LB Group Co., Ltd.
002601
Rank in Stocks
#3508
LB Group Co., Ltd. manufactures and sells titanium dioxide pigments in China... LB Group Co., Ltd. manufactures and sells titanium dioxide pigments in China and internationally. The company offers a range of chemicals, including titanium, zirconium, and lithium products. The company also offers its products under the XUELIAN and BILLIONS brand names. Its products are used in coatings, paints, plastics, papermaking, and inks. The company was formerly known as Lomon Billions Group Co., Ltd. and changed its name to LB Group Co., Ltd. in July 2021. LB Group Co., Ltd. was founded in 1955 and is headquartered in Jiaozuo, China.
Share Price
$2.07
Market Cap
$4.94B
Change (1 day)
0.28%
Change (1 year)
-24.35%
Country
CN
Trade LB Group Co., Ltd. (002601)
Category
Basic Materials
P/E ratio for LB Group Co., Ltd. (002601)
P/E ratio as of October 2026 TTM: 46.60
According to LB Group Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.60. At the end of 2023 the company had a P/E ratio of 12.41.
P/E ratio history for LB Group Co., Ltd. from 2008 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 46.60 | 139.98% |
| 2024 | 19.42 | 56.43% |
| 2023 | 12.41 | -2.24% |
| 2022 | 12.70 | -5.81% |
| 2021 | 13.48 | -50.66% |
| 2020 | 27.32 | 126.61% |
| 2019 | 12.06 | 14.24% |
| 2018 | 10.55 | -20.15% |
| 2017 | 13.22 | -55.11% |
| 2016 | 29.44 | -57.68% |
| 2015 | 69.56 | 9.15% |
| 2014 | 63.73 | -56.10% |
| 2013 | 145.19 | 517.83% |
| 2012 | 23.50 | 8.37% |
| 2011 | 21.68 | -51.22% |
| 2010 | 44.45 | -67.97% |
| 2009 | 138.77 | -75.68% |
| 2008 | 570.50 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 31.66 | -32.06% |
GB
|
|
| - | - |
FR
|
|
| 29.64 | -36.40% |
US
|
|
| 38.37 | -17.66% |
US
|
|
| -1.41K | -3,117.74% |
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.