Xi'an Bright Laser Technologies Co.,Ltd.
688333
Rank in Stocks
#4533
Xi'an Bright Laser Technologies Co.,Ltd. delivers comprehensive solutions for... Xi'an Bright Laser Technologies Co.,Ltd. delivers comprehensive solutions for metal additive manufacturing and restoration. Its extensive range of offerings includes bespoke products, specialized equipment, fundamental raw materials, proprietary software, along with advanced 3D printing and various other technical services. The company's services benefit a wide spectrum of industries, notably aerospace, national security, energy production, medicine, tooling, and the automotive sector. Established in 2011, its principal operations are located in Xi'an, People's Republic of China.
Share Price
$12.16
Market Cap
$3.34B
Change (1 day)
-4.48%
Change (1 year)
26.97%
Country
CN
Trade Xi'an Bright Laser Technologies Co.,Ltd. (688333)
Category
Industrials
P/E ratio for Xi'an Bright Laser Technologies Co.,Ltd. (688333)
P/E ratio as of October 2026 TTM: 119.19
According to Xi'an Bright Laser Technologies Co.,Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 119.19. At the end of 2024 the company had a P/E ratio of 103.27.
P/E ratio history for Xi'an Bright Laser Technologies Co.,Ltd. from 2016 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 119.19 | -19.84% |
| 2025 | 148.68 | 43.97% |
| 2024 | 103.27 | -12.95% |
| 2023 | 118.63 | -43.49% |
| 2022 | 209.95 | -166.02% |
| 2021 | -317.98 | -325.96% |
| 2020 | 140.73 | 177.82% |
| 2019 | 50.65 | -25.19% |
| 2018 | 67.71 | -40.01% |
| 2017 | 112.86 | 0.00% |
| 2016 | 112.86 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| 26.81 | -77.51% |
DE
|
|
| - | - |
FR
|
|
| 40.86 | -65.72% |
DE
|
|
| 33.09 | -72.24% |
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.