688300.SS
Price:
$57.31
Market Cap:
$13.84B
Novoray Corporation researches, develops, manufactures, and sells industrial powder materials for various applications worldwide. The company offers crystalline silica powder, fused silica powder, soft composite silica powder, round corner crystalline silica powder, spherical silica powder, spherical aluminum oxide powder, sub-micron spherical silica powder, and acicular powder. It serves electronic materials, electrical insulating materials, ceramics, precision casting, paints and coatings, silicon rubber, functional rubber, plastics, and building materials manufacturing industries worldwide. Novoray Corporation was founded in 1984 and is based in Lianyungang, China.
Industry
Chemicals - Specialty
IPO Date
2019-11-15
Stock Exchange
SHH
Ticker
688300.SS
According to Novoray Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 48.57. This represents a change of 29.04% compared to the average of 37.64 of the last 4 quarters.
The mean historical PE Ratio of Novoray Corporation over the last ten years is 46.53. The current 48.57 PE Ratio has changed 10.34% with respect to the historical average. Over the past ten years (40 quarters), 688300.SS's PE Ratio was at its highest in in the March 2023 quarter at 56.82. The PE Ratio was at its lowest in in the December 2020 quarter at 8.87.
Average
46.53
Median
41.32
Minimum
24.80
Maximum
105.80
Discovering the peaks and valleys of Novoray Corporation 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 = 74.74%
Maximum Annual PE Ratio = 105.80
Minimum Annual Increase = -43.86%
Minimum Annual PE Ratio = 24.80
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 36.61 | -15.52% |
| 2023 | 43.33 | 74.74% |
| 2022 | 24.80 | -41.53% |
| 2021 | 42.41 | 51.92% |
| 2020 | 27.92 | -30.62% |
| 2019 | 40.24 | 10.54% |
| 2018 | 36.40 | -24.74% |
| 2017 | 48.36 | -18.57% |
| 2016 | 59.39 | -43.86% |
| 2015 | 105.80 | 6.25% |
The current PE Ratio of Novoray Corporation (688300.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
34.91
5-year avg
35.01
10-year avg
46.53
Novoray Corporation’s PE Ratio is less than Shanghai Pret Composites Co., Ltd. (53.12), greater than CoCreation Grass Co., Ltd (23.90), greater than PhiChem Corporation (38.50), greater than Qingdao Gon Technology Co., Ltd. (16.89), less than Zhejiang Jiemei Electronic And Technology Co., Ltd. (65.34), greater than Jihua Group Corporation Limited (-3.29), greater than Nanjing Hanrui Cobalt Co.,Ltd. (48.44), greater than Xinxiang Richful Lube Additive Co., Ltd (21.25), greater than Zibo Qixiang Tengda Chemical Co., Ltd (-42.49), greater than Anhui Jiangnan Chemical Industry Co., Ltd. (19.14),
| Company | PE Ratio | Market cap |
|---|---|---|
| 53.12 | $13.64B | |
| 23.90 | $15.09B | |
| 38.50 | $12.77B | |
| 16.89 | $14.07B | |
| 65.34 | $13.00B | |
| -3.29 | $14.49B | |
| 48.44 | $13.21B | |
| 21.25 | $16.93B | |
| -42.49 | $13.30B | |
| 19.14 | $15.42B |
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