Raytron Technology Co.,Ltd.
688002
Rank in Stocks
#1941
Founded in 2009 and based in Yantai, China, Raytron Technology Co.,Ltd. is... Founded in 2009 and based in Yantai, China, Raytron Technology Co.,Ltd. is dedicated to the research and development of uncooled infrared imaging and MEMS sensor technologies. The company's diverse offerings include products like driving assistance systems, advanced infrared imaging devices, and vacuum packaging solutions. They also provide specialized design services for MEMS sensors, Application-Specific Integrated Circuits (ASICs), analog components, and hybrid intellectual property. These innovations are crucial for a wide array of applications, such as night vision, precise thermal measurement, intelligent surveillance, unmanned aerial vehicle (UAV) payloads, autonomous driving, the Internet of Things (IoT), artificial intelligence (AI), and machine vision.
Share Price
$23.32
Market Cap
$10.86B
Change (1 day)
2.00%
Change (1 year)
117.16%
Country
CN
Trade Raytron Technology Co.,Ltd. (688002)
Category
Technology
P/E ratio for Raytron Technology Co.,Ltd. (688002)
P/E ratio as of October 2026 TTM: 37.73
According to Raytron Technology Co.,Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.73. At the end of 2023 the company had a P/E ratio of 39.84.
P/E ratio history for Raytron Technology Co.,Ltd. from 2016 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 37.73 | 2.72% |
| 2024 | 36.73 | -7.81% |
| 2023 | 39.84 | -24.70% |
| 2022 | 52.90 | -30.22% |
| 2021 | 75.81 | -10.33% |
| 2020 | 84.55 | 0.80% |
| 2019 | 83.88 | -37.76% |
| 2018 | 134.77 | -37.56% |
| 2017 | 215.82 | -83.71% |
| 2016 | 1.32K | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 39.38 | 4.36% |
US
|
|
| - | - |
JP
|
|
| 51.88 | 37.50% |
TW
|
|
| 63.76 | 68.99% |
US
|
|
| 15.75 | -58.27% |
TW
|
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.