Neway Valve (Suzhou) Co., Ltd.
603699
Rank in Stocks
#3942
Neway Valve (Suzhou) Co., Ltd. is a global enterprise deeply involved in the... Neway Valve (Suzhou) Co., Ltd. is a global enterprise deeply involved in the innovation, production, sales, and maintenance of industrial valve systems. The company provides an extensive array of valve solutions, catering to markets both within China and internationally. Its comprehensive product line includes various types of isolation valves, such as gate, globe, and check designs, encompassing models like cast steel, parallel gate, axial flow/dual plate check, and forged valves. They also offer quarter-turn ball valves, including floating, trunnion-mounted, and compact double block and bleed (DBB) configurations. Rotary butterfly valves are available in concentric, double offset, and triple offset varieties. Furthermore, Neway specializes in cryogenic valves designed for extreme low-temperature applications, alongside a range of actuated on-off valves powered by electric, pneumatic, hydraulic, or hybrid electro-hydraulic and pneumatic-hydraulic systems. The company manufactures specialized valves for power generation facilities, covering both conventional and nuclear plants. Its portfolio also extends to critical components like subsea gate and ball valves, oxygen valves, safety valves, and wellhead equipment. For precise flow management, Neway delivers advanced control valves featuring designs such as concentric V-notch, erosion-resistant angle, multi-stage depressurization, single-seated, eccentric rotating, cage-guided, and bellow seal types. These vital components are utilized across a multitude of industries, including onshore and offshore oil and gas exploration and production, subsea infrastructure, liquefied natural gas (LNG) operations, gas and liquid transmission pipelines, loading/off-loading and storage terminals, refining and petrochemical complexes, general chemical processing, coal chemical industries, conventional and cutting-edge power generation, nuclear energy, mining and mineral processing, air separation, and water treatment. Established in 1997, Neway Valve (Suzhou) Co., Ltd. is headquartered in Suzhou, China.
Share Price
$5.29
Market Cap
$4.12B
Change (1 day)
-3.18%
Change (1 year)
-13.14%
Country
CN
Trade Neway Valve (Suzhou) Co., Ltd. (603699)
Category
Industrials
P/E ratio for Neway Valve (Suzhou) Co., Ltd. (603699)
P/E ratio as of October 2026 TTM: 16.06
According to Neway Valve (Suzhou) Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.06. At the end of 2024 the company had a P/E ratio of 14.48.
P/E ratio history for Neway Valve (Suzhou) Co., Ltd. from 2009 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 16.06 | -35.10% |
| 2025 | 24.75 | 70.92% |
| 2024 | 14.48 | 0.29% |
| 2023 | 14.44 | -19.06% |
| 2022 | 17.84 | -17.91% |
| 2021 | 21.73 | 22.39% |
| 2020 | 17.75 | -21.63% |
| 2019 | 22.66 | -30.72% |
| 2018 | 32.70 | -52.36% |
| 2017 | 68.64 | 17.96% |
| 2016 | 58.19 | 22.57% |
| 2015 | 47.48 | 83.17% |
| 2014 | 25.92 | -31.52% |
| 2013 | 37.85 | -37.31% |
| 2012 | 60.38 | -35.71% |
| 2011 | 93.93 | -44.44% |
| 2010 | 169.07 | 173.33% |
| 2009 | 61.85 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| 26.81 | 66.89% |
DE
|
|
| - | - |
FR
|
|
| - | - |
DE
|
|
| 33.09 | 106.00% |
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.