Wanhua Chemical Group Co., Ltd.
600309
Rank in Stocks
#797
Wanhua Chemical Group Co., Ltd. is a global enterprise specializing in the... Wanhua Chemical Group Co., Ltd. is a global enterprise specializing in the research, development, production, and worldwide distribution of a diverse range of chemical products. Its core business encompasses polyurethanes, petrochemicals, fine chemicals, and innovative new materials. The company's extensive product portfolio includes polyols, thermoplastic elastomers, various petrochemicals, and a wide array of isocyanate products, such as aliphatic isocyanates and their derivatives. It also supplies specialty amine products, alongside chemicals designed for aroma, nutrition, and performance applications. Wanhua manufactures polyether polyols for both flexible and rigid foams, as well as complete PU systems, and ethylene oxide derivatives. Beyond these, its offerings also extend to surface materials, new energy materials, polymethyl methacrylate (PMMA) resins and compounds, membrane materials, modified polypropylene, various polycarbonates (including silicone polycarbonates), long-chain polyamides, and biodegradable materials. These advanced chemical solutions are integral to a vast number of industries and applications. Key uses span household appliances and cold chain logistics, electronics, textiles and footwear, industrial machinery, furniture and bedding, construction, sealants, the automotive and transportation sectors, coatings, sports and leisure goods, adhesives, and home and personal care products, among others. Founded in 1978, the company initially operated under the name Yantai Wanhua Polyurethanes Co., Ltd. It officially rebranded to Wanhua Chemical Group Co., Ltd. in June 2013. The company maintains its corporate headquarters in Yantai, China.
Share Price
$9.69
Market Cap
$30.35B
Change (1 day)
-0.30%
Change (1 year)
13.41%
Country
CN
Trade Wanhua Chemical Group Co., Ltd. (600309)
Category
Basic Materials
P/E ratio for Wanhua Chemical Group Co., Ltd. (600309)
P/E ratio as of October 2026 TTM: 12.24
According to Wanhua Chemical Group Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.24. At the end of 2023 the company had a P/E ratio of 14.33.
P/E ratio history for Wanhua Chemical Group Co., Ltd. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 12.24 | -28.82% |
| 2024 | 17.19 | 19.96% |
| 2023 | 14.33 | -20.02% |
| 2022 | 17.92 | 39.28% |
| 2021 | 12.87 | -54.81% |
| 2020 | 28.47 | 63.69% |
| 2019 | 17.39 | 248.06% |
| 2018 | 5.00 | -46.12% |
| 2017 | 9.27 | -26.55% |
| 2016 | 12.63 | -47.63% |
| 2015 | 24.11 | 24.13% |
| 2014 | 19.43 | 25.75% |
| 2013 | 15.45 | 7.93% |
| 2012 | 14.31 | -4.76% |
| 2011 | 15.03 | -27.71% |
| 2010 | 20.79 | -44.43% |
| 2009 | 37.41 | 240.84% |
| 2008 | 10.98 | -74.63% |
| 2007 | 43.26 | 19.64% |
| 2006 | 36.16 | 202.98% |
| 2005 | 11.94 | -13.47% |
| 2004 | 13.79 | -42.43% |
| 2003 | 23.96 | -33.56% |
| 2002 | 36.07 | -34.73% |
| 2001 | 55.26 | -50.56% |
| 2000 | 111.76 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 50.73 | 314.57% |
TW
|
|
| 21.21 | 73.31% |
JP
|
|
| - | - |
DE
|
|
| -6.52 | -153.32% |
SA
|
|
| - | - |
CN
|
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.