MTEN
Price:
$1.17
Market Cap:
$8.00M
Mingteng International Corporation Inc. engages in the design, development, production, assembly, testing, repair, and after-sale service of molds in the People's Republic of China. It offers casting molds for turbocharger systems, braking systems, steering and differential systems, and other automotive system parts. The company also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components. It serves automobile, construction machinery, and other manufacturing industries. The company was founded in 2015 and is based in Wuxi, China.
Industry
Manufacturing - Metal Fabrication
IPO Date
2024-04-18
Stock Exchange
NASDAQ
Ticker
MTEN
According to Mingteng International Corporation Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -1.04. This represents a change of -58.81% compared to the average of -2.52 of the last 4 quarters.
The mean historical PE Ratio of Mingteng International Corporation Inc. over the last ten years is 33.08. The current -1.04 PE Ratio has changed -414.35% with respect to the historical average. Over the past ten years (40 quarters), MTEN's PE Ratio was at its highest in in the June 2023 quarter at 7.78. The PE Ratio was at its lowest in in the June 2024 quarter at -20.70.
Average
33.08
Median
43.52
Minimum
-6.42
Maximum
61.47
Discovering the peaks and valleys of Mingteng International Corporation Inc. 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 = 26.93%
Maximum Annual PE Ratio = 61.47
Minimum Annual Increase = -155.32%
Minimum Annual PE Ratio = -6.42
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -6.42 | -155.32% |
| 2023 | 11.61 | -78.97% |
| 2022 | 55.24 | 26.93% |
| 2021 | 43.52 | -29.20% |
The current PE Ratio of Mingteng International Corporation Inc. (MTEN) 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
20.14
5-year avg
33.08
10-year avg
33.08
Mingteng International Corporation Inc.’s PE Ratio is less than Castor Maritime Inc. (-0.44), greater than TOMI Environmental Solutions, Inc. (-3.09), less than Euroholdings Ltd. (1.28), greater than Guardforce AI Co., Limited (-2.92), less than Greenland Technologies Holding Corporation (2.20), less than CALLAN JMB INC. (-0.99), less than Decent Holding Inc. (16.15), greater than Tungray Technologies Inc Class A Ordinary Shares (-42.60), less than GEE Group, Inc. (-0.57), less than Hauchen AI Parking Management Technology Holding Co., Ltd. (123.49),
| Company | PE Ratio | Market cap |
|---|---|---|
| -0.44 | $19.61M | |
| -3.09 | $16.02M | |
| 1.28 | $20.11M | |
| -2.92 | $19.93M | |
| 2.20 | $18.26M | |
| -0.99 | $6.59M | |
| 16.15 | $26.48M | |
| -42.60 | $20.45M | |
| -0.57 | $20.79M | |
| 123.49 | $13.29M |
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