Wolong Electric Group Co.,Ltd.
600580
Rank in Stocks
#3218
Wolong Electric Group Co.,Ltd. is a global enterprise specializing in the... Wolong Electric Group Co.,Ltd. is a global enterprise specializing in the production and distribution of a wide array of electrical components. The company's primary offerings include diverse electric motors, advanced control devices, power transmission and supply infrastructure, and sophisticated power battery systems, catering to international markets. Its extensive motor portfolio encompasses low-voltage IEC and NEMA compliant models, a variety of medium and high-voltage motors—such as rib-cooled, tube-cooled, modular, specialized, and synchronous types—as well as motors specifically engineered for home appliances like air conditioners, washing machines, garden tools, and kitchen equipment. Wolong is also a significant supplier of electric vehicle (EV) motors. Beyond its motor range, the company provides low and high-voltage variable speed drives, synchronous and asynchronous generators, and a suite of industrial automation solutions, featuring servo motors, robotics, and precision spindles. Wolong's cutting-edge products find applications across numerous sectors worldwide. These encompass automotive manufacturing, chemical processing, domestic appliance production, marine vessels, mining operations, oil and gas extraction, power generation, water and wastewater management, infrastructure development, pulp and paper manufacturing, rail transportation, and heating, ventilation, and air conditioning (HVAC) systems. Founded in 1984, Wolong Electric Group Co.,Ltd. is headquartered in Shaoxing, China.
Share Price
$3.58
Market Cap
$5.54B
Change (1 day)
1.69%
Change (1 year)
-47.13%
Country
CN
Trade Wolong Electric Group Co.,Ltd. (600580)
Category
Industrials
P/E ratio for Wolong Electric Group Co.,Ltd. (600580)
P/E ratio as of October 2026 TTM: 37.72
According to Wolong Electric Group Co.,Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.72. At the end of 2023 the company had a P/E ratio of 23.83.
P/E ratio history for Wolong Electric Group Co.,Ltd. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 37.72 | 60.65% |
| 2024 | 23.48 | -1.49% |
| 2023 | 23.83 | 39.61% |
| 2022 | 17.07 | -14.96% |
| 2021 | 20.07 | 2.42% |
| 2020 | 19.60 | 45.03% |
| 2019 | 13.51 | 26.60% |
| 2018 | 10.67 | -19.24% |
| 2017 | 13.21 | -65.28% |
| 2016 | 38.06 | -3.44% |
| 2015 | 39.41 | 81.23% |
| 2014 | 21.75 | 37.63% |
| 2013 | 15.80 | 1.70% |
| 2012 | 15.54 | -40.40% |
| 2011 | 26.07 | -2.79% |
| 2010 | 26.82 | 23.31% |
| 2009 | 21.75 | 68.75% |
| 2008 | 12.89 | -62.82% |
| 2007 | 34.66 | 86.18% |
| 2006 | 18.62 | 54.73% |
| 2005 | 12.03 | 0.30% |
| 2004 | 12.00 | -46.25% |
| 2003 | 22.32 | -34.96% |
| 2002 | 34.32 | -24.94% |
| 2001 | 45.72 | -13.09% |
| 2000 | 52.60 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
CH
|
|
| - | - |
CN
|
|
| 41.47 | 9.93% |
IE
|
|
| - | - |
TH
|
|
| 49.30 | 30.70% |
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.