TBEA Co., Ltd.
600089
Rank in Stocks
#1702
TBEA Co., Ltd., along with its subsidiaries, operates as a global, diversified... TBEA Co., Ltd., along with its subsidiaries, operates as a global, diversified enterprise specializing in power energy, power transmission, renewable energy, advanced materials, and comprehensive energy solutions. The company's extensive manufacturing portfolio includes a wide range of electrical equipment: transformers, switches, electric wires and cables with accessories, integrated substation automation systems, smart distribution grid technologies, and electric vehicle (EV) charging facilities. It also supplies power control systems, photovoltaic (PV) products, polysilicon, flexible transmission and distribution equipment, white carbon black, silicon wafers, and solar inverters. In the materials sector, TBEA is a key producer of various alloy materials, offering aluminum alloy rods, ingots, and specialized profiles for industrial applications, windows, doors, and curtain walls. Their output further encompasses electron and electronic aluminum foils, etched and formed electrode foils, aluminum substrate plate strips, as well as target rods, wires, and ingots. Additionally, they provide high-purity aluminum products, including refined ingots, rods, and wires. Beyond its core manufacturing, TBEA engages in coal mining and sales, electricity and heat generation and supply, and provides power transmission and transformation equipment. The company also undertakes Ultra High Voltage (UHV) DC and AC engineering projects, operates wind and photovoltaic power plants, and delivers end-to-end solutions. These solutions span project survey, design, construction, installation, commissioning, operation, maintenance, training, and system integration, alongside public charging services. Established in 1938, TBEA is headquartered in Changji, China.
Share Price
$2.50
Market Cap
$12.56B
Change (1 day)
-1.20%
Change (1 year)
-7.59%
Country
CN
Trade TBEA Co., Ltd. (600089)
Category
Industrials
P/E ratio for TBEA Co., Ltd. (600089)
P/E ratio as of October 2026 TTM: 16.08
According to TBEA Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.08. At the end of 2023 the company had a P/E ratio of 5.81.
P/E ratio history for TBEA Co., Ltd. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 16.08 | 0.50% |
| 2024 | 16.00 | 175.58% |
| 2023 | 5.81 | 19.29% |
| 2022 | 4.87 | -55.96% |
| 2021 | 11.05 | -28.25% |
| 2020 | 15.40 | 25.76% |
| 2019 | 12.25 | 26.92% |
| 2018 | 9.65 | -41.26% |
| 2017 | 16.43 | 26.94% |
| 2016 | 12.94 | -36.06% |
| 2015 | 20.24 | -11.22% |
| 2014 | 22.80 | 18.01% |
| 2013 | 19.32 | 11.38% |
| 2012 | 17.35 | 5.07% |
| 2011 | 16.51 | -1.12% |
| 2010 | 16.69 | -40.19% |
| 2009 | 27.91 | 48.18% |
| 2008 | 18.84 | -52.25% |
| 2007 | 39.45 | 84.42% |
| 2006 | 21.39 | 23.63% |
| 2005 | 17.30 | -3.10% |
| 2004 | 17.85 | 16.90% |
| 2003 | 15.27 | -22.07% |
| 2002 | 19.60 | -7.59% |
| 2001 | 21.21 | -29.05% |
| 2000 | 29.89 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
CH
|
|
| - | - |
CN
|
|
| 41.47 | 157.88% |
IE
|
|
| - | - |
TH
|
|
| 49.30 | 206.59% |
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.