Hangzhou Cable Co., Ltd.
603618
Rank in Stocks
#4676
Hangzhou Cable Co., Ltd. is actively involved in the global market, focusing on... Hangzhou Cable Co., Ltd. is actively involved in the global market, focusing on the research, development, production, and distribution of a comprehensive range of wires and cables. Its extensive product catalog includes various cable types such as high-voltage, power, overhead, control, mineral insulation, mining, and rubber cables, as well as different kinds of wires, specifically aluminum alloy, overhead, and plastic wires. The company further provides specialized offerings for transmission initiatives, including high-voltage temperature-sensing cables, steel-core aluminum alloy wires, and heat-tolerant aluminum alloy wires. Established in 1958, the firm's main offices are situated in Hangzhou, China.
Share Price
$4.69
Market Cap
$3.25B
Change (1 day)
-4.00%
Change (1 year)
292.70%
Country
CN
Trade Hangzhou Cable Co., Ltd. (603618)
Category
Industrials
P/E ratio for Hangzhou Cable Co., Ltd. (603618)
P/E ratio as of October 2026 TTM: -3.04K
According to Hangzhou Cable Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.04K. At the end of 2023 the company had a P/E ratio of 32.00.
P/E ratio history for Hangzhou Cable Co., Ltd. from 2011 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | -3.04K | -11,300.74% |
| 2024 | 27.15 | -15.16% |
| 2023 | 32.00 | 27.76% |
| 2022 | 25.05 | -51.50% |
| 2021 | 51.64 | 49.08% |
| 2020 | 34.64 | 7.07% |
| 2019 | 32.35 | -11.60% |
| 2018 | 36.60 | -40.39% |
| 2017 | 61.40 | 3.02% |
| 2016 | 59.60 | 19.20% |
| 2015 | 50.00 | 117.62% |
| 2014 | 22.98 | -17.80% |
| 2013 | 27.95 | 10.00% |
| 2012 | 25.41 | -78.79% |
| 2011 | 119.79 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
CH
|
|
| - | - |
CN
|
|
| 41.47 | -101.36% |
IE
|
|
| - | - |
TH
|
|
| 49.30 | -101.62% |
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.