Ningbo Water Meter (Group) Co., LTD.

Ningbo Water Meter (Group) Co., LTD.verified

603700.SS

Price:

$11.97

Market Cap:

$2.39B

Ningbo Water Meter (Group) Co., LTD. manufactures and sells water meters in China and internationally. The company offers multi and single-jet, volumetric rotary piston, woltmann, ultrasonic, AWWA standard, and batch control water meters; heat, oscillating, pre-payment, and electronic magnetic flow meters; test bench products; and water meter boxes, as well as spare parts for water meters. It also provides water management solutions for domestic, industrial, and irrigative uses. The company was founded in 1958 and is based in Ningbo, China.

Industry

Electrical Equipment & Parts

IPO Date

2019-01-28

Stock Exchange

SHH

Ticker

603700.SS

The PE Ratio as of May 2025 (TTM) for Ningbo Water Meter (Group) Co., LTD. (603700.SS) is 35.21

According to Ningbo Water Meter (Group) Co., LTD.’s latest financial reports and current stock price. The company's current PE Ratio is 35.21. This represents a change of -23.20% compared to the average of 45.85 of the last 4 quarters.

Ningbo Water Meter (Group) Co., LTD. (603700.SS) Historical PE Ratio (quarterly & annually)

How has 603700.SS PE Ratio performed in the past?

The mean historical PE Ratio of Ningbo Water Meter (Group) Co., LTD. over the last ten years is 23.09. The current 35.21 PE Ratio has changed 15.15% with respect to the historical average. Over the past ten years (40 quarters), 603700.SS's PE Ratio was at its highest in in the March 2022 quarter at 140.25. The PE Ratio was at its lowest in in the December 2022 quarter at 10.64.

Quarterly (TTM)
Annual

Average

23.09

Median

21.51

Minimum

16.66

Maximum

38.43

Ningbo Water Meter (Group) Co., LTD. (603700.SS) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Ningbo Water Meter (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 = 74.93%

Maximum Annual PE Ratio = 38.43

Minimum Annual Increase = -27.68%

Minimum Annual PE Ratio = 16.66

Quarterly (TTM)
Annual
YearPE RatioChange
202438.4374.93%
202321.975.41%
202220.8425.09%
202116.66-22.97%
202021.6327.52%
201916.96-17.11%
201820.47-11.11%
201723.037.69%
201621.38-27.68%
201529.56-9.88%

Ningbo Water Meter (Group) Co., LTD. (603700.SS) Average PE Ratio

How has 603700.SS PE Ratio performed in the past?

The current PE Ratio of Ningbo Water Meter (Group) Co., LTD. (603700.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

27.08

5-year avg

23.91

10-year avg

23.09

Ningbo Water Meter (Group) Co., LTD. (603700.SS) PE Ratio vs. Peers

How is 603700.SS’s PE Ratio compared to its peers?

Ningbo Water Meter (Group) Co., LTD.’s PE Ratio is greater than WPG (Shanghai) Smart Water Public Co., Ltd. (-14.01), greater than Ningbo Orient Wires & Cables Co.,Ltd. (33.77), greater than Warom Technology Incorporated Company (13.67), less than Yantai Eddie Precision Machinery Co., Ltd. (43.01), greater than Anjoy Foods Group Co., Ltd. (16.39),

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