Han's Laser Technology Industry Group Co., Ltd.
002008
Rank in Stocks
#2144
Han's Laser Technology Industry Group Co., Ltd. is a prominent entity in the... Han's Laser Technology Industry Group Co., Ltd. is a prominent entity in the People's Republic of China, specializing in the development, manufacturing, and distribution of advanced laser processing and industrial automation equipment. Its extensive product portfolio encompasses a wide array of laser systems, including those for engraving, marking, etching, welding, and cutting. Beyond core laser technologies, the company also provides 3D printers, comprehensive automation solutions, plasma cleaning machines, CNC equipment, and industrial robots. These sophisticated tools find their primary application across a broad spectrum of industries, notably electronics and semiconductors, mechanical hardware, new energy, packaging, materials processing, automotive, and sheet metal fabrication. Complementing its product offerings, the group delivers essential machine installation and ongoing after-sales services. Established in 1996, the firm was initially known as Han's Laser Technology Co., Ltd. before officially changing its name to Han's Laser Technology Industry Group Co., Ltd. in November 2014. It is headquartered in Shenzhen, People's Republic of China.
Share Price
$9.07
Market Cap
$9.33B
Change (1 day)
-5.55%
Change (1 year)
75.89%
Country
CN
Trade Han's Laser Technology Industry Group Co., Ltd. (002008)
Category
Industrials
P/E ratio for Han's Laser Technology Industry Group Co., Ltd. (002008)
P/E ratio as of October 2026 TTM: 31.37
According to Han's Laser Technology Industry Group Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.37. At the end of 2024 the company had a P/E ratio of 15.43.
P/E ratio history for Han's Laser Technology Industry Group Co., Ltd. from 2001 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 31.37 | -12.43% |
| 2025 | 35.82 | 132.10% |
| 2024 | 15.43 | -41.91% |
| 2023 | 26.56 | 19.10% |
| 2022 | 22.30 | -22.35% |
| 2021 | 28.72 | -37.51% |
| 2020 | 45.97 | -29.90% |
| 2019 | 65.57 | 260.20% |
| 2018 | 18.21 | -43.35% |
| 2017 | 32.13 | 0.95% |
| 2016 | 31.83 | -12.71% |
| 2015 | 36.46 | 52.98% |
| 2014 | 23.84 | -8.12% |
| 2013 | 25.94 | 87.11% |
| 2012 | 13.86 | 16.24% |
| 2011 | 11.93 | -71.26% |
| 2010 | 41.51 | -98.33% |
| 2009 | 2.48K | 8,817.89% |
| 2008 | 27.86 | -60.40% |
| 2007 | 70.34 | 27.65% |
| 2006 | 55.10 | 91.44% |
| 2005 | 28.78 | -12.41% |
| 2004 | 32.86 | -62.29% |
| 2003 | 87.13 | -23.88% |
| 2002 | 114.47 | -22.14% |
| 2001 | 147.03 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 35.44 | 12.98% |
US
|
|
| 24.92 | -20.55% |
DE
|
|
| 28.00 | -10.74% |
FR
|
|
| 40.86 | 30.25% |
DE
|
|
| 30.90 | -1.49% |
US
|
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.