.13B | |
| -40.35 | $2.67B | |
| 22.92 | $2.76B | |
| 27.36 | $2.63B | |
| 43.87 | $2.80B | |
| 84.94 | $2.66B | |
| 36.23 | $2.72B | |
| -3.31 | $2.54B | |
| 23.37 | $3.08B | |
| 32.52 | $2.76B |
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