Zhejiang Zhenshi New Materials
601112
Rank in Stocks
#4178
Zhejiang Zhenshi New Materials Co., Ltd. focuses on the entire lifecycle of... Zhejiang Zhenshi New Materials Co., Ltd. focuses on the entire lifecycle of advanced materials, from research and development to the production and marketing of fiber fabrics and various composite materials, including both thermosetting and thermoplastic types. These materials are widely utilized across numerous industries, such as renewable energy, cutting-edge automotive manufacturing (new energy vehicles), transport infrastructure, construction, and interior design. The company was established on September 7, 2000, and operates primarily from its headquarters in Tongxiang, China.
Share Price
$2.17
Market Cap
$3.78B
Change (1 day)
-0.55%
Change (1 year)
-
Country
CN
Trade Zhejiang Zhenshi New Materials (601112)
Category
Consumer Cyclical
P/E ratio for Zhejiang Zhenshi New Materials (601112)
P/E ratio as of 2026 TTM: 0
According to Zhejiang Zhenshi New Materials latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for Zhejiang Zhenshi New Materials from 2026 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| Not enough data for the provided dates. | ||
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 14.23 | - |
CN
|
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| 7.92 | - |
CN
|
|
| 37.79 | - |
US
|
|
| - | - |
CN
|
|
| 31.87 | - |
CN
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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.