Grandblue Environment Co., Ltd.
600323
Rank in Stocks
#4205
Grandblue Environment Co., Ltd. engages in the water supply, drainage, solid... Grandblue Environment Co., Ltd. engages in the water supply, drainage, solid waste treatment, and energy businesses in China. The company provides water intake, water production, water transmission, and drinking water services; and sewage treatment, and pipeline network operation and maintenance services, as well as manages and controls wastewater plants, draining pipeline networks, and pumping stations. It also engages in the waste incineration power generation, sludge disposal, fly ash disposal, ash landfill, waste landfill, solid waste environmental protection engineering, and sanitation; pipeline natural gas, bottled gas, hydrogen, and other multi-energy supply; and asset management businesses. Grandblue Environment Co., Ltd. was formerly known as Nanhai Development Co. Ltd. and changed its name to Grandblue Environment Co., Ltd. in December 2013. The company was founded in 1992 and is based in Foshan, China.
Share Price
$4.59
Market Cap
$3.74B
Change (1 day)
0.26%
Change (1 year)
11.98%
Country
CN
Trade Grandblue Environment Co., Ltd. (600323)
Category
Utilities
P/E ratio for Grandblue Environment Co., Ltd. (600323)
P/E ratio as of October 2026 TTM: 11.31
According to Grandblue Environment Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.31. At the end of 2024 the company had a P/E ratio of 11.58.
P/E ratio history for Grandblue Environment Co., Ltd. from 2001 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 11.31 | -4.35% |
| 2025 | 11.82 | 2.07% |
| 2024 | 11.58 | 16.92% |
| 2023 | 9.90 | -24.89% |
| 2022 | 13.18 | -8.88% |
| 2021 | 14.47 | -19.52% |
| 2020 | 17.98 | 22.07% |
| 2019 | 14.73 | 20.09% |
| 2018 | 12.26 | -35.09% |
| 2017 | 18.89 | -12.93% |
| 2016 | 21.70 | -28.31% |
| 2015 | 30.26 | 2.41% |
| 2014 | 29.55 | 28.00% |
| 2013 | 23.09 | 31.02% |
| 2012 | 17.62 | -2.97% |
| 2011 | 18.16 | 127.35% |
| 2010 | 7.99 | -74.98% |
| 2009 | 31.93 | 40.13% |
| 2008 | 22.78 | -38.52% |
| 2007 | 37.06 | 79.37% |
| 2006 | 20.66 | -14.88% |
| 2005 | 24.27 | 9.66% |
| 2004 | 22.13 | -26.78% |
| 2003 | 30.23 | -0.93% |
| 2002 | 30.52 | -23.70% |
| 2001 | 39.99 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 22.79 | 101.54% |
US
|
|
| - | - |
BR
|
|
| 20.33 | 79.83% |
US
|
|
| - | - |
US
|
|
| 11.45 | 1.24% |
HK
|
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.