Changchun High-Tech Industries (Group) Inc.
000661
Rank in Stocks
#3898
Changchun High-Tech Industries (Group) Inc., operating with its various... Changchun High-Tech Industries (Group) Inc., operating with its various subsidiaries, is primarily involved in the production and distribution of biopharmaceutical products and traditional Chinese medicines across the Chinese market. Additionally, the company diversifies its activities into property development, real estate management, and leasing services. Founded in Changchun, China, in 1993, this enterprise was previously known as Changchun High & New Technology Industry (Group) Inc.
Share Price
$10.24
Market Cap
$4.18B
Change (1 day)
-1.10%
Change (1 year)
-38.73%
Country
CN
Trade Changchun High-Tech Industries (Group) Inc. (000661)
Category
Healthcare
P/E ratio for Changchun High-Tech Industries (Group) Inc. (000661)
P/E ratio as of October 2026 TTM: -122.13
According to Changchun High-Tech Industries (Group) Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -122.13. At the end of 2024 the company had a P/E ratio of 15.49.
P/E ratio history for Changchun High-Tech Industries (Group) Inc. from 2001 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | -122.13 | -151.46% |
| 2025 | 237.31 | 1,432.09% |
| 2024 | 15.49 | 20.41% |
| 2023 | 12.86 | -20.48% |
| 2022 | 16.18 | -44.55% |
| 2021 | 29.17 | -51.07% |
| 2020 | 59.62 | 36.97% |
| 2019 | 43.52 | 48.77% |
| 2018 | 29.26 | -36.92% |
| 2017 | 46.38 | 27.70% |
| 2016 | 36.32 | 1.38% |
| 2015 | 35.82 | 0.00% |
| 2014 | 35.82 | -28.82% |
| 2013 | 50.32 | 87.79% |
| 2012 | 26.80 | -36.45% |
| 2011 | 42.17 | -54.22% |
| 2010 | 92.12 | 93.10% |
| 2009 | 47.71 | -21.27% |
| 2008 | 60.59 | -78.73% |
| 2007 | 284.94 | 94.12% |
| 2006 | 146.79 | -2,592.14% |
| 2005 | -5.89 | -107.45% |
| 2004 | 79.10 | -1,740.30% |
| 2003 | -4.82 | -101.20% |
| 2002 | 400.80 | 28.02% |
| 2001 | 313.08 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 30.83 | -125.25% |
US
|
|
| -29.16 | -76.12% |
US
|
|
| -25.99 | -78.72% |
AU
|
|
| 22.43 | -118.37% |
BE
|
|
| 31.22 | -125.56% |
NL
|
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.