Qingdao TGOOD Electric Co., Ltd.
300001
Rank in Stocks
#3472
Qingdao TGOOD Electric Co., Ltd. provides extensive electrical power... Qingdao TGOOD Electric Co., Ltd. provides extensive electrical power transmission and distribution solutions, operating both within China and across international markets. Their product offerings include various types of substations, such as packaged, mobile (trailer), modular, and skip units. They also supply essential electrical components, including high-voltage (HV) gas-insulated, HV hybrid gas-insulated, and medium-voltage switchgear. Furthermore, the company manufactures a diverse range of transformers, suching dry-type, oil-filled, and amorphous alloy core models. Qingdao TGOOD Electric serves a broad client base across multiple sectors, including mining, oil and gas, railway infrastructure, public utilities, and renewable energy. The firm was established in 2004 and is based in Qingdao, China.
Share Price
$4.62
Market Cap
$4.88B
Change (1 day)
-0.42%
Change (1 year)
22.02%
Country
CN
Trade Qingdao TGOOD Electric Co., Ltd. (300001)
Category
Industrials
P/E ratio for Qingdao TGOOD Electric Co., Ltd. (300001)
P/E ratio as of October 2026 TTM: 23.73
According to Qingdao TGOOD Electric Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.73. At the end of 2024 the company had a P/E ratio of 24.66.
P/E ratio history for Qingdao TGOOD Electric Co., Ltd. from 2006 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 23.73 | 10.89% |
| 2025 | 21.40 | -13.23% |
| 2024 | 24.66 | -41.10% |
| 2023 | 41.88 | -27.99% |
| 2022 | 58.15 | -43.09% |
| 2021 | 102.18 | -28.71% |
| 2020 | 143.33 | 125.98% |
| 2019 | 63.43 | -34.78% |
| 2018 | 97.25 | 99.90% |
| 2017 | 48.65 | -27.89% |
| 2016 | 67.46 | -62.78% |
| 2015 | 181.25 | 286.10% |
| 2014 | 46.94 | 23.14% |
| 2013 | 38.12 | 46.23% |
| 2012 | 26.07 | -2.81% |
| 2011 | 26.82 | -47.64% |
| 2010 | 51.23 | -4.19% |
| 2009 | 53.47 | -22.27% |
| 2008 | 68.78 | -70.31% |
| 2007 | 231.69 | -21.05% |
| 2006 | 293.48 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 30.77 | 29.67% |
CH
|
|
| 11.47 | -51.65% |
CN
|
|
| 39.95 | 68.36% |
IE
|
|
| 97.50 | 310.86% |
TH
|
|
| 43.39 | 82.84% |
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.