GEM Co., Ltd.
002340
Rank in Stocks
#3830
GEM Co., Ltd. is a key player in the recycling sector, serving both the... GEM Co., Ltd. is a key player in the recycling sector, serving both the domestic Chinese market and international clients. Founded in Shenzhen, People's Republic of China, in 2001, the company transitioned to its current name in April 2015, having previously operated as Shenzhen Green Eco-manufacture Hi-tech Co., Ltd. The company's diverse portfolio includes materials for power batteries, such as nickel-cobalt-manganese and nickel-cobalt-aluminum ternary compounds. Furthermore, GEM supplies a variety of specialized metal products, encompassing ultrafine cobalt-nickel powders, fine cobalt-nickel chemical compounds, sodium paratungstate, tungsten powders, tungsten carbide, and other rare metals, alongside cemented carbide items. Its operations also involve precious and common metals like gold, silver, palladium, copper, and rhodium. Beyond metals, GEM manufactures wood products suitable for outdoor landscaping, gardens, and municipal projects. It also produces an array of sustainable plastic goods, including recycled plastic items, plastic lumber, and logistical tools. The firm's offerings extend to various battery solutions, such as energy storage stations, uninterruptible power supplies (UPS), and batteries designed for forklifts, tricycles, aerial vehicles, and vehicle air conditioning systems. Eco-friendly bricks constitute another product line. Additionally, GEM Co., Ltd. plays a significant role in waste management through its dedicated facilities for processing electronic waste and end-of-life automobiles.
Share Price
$0.85644106
Market Cap
$4.35B
Change (1 day)
0.00%
Change (1 year)
-26.95%
Country
CN
Trade GEM Co., Ltd. (002340)
Category
Industrials
P/E ratio for GEM Co., Ltd. (002340)
P/E ratio as of October 2026 TTM: 16.26
According to GEM Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.26. At the end of 2023 the company had a P/E ratio of 30.33.
P/E ratio history for GEM Co., Ltd. from 2006 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 16.26 | -50.21% |
| 2024 | 32.65 | 7.64% |
| 2023 | 30.33 | 6.15% |
| 2022 | 28.58 | -46.71% |
| 2021 | 53.62 | -33.85% |
| 2020 | 81.06 | 199.60% |
| 2019 | 27.06 | 36.44% |
| 2018 | 19.83 | -54.83% |
| 2017 | 43.90 | -39.03% |
| 2016 | 72.00 | -43.14% |
| 2015 | 126.62 | 142.31% |
| 2014 | 52.26 | -3.05% |
| 2013 | 53.90 | 7.51% |
| 2012 | 50.14 | 23.35% |
| 2011 | 40.64 | -53.88% |
| 2010 | 88.12 | 27.37% |
| 2009 | 69.19 | -26.74% |
| 2008 | 94.44 | 5.00% |
| 2007 | 89.94 | -47.62% |
| 2006 | 171.71 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 30.43 | 87.17% |
US
|
|
| 31.79 | 95.54% |
US
|
|
| - | - |
CA
|
|
| - | - |
FR
|
|
| 38.60 | 137.44% |
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.