Novoray Corporation

Novoray Corporationverified

688300.SS

Price:

$52.58

Market Cap:

$9.77B

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

The PE Ratio as of May 2025 (TTM) for Novoray Corporation (688300.SS) is 37.29

According to Novoray Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 37.29. This represents a change of -5.51% compared to the average of 39.47 of the last 4 quarters.

Novoray Corporation (688300.SS) Historical PE Ratio (quarterly & annually)

How has 688300.SS PE Ratio performed in the past?

The mean historical PE Ratio of Novoray Corporation over the last ten years is 60.49. The current 37.29 PE Ratio has changed 6.07% 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 73.86. The PE Ratio was at its lowest in in the December 2020 quarter at 11.53.

Quarterly (TTM)
Annual

Average

60.49

Median

53.73

Minimum

32.24

Maximum

137.53

Novoray Corporation (688300.SS) PE Ratio by Quarter and Year

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 = 137.53

Minimum Annual Increase = -43.86%

Minimum Annual PE Ratio = 32.24

Quarterly (TTM)
Annual
YearPE RatioChange
202447.59-15.52%
202356.3374.74%
202232.24-41.54%
202155.1451.88%
202036.31-30.61%
201952.3210.57%
201847.32-24.74%
201762.87-18.57%
201677.21-43.86%
2015137.536.25%

Novoray Corporation (688300.SS) Average PE Ratio

How has 688300.SS PE Ratio performed in the past?

The current PE Ratio of Novoray Corporation (688300.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

45.38

5-year avg

45.52

10-year avg

60.49

Novoray Corporation (688300.SS) PE Ratio vs. Peers

How is 688300.SS’s PE Ratio compared to its peers?

Novoray Corporation’s PE Ratio is greater than Ningbo Solartron Technology Co.,Ltd. (-238.70), greater than Suntar Environmental Technology Co., Ltd. (13.28), less than null (0), less than null (0), less than null (0),

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