603650.SS
Price:
$55.84
Market Cap:
$34.40B
Red Avenue New Materials Group Co., Ltd. engages in the research, development, production, processing, and sales of fine chemical raw materials, chemical products, rubber and plastic processing aids, accelerators, microelectronic materials, and biodegradable plastic in China and internationally. The company offers resins, such as tackifying resin, P-tert-butyl Phenol formaldehyde tackifying resin, P-octyl Phenol formaldehyde tackifying resin, straight Phenol formaldehyde tackifying resin, tall oil modification Phenol formaldehyde resin, CNSL modified phenol formaldehyde reinforcing resin, and resorcinol formaldehyde resin, as well as curing, wet grp, anti-tear, tread, and sidewall resin. It ...[Read more]
Industry
Chemicals - Specialty
IPO Date
2018-07-10
Stock Exchange
SHH
Ticker
603650.SS
According to Red Avenue New Materials Group Co., Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 57.56. This represents a change of -11.22% compared to the average of 64.84 of the last 4 quarters.
The mean historical PE Ratio of Red Avenue New Materials Group Co., Ltd. over the last ten years is 45.42. The current 57.56 PE Ratio has changed 12.57% with respect to the historical average. Over the past ten years (40 quarters), 603650.SS's PE Ratio was at its highest in in the December 2019 quarter at 1.15K. The PE Ratio was at its lowest in in the March 2018 quarter at 21.12.
Average
45.42
Median
42.24
Minimum
26.65
Maximum
91.49
Discovering the peaks and valleys of Red Avenue New Materials Group 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 = 106.59%
Maximum Annual PE Ratio = 91.49
Minimum Annual Increase = -71.15%
Minimum Annual PE Ratio = 26.65
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 46.96 | 16.82% |
| 2024 | 40.20 | -16.92% |
| 2023 | 48.38 | -21.53% |
| 2022 | 61.66 | -32.61% |
| 2021 | 91.49 | 106.59% |
| 2020 | 44.29 | 43.43% |
| 2019 | 30.88 | 15.86% |
| 2018 | 26.65 | -9.87% |
| 2017 | 29.57 | -13.33% |
| 2016 | 34.12 | -71.15% |
The current PE Ratio of Red Avenue New Materials Group Co., Ltd. (603650.SS) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
45.18
5-year avg
57.74
10-year avg
45.42
Red Avenue New Materials Group Co., Ltd.’s PE Ratio is less than Super-Dragon Engineering Plastics Co., Ltd (136.13), greater than Qingdao Gon Technology Co., Ltd. (16.22), less than Shenzhen WOTE Advanced Materials Co., Ltd (75.50), greater than Jiangsu Boiln Plastics Co., Ltd. (55.26), greater than Guangdong Silver Age Sci & Tech Co.,Ltd. (35.58), greater than Swancor Advanced Materials Co., Ltd. (-302.51), greater than Yongyue Science&Technology Co.,Ltd (-29.08), less than Rastar Environmental Protection Materials Co., Ltd. (99.07), greater than Wuxi Acryl Technology Co., Ltd. (-52.75), greater than PhiChem Corporation (37.81),
| Company | PE Ratio | Market cap |
|---|---|---|
| 136.13 | $1.79B | |
| 16.22 | $27.41B | |
| 75.50 | $5.54B | |
| 55.26 | $5.53B | |
| 35.58 | $5.70B | |
| -302.51 | $45.15B | |
| -29.08 | $1.73B | |
| 99.07 | $7.42B | |
| -52.75 | $2.67B | |
| 37.81 | $16.81B |
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