Goertek Inc.
002241
Rank in Stocks
#1867
Goertek Inc. operates as a global enterprise, specializing in the research,... Goertek Inc. operates as a global enterprise, specializing in the research, development, manufacturing, and distribution of a diverse range of electro-acoustic and optical components, alongside various electronic accessories. The company's extensive product portfolio features a variety of intelligent consumer devices, including wearable technology like smartwatches and fitness trackers. It also offers immersive viewing solutions such as virtual reality headsets, panoramic cameras, and their associated peripherals. Additionally, Goertek produces intelligent audio products, including earphones and headphones. Beyond these, their offerings extend to smart lamps, robotics, voice-activated speakers, and unmanned aerial vehicles. Goertek is also a significant supplier of advanced components, manufacturing items like sensors, microphones, speakers, receivers, loudspeakers, linear vibration motors, antennas, and sophisticated optical modules. The company further provides specialized electronic devices such as game controllers and data gloves. Established in 2001, Goertek Inc. maintains its corporate headquarters in Weifang, located in the People's Republic of China.
Share Price
$3.15
Market Cap
$11.23B
Change (1 day)
-0.14%
Change (1 year)
-30.80%
Country
CN
Trade Goertek Inc. (002241)
Category
Technology
P/E ratio for Goertek Inc. (002241)
P/E ratio as of October 2026 TTM: 18.59
According to Goertek Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.59. At the end of 2024 the company had a P/E ratio of 32.67.
P/E ratio history for Goertek Inc. from 2005 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 18.59 | -26.22% |
| 2025 | 25.20 | -22.86% |
| 2024 | 32.67 | -49.62% |
| 2023 | 64.84 | 101.41% |
| 2022 | 32.20 | -23.23% |
| 2021 | 41.94 | 0.01% |
| 2020 | 41.93 | -15.80% |
| 2019 | 49.80 | 95.44% |
| 2018 | 25.48 | -0.13% |
| 2017 | 25.51 | 4.08% |
| 2016 | 24.51 | -41.90% |
| 2015 | 42.20 | 87.42% |
| 2014 | 22.51 | -44.81% |
| 2013 | 40.79 | 19.14% |
| 2012 | 34.24 | -0.19% |
| 2011 | 34.30 | -52.29% |
| 2010 | 71.91 | 9.23% |
| 2009 | 65.83 | 213.00% |
| 2008 | 21.03 | -41.85% |
| 2007 | 36.17 | 60.47% |
| 2006 | 22.54 | -48.55% |
| 2005 | 43.81 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 39.27 | 111.20% |
US
|
|
| 9.50 | -48.92% |
KR
|
|
| -111.05 | -697.26% |
JP
|
|
| 39.60 | 112.96% |
JP
|
|
| 17.28 | -7.04% |
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.