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Zhejiang Weigang Technology Co., Ltd. Zhejiang Weigang Technology Co., Ltd.

Zhejiang Weigang Technology Co., Ltd.

001256
Rank in Stocks #8439
Zhejiang Weigang Technology Co., Ltd. engages in the research and development,... Zhejiang Weigang Technology Co., Ltd. engages in the research and development, production, marketing, and service of label printing machines and converting machines in China. It offers rotary offset printing and intermittent label offset printing machines; flexo printing machines, label(logo)flexo printing machines with three die-cutting stations, and label(logo)flexo printing machines; and screen printing machines. The company also provides rotary/semi-rotary label die-cutting machines, adhesive label(logo) die-cutting machines, and slitting machines with rotary die-cutting stations; slitting machines and slitting machines with rotary die-cutting stations; and automatic label inspecting machines and label inspecting machines. Zhejiang Weigang Technology Co., Ltd. also exports its products to approximately 80 countries, such as Germany, Italy, Russia, Japan, the United States, the United Kingdom, and others. The company was formerly known as Ruian Donghai Printing Machinery Co., Ltd. Zhejiang Weigang Technology Co., Ltd. was founded in 1996 and is based in Wenzhou, China.
Share Price
$3.61
Market Cap
$514.18M
Change (1 day)
-2.20%
Change (1 year)
4.74%
Country
CN
Trade Zhejiang Weigang Technology Co., Ltd. (001256)

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P/E ratio for Zhejiang Weigang Technology Co., Ltd. (001256)
P/E ratio as of April 2026 TTM: 35.95
According to Zhejiang Weigang Technology Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.95. At the end of 2023 the company had a P/E ratio of 32.14.
P/E ratio history for Zhejiang Weigang Technology Co., Ltd. from 2018 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 35.95 44.73%
2024 24.84 -22.70%
2023 32.14 -30.20%
2022 46.05 58.14%
2021 29.12 0.00%
2020 0.00 -100.00%
2019 33.08 -11.31%
2018 37.30 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
34.79 -3.23%
US
20.19 -43.83%
DE
30.99 -13.79%
FR
64.36 79.03%
DE
33.96 -5.55%
IE
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.