Gree Electric Appliances, Inc. of Zhuhai
000651
Rank in Stocks
#810
Gree Electric Appliances, Inc. of Zhuhai, based in Zhuhai, China, functions as... Gree Electric Appliances, Inc. of Zhuhai, based in Zhuhai, China, functions as a global producer and vendor of a vast array of household and commercial appliances. The company's extensive product portfolio encompasses a broad spectrum of climate control solutions, including residential and central air conditioning units, advanced commercial VRF (Variable Refrigerant Flow) systems, industrial chillers (both screw and centrifugal types), refrigeration equipment, and heat pumps. Beyond temperature regulation, Gree supplies a diverse collection of home and kitchen appliances. This range features washing machines, air coolers, air circulation fans, air purifiers, sweeping robots, desktop water dispensers, and innovative folding baseboard heaters. For the kitchen, offerings extend to range hoods, stoves, gas water heaters, steam ovens, dishwashers, sparkling water makers, air fryers, and specialized health pots. Furthermore, Gree develops and manufactures various specialized industrial components. These include household VRF rotors, commercial AC VRF scrolls, air-cooled magnetic bearings, drive motors for air compressors, servo systems, and permanent magnet auxiliary synchronous reluctance motors. In addition to its core manufacturing, the enterprise diversifies its operations by offering financial services and producing essential electrical components such as varnished wires and capacitors. Established in 1989, the company initially operated under the name Haili Air-conditioning Engineering Co., Ltd. of Zhuhai, before adopting its current corporate identity, Gree Electric Appliances, Inc. of Zhuhai, in 1994.
Share Price
$5.38
Market Cap
$30.05B
Change (1 day)
-3.81%
Change (1 year)
-5.82%
Country
CN
Trade Gree Electric Appliances, Inc. of Zhuhai (000651)
Category
Consumer Cyclical
P/E ratio for Gree Electric Appliances, Inc. of Zhuhai (000651)
P/E ratio as of October 2026 TTM: 7.92
According to Gree Electric Appliances, Inc. of Zhuhai latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.92. At the end of 2023 the company had a P/E ratio of 6.16.
P/E ratio history for Gree Electric Appliances, Inc. of Zhuhai from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 7.92 | 1.59% |
| 2024 | 7.80 | 26.50% |
| 2023 | 6.16 | -14.89% |
| 2022 | 7.24 | -21.09% |
| 2021 | 9.18 | -45.10% |
| 2020 | 16.71 | 4.63% |
| 2019 | 15.97 | 94.55% |
| 2018 | 8.21 | -32.28% |
| 2017 | 12.12 | 26.24% |
| 2016 | 9.60 | -10.48% |
| 2015 | 10.73 | 35.84% |
| 2014 | 7.90 | -12.70% |
| 2013 | 9.05 | -12.37% |
| 2012 | 10.32 | 11.13% |
| 2011 | 9.29 | -22.47% |
| 2010 | 11.98 | -36.31% |
| 2009 | 18.81 | 62.16% |
| 2008 | 11.60 | -64.79% |
| 2007 | 32.95 | 115.52% |
| 2006 | 15.29 | 61.02% |
| 2005 | 9.50 | -5.50% |
| 2004 | 10.05 | -19.85% |
| 2003 | 12.54 | -12.00% |
| 2002 | 14.25 | -8.09% |
| 2001 | 15.50 | -6.58% |
| 2000 | 16.59 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 14.23 | 79.56% |
CN
|
|
| 37.79 | 376.93% |
US
|
|
| 31.87 | 302.16% |
CN
|
|
| - | - |
CN
|
|
| - | - |
CH
|
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.