Wanxiang Qianchao Co.,Ltd.
000559
Rank in Stocks
#3324
Wanxiang Qianchao Co.,Ltd. is a global manufacturer and supplier specializing... Wanxiang Qianchao Co.,Ltd. is a global manufacturer and supplier specializing in automotive components, serving both domestic Chinese and international markets. The company boasts a comprehensive product portfolio encompassing various parts like roller, needle, and seal bearings, along with complete wheel bearing units, shock absorber assemblies, and precision forged items. Their offerings further extend to fuel tanks, exhaust muffler systems, automotive electronics, universal joint assemblies, brake systems, and both constant velocity and standard drive shafts. Founded in 1969, the company's operations are headquartered in Hangzhou, China, and it operates as an integral subsidiary of Wanxiang Group Corporation.
Share Price
$1.57
Last synced: 2026-10-22
Market Cap
$5.23B
Change (1 day)
2.04%
Change (1 year)
3.18%
Country
CN
Trade Wanxiang Qianchao Co.,Ltd. (000559)
Category
Consumer Cyclical
P/E ratio for Wanxiang Qianchao Co.,Ltd. (000559)
P/E ratio as of October 2026 TTM: 33.03
According to Wanxiang Qianchao Co.,Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.03. At the end of 2024 the company had a P/E ratio of 21.21.
P/E ratio history for Wanxiang Qianchao Co.,Ltd. from 2001 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 33.03 | -40.47% |
| 2025 | 55.48 | 161.63% |
| 2024 | 21.21 | 2.35% |
| 2023 | 20.72 | 4.19% |
| 2022 | 19.89 | -35.13% |
| 2021 | 30.66 | -24.36% |
| 2020 | 40.53 | 46.94% |
| 2019 | 27.58 | 41.11% |
| 2018 | 19.55 | -38.16% |
| 2017 | 31.61 | -13.37% |
| 2016 | 36.49 | -34.42% |
| 2015 | 55.63 | 107.95% |
| 2014 | 26.75 | 101.88% |
| 2013 | 13.25 | 2.65% |
| 2012 | 12.91 | -20.28% |
| 2011 | 16.19 | -53.95% |
| 2010 | 35.17 | 41.44% |
| 2009 | 24.86 | 104.08% |
| 2008 | 12.18 | -74.82% |
| 2007 | 48.38 | 140.03% |
| 2006 | 20.15 | 14.72% |
| 2005 | 17.57 | 7.44% |
| 2004 | 16.35 | 21.22% |
| 2003 | 13.49 | -24.71% |
| 2002 | 17.92 | -32.68% |
| 2001 | 26.61 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 12.32 | -62.70% |
JP
|
|
| 11.55 | -65.02% |
JP
|
|
| 13.69 | -58.57% |
FR
|
|
| 8.26 | -74.98% |
KR
|
|
| 16.39 | -50.38% |
CN
|
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.