Tongding Interconnection Information Co., Ltd.
002491
Rank in Stocks
#4713
Tongding Interconnection Information Co., Ltd., which operates within the... Tongding Interconnection Information Co., Ltd., which operates within the People's Republic of China, focuses on several key technology sectors: optoelectronic cables and related support, broadband internet access, cybersecurity, big data analytics, and the Internet of Things (IoT). The company's product and service catalog is extensive, encompassing network communication hardware, core optical components like rods, fibers, and various types of cables (including medium/low voltage power cables and specialized photoelectric cables designed for railway and urban public transit signal systems). Additionally, Tongding develops smart safety monitoring systems and robust information security products. It also supplies a full range of terminal equipment, such as optical fiber distribution frames, cable transfer boxes, outdoor integrated cabinets, optical splitters, and fiber jumpers. Completing its offerings are power supply and cabinet solutions, alongside advanced big data processing and cloud computing services. Founded in 1999, the company initially operated under the name Jiangsu Tongding Optic-Electronic Co., Ltd. It officially adopted its current name, Tongding Interconnection Information Co., Ltd., in January 2015. Its corporate headquarters are situated in Suzhou, China.
Share Price
$2.60
Market Cap
$3.20B
Change (1 day)
0.39%
Change (1 year)
257.95%
Country
CN
Trade Tongding Interconnection Information Co., Ltd. (002491)
Category
Industrials
P/E ratio for Tongding Interconnection Information Co., Ltd. (002491)
P/E ratio as of October 2026 TTM: 99.54
According to Tongding Interconnection Information Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 99.54. At the end of 2023 the company had a P/E ratio of 27.22.
P/E ratio history for Tongding Interconnection Information Co., Ltd. from 2007 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 99.54 | 21.80% |
| 2024 | 81.72 | 200.18% |
| 2023 | 27.22 | -38.84% |
| 2022 | 44.51 | -548.78% |
| 2021 | -9.92 | -109.63% |
| 2020 | 102.99 | -2,610.10% |
| 2019 | -4.10 | -117.53% |
| 2018 | 23.41 | -12.86% |
| 2017 | 26.86 | -20.47% |
| 2016 | 33.78 | -71.50% |
| 2015 | 118.51 | 196.03% |
| 2014 | 40.03 | 188.80% |
| 2013 | 13.86 | 0.11% |
| 2012 | 13.85 | -24.14% |
| 2011 | 18.25 | -36.07% |
| 2010 | 28.55 | -32.29% |
| 2009 | 42.16 | -36.96% |
| 2008 | 66.88 | -80.18% |
| 2007 | 337.45 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
CH
|
|
| - | - |
CN
|
|
| 41.47 | -58.34% |
IE
|
|
| - | - |
TH
|
|
| 49.30 | -50.47% |
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.