Zangge Mining Company Limited
000408
Rank in Stocks
#1386
Headquartered in Golmud, China, Zangge Mining Company Limited manufactures and... Headquartered in Golmud, China, Zangge Mining Company Limited manufactures and distributes potassium chloride under its 'Blue Sky' brand across China. The company's offerings also include industrial salt, magnesium chloride, and lithium carbonate specifically for battery applications. Founded in 1996, the organization adopted its current name, Zangge Mining Company Limited, in December 2021, having previously been known as Zangge Holding Company Limited.
Share Price
$10.25
Market Cap
$16.07B
Change (1 day)
-0.80%
Change (1 year)
28.70%
Country
CN
Trade Zangge Mining Company Limited (000408)
Category
Basic Materials
P/E ratio for Zangge Mining Company Limited (000408)
P/E ratio as of October 2026 TTM: 19.10
According to Zangge Mining Company Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.10. At the end of 2023 the company had a P/E ratio of 11.72.
P/E ratio history for Zangge Mining Company Limited from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 19.10 | 12.96% |
| 2024 | 16.91 | 44.33% |
| 2023 | 11.72 | 61.05% |
| 2022 | 7.27 | -87.05% |
| 2021 | 56.16 | -18.56% |
| 2020 | 68.96 | 40.16% |
| 2019 | 49.20 | 89.23% |
| 2018 | 26.00 | -10.75% |
| 2017 | 29.13 | -3.67% |
| 2016 | 30.24 | -10.03% |
| 2015 | 33.61 | 979.98% |
| 2014 | 3.11 | 29.91% |
| 2013 | 2.40 | -99.44% |
| 2012 | 424.59 | 80.55% |
| 2011 | 235.17 | 175.49% |
| 2010 | 85.36 | -692.41% |
| 2009 | -14.41 | 81.82% |
| 2008 | -7.92 | -104.38% |
| 2007 | 181.11 | 535.15% |
| 2006 | 28.51 | -1,013.21% |
| 2005 | -3.12 | -64.00% |
| 2004 | -8.67 | -113.47% |
| 2003 | 64.39 | -9.65% |
| 2002 | 71.27 | -18.49% |
| 2001 | 87.44 | 6.41% |
| 2000 | 82.17 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
CA
|
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| - | - |
US
|
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| - | - |
CN
|
|
| 13.88 | -27.31% |
SA
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| - | - |
NO
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How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.