Ningbo Orient Wires & Cables Co.,Ltd.
603606
Rank in Stocks
#3843
Ningbo Orient Wires & Cables Co.,Ltd., headquartered in Ningbo, China, is an... Ningbo Orient Wires & Cables Co.,Ltd., headquartered in Ningbo, China, is an international enterprise specializing in the design, production, installation, and maintenance of both land-based and submerged cable infrastructure. The company offers an extensive array of cabling solutions for diverse applications. Their underwater product line includes AC, DC, umbilical, and dynamic subsea cables. For terrestrial use, they provide high, medium, and low voltage power cables; various overhead insulated and line cables; coaxial, telecommunication, and network cables. Additionally, their specialized offerings encompass OPMC fiber composite medium voltage, instrumentation, control, variable frequency, charging pile, nuclear power plant, essential lysa-safe, and flexible mineral insulated fire-proof cables, alongside custom cables for unique requirements. The product portfolio also features a range of wires, such as flame-retardant, fire-resistant, low-smoke, halogen-free, and nylon types, as well as specific compensation wires for thermocouples. In addition to manufacturing, Ningbo Orient Wires & Cables delivers comprehensive offshore engineering services. These include construction tasks like cable laying, installation, and transport; rigorous testing and continuous monitoring of deployed systems; urgent repair services; and final project acceptance. Their advanced cabling and wiring solutions are vital components across numerous sectors, including smart electrical grids, the petroleum industry, nuclear energy, telecommunications, building construction, renewable wind power generation, offshore oil and gas exploration, military defense, and railway networks.
Share Price
$5.17
Market Cap
$4.25B
Change (1 day)
0.79%
Change (1 year)
-33.16%
Country
CN
Trade Ningbo Orient Wires & Cables Co.,Ltd. (603606)
Category
Industrials
P/E ratio for Ningbo Orient Wires & Cables Co.,Ltd. (603606)
P/E ratio as of 2026 TTM: 0
According to Ningbo Orient Wires & Cables Co.,Ltd. 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 Ningbo Orient Wires & Cables Co.,Ltd. from 2011 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2025 | 26.91 | -24.79% |
| 2024 | 35.79 | 21.38% |
| 2023 | 29.48 | -46.79% |
| 2022 | 55.41 | 96.03% |
| 2021 | 28.27 | 53.68% |
| 2020 | 18.39 | 15.78% |
| 2019 | 15.88 | -40.70% |
| 2018 | 26.78 | -62.48% |
| 2017 | 71.39 | -21.12% |
| 2016 | 90.51 | -16.69% |
| 2015 | 108.64 | 279.45% |
| 2014 | 28.63 | 93.89% |
| 2013 | 14.77 | 24.57% |
| 2012 | 11.85 | 7.04% |
| 2011 | 11.08 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 41.47 | - |
IE
|
|
| - | - |
CH
|
|
| 11.47 | - |
CN
|
|
| - | - |
TH
|
|
| 49.30 | - |
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.