Ningbo Ronbay New Energy Technology Co., Ltd.

Ningbo Ronbay New Energy Technology Co., Ltd.verified

688005.SS

Price:

$21.32

Market Cap:

$14.92B

Ningbo Ronbay New Energy Technology Co., Ltd. engages in the research and development, manufacturing, and sale of lithium battery cathode materials in China and internationally. The company was founded in 2014 and is based in Yuyao, China.

Industry

Hardware, Equipment & Parts

IPO Date

2019-07-22

Stock Exchange

SHH

Ticker

688005.SS

The PE Ratio as of April 2025 (TTM) for Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SS) is 50.76

According to Ningbo Ronbay New Energy Technology Co., Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 50.76. This represents a change of 578.35% compared to the average of 7.48 of the last 4 quarters.

Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SS) Historical PE Ratio (quarterly & annually)

How has 688005.SS PE Ratio performed in the past?

The mean historical PE Ratio of Ningbo Ronbay New Energy Technology Co., Ltd. over the last ten years is 327.15. The current 50.76 PE Ratio has changed 1.45% with respect to the historical average. Over the past ten years (40 quarters), 688005.SS's PE Ratio was at its highest in in the March 2019 quarter at 118.54. The PE Ratio was at its lowest in in the December 2023 quarter at -87.92.

Quarterly (TTM)
Annual

Average

327.15

Median

59.27

Minimum

15.25

Maximum

2.16K

Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SS) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Ningbo Ronbay New Energy Technology 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 = 200.45%

Maximum Annual PE Ratio = 2.16K

Minimum Annual Increase = -85.38%

Minimum Annual PE Ratio = 15.25

Quarterly (TTM)
Annual
YearPE RatioChange
202433.79-26.24%
202345.80200.45%
202215.25-59.54%
202137.68-47.55%
202071.84-36.44%
2019113.0390.71%
201859.27-85.38%
2017405.35-81.25%

Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SS) Average PE Ratio

How has 688005.SS PE Ratio performed in the past?

The current PE Ratio of Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

31.61

5-year avg

40.87

10-year avg

327.15

Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SS) PE Ratio vs. Peers

How is 688005.SS’s PE Ratio compared to its peers?

Ningbo Ronbay New Energy Technology Co., Ltd.’s PE Ratio is greater than Montage Technology Co., Ltd. (48.37), less than Advanced Micro-Fabrication Equipment Inc. China (69.38), greater than Shanghai Putailai New Energy Technology Co.,Ltd. (23.45), less than Guangzhou Tinci Materials Technology Co., Ltd. (60.30), greater than Raytron Technology Co.,Ltd. (42.14),

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