Harbin Electric Company Limited
1133
Rank in Stocks
#4537
Harbin Electric Company Limited, in conjunction with its various subsidiaries,... Harbin Electric Company Limited, in conjunction with its various subsidiaries, specializes in the production and distribution of power plant machinery across the People's Republic of China. Its comprehensive product range encompasses primary equipment for thermal power generation, such as boilers, steam turbines, and steam turbine generators. The company also provides complete hydropower generator units, as well as crucial components for nuclear power facilities, including both nuclear island and conventional island equipment. Additionally, it offers advanced steam power systems like 9F/9H class gas turbines and combined gas and steam cycle setups. Beyond these core offerings, Harbin Electric is dedicated to the research, development, and manufacturing of clean energy solutions, including solar energy, tidal power, and desalination products. It also supplies a diverse array of supporting equipment for power stations, industrial boilers, industrial steam turbines, control devices, and AC/DC motors, alongside specialized parts such as power station valves, pressure vessels, and axial compressors. The company extends its operations to include the construction of power station projects, maintenance and servicing of thermal and hydropower equipment, international trade of power station apparatus, and comprehensive after-sales support for its products. Furthermore, it conducts engineering technology research and development for power equipment and related ancillary items, and delivers environmental protection engineering services, specifically desulfurization, denitrification, and dust removal solutions. Harbin Electric's products are sold globally, with exports reaching markets in Asia and South America. Established in 1994, the firm is headquartered in Harbin, PRC, and functions as a subsidiary of Harbin Electric Corporation Co., Ltd.
Share Price
$1.52
Market Cap
$3.39B
Change (1 day)
-4.13%
Change (1 year)
-0.12%
Country
CN
Trade Harbin Electric Company Limited (1133)
Category
Industrials
P/E ratio for Harbin Electric Company Limited (1133)
P/E ratio as of October 2026 TTM: 6.89
According to Harbin Electric Company Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.89. At the end of 2023 the company had a P/E ratio of 5.93.
P/E ratio history for Harbin Electric Company Limited from 2004 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 6.89 | 117.46% |
| 2024 | 3.17 | -46.61% |
| 2023 | 5.93 | -87.55% |
| 2022 | 47.65 | -4,134.85% |
| 2021 | -1.18 | -99.75% |
| 2020 | -466.92 | -1,540.31% |
| 2019 | 32.42 | -62.97% |
| 2018 | 87.54 | 350.31% |
| 2017 | 19.44 | 80.01% |
| 2016 | 10.80 | -49.89% |
| 2015 | 21.55 | 129.33% |
| 2014 | 9.40 | 23.02% |
| 2013 | 7.64 | 46.01% |
| 2012 | 5.23 | -15.03% |
| 2011 | 6.16 | -56.04% |
| 2010 | 14.01 | 1.00% |
| 2009 | 13.87 | 86.09% |
| 2008 | 7.45 | -64.22% |
| 2007 | 20.83 | 87.45% |
| 2006 | 11.11 | -19.83% |
| 2005 | 13.86 | -37.08% |
| 2004 | 22.03 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| 26.81 | 288.88% |
DE
|
|
| - | - |
FR
|
|
| - | - |
DE
|
|
| 33.09 | 380.02% |
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.