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Hefei Meyer Optoelectronic Technology Inc. Hefei Meyer Optoelectronic Technology Inc.

Hefei Meyer Optoelectronic Technology Inc.

002690
Rank in Stocks #6438
Hefei Meyer Optoelectronic Technology Inc. specializes in the research,... Hefei Meyer Optoelectronic Technology Inc. specializes in the research, development, and sale of advanced optical sorting and X-ray inspection systems. The company produces a wide variety of optical sorters, including models for rice, tea, wheat, corn, other grains, various nuts (such as cashews and peanuts), beans, and plastics, available in both belt and chute designs. Additionally, it offers X-ray inspection machines for numerous applications, spanning canned, dehydrated, and frozen foods, meat, mushrooms, and seafood, as well as industrial checks for shoes, clothing, bags, snacks, and tires, alongside security screening. Meyer also provides comprehensive support services like pre-sale consultations, helpdesk assistance, on-site support, warranties, spare parts, and training. Primarily serving the agricultural product processing, industrial quality control, and healthcare sectors, the company operates in roughly 100 countries. Founded in 1993, Hefei Meyer Optoelectronic Technology Inc. is based in Hefei, China.
Share Price
$2.31
Market Cap
$2.04B
Change (1 day)
0.00%
Change (1 year)
-16.80%
Country
CN
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P/E ratio for Hefei Meyer Optoelectronic Technology Inc. (002690)
P/E ratio as of 2026 TTM: 0
According to Hefei Meyer Optoelectronic Technology Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for Hefei Meyer Optoelectronic Technology Inc. from 2026 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
Not enough data for the provided dates.
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
- -
US
27.68 -
DE
- -
FR
- -
DE
36.53 -
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.