Gree Electric Appliances Inc of Zhuhai
SZSE:000651
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/E
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Valuation Scenarios
If P/E returns to its 3-Year Average (7.6), the stock would be worth ¥42.77 (7% upside from current price).
| Scenario | P/E Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 7.1 | ¥40.05 |
0%
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| 3-Year Average | 7.6 | ¥42.77 |
+7%
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| 5-Year Average | 7.6 | ¥42.79 |
+7%
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| Industry Average | 22.4 | ¥126.55 |
+216%
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| Country Average | 29.6 | ¥167.58 |
+318%
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Forward P/E
Today’s price vs future net income
| Today's Market Cap | Net Income | Forward P/E | ||
|---|---|---|---|---|
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¥215.8B
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/ |
Oct 2025
¥31.7B
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= |
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¥215.8B
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/ |
Dec 2025
¥31.1B
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= |
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¥215.8B
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/ |
Dec 2026
¥31.3B
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= |
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¥215.8B
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/ |
Dec 2027
¥32.8B
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= |
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¥215.8B
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/ |
Dec 2028
¥24.7B
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= |
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¥215.8B
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/ |
Dec 2029
¥24.3B
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= |
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Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.
Peer Comparison
| Market Cap | P/E | ||||
|---|---|---|---|---|---|
| CN |
|
Gree Electric Appliances Inc of Zhuhai
SZSE:000651
|
224.3B CNY | 7.1 | |
| JP |
|
Fujitsu General Ltd
TSE:6755
|
4 282 616.6T JPY | -3 733 754 630.9 | |
| CN |
|
Midea Group Co Ltd
SZSE:000333
|
616.1B CNY | 14.1 | |
| CN |
|
Haier Smart Home Co Ltd
SSE:600690
|
201.9B CNY | 10.3 | |
| US |
S
|
Sharkninja Inc
NYSE:SN
|
16.3B USD | 23.2 | |
| IN |
|
LG Electronics India Ltd
NSE:LGEINDIA
|
1.1T INR | 109 | |
| CN |
H
|
Hangzhou Greatstar Industrial Co Ltd
SZSE:002444
|
40.8B CNY | 16.2 | |
| IT |
|
De' Longhi SpA
MIL:DLG
|
4.9B EUR | 15.4 | |
| CN |
|
Zhejiang Supor Co Ltd
SZSE:002032
|
37.8B CNY | 18 | |
| CN |
E
|
Ecovacs Robotics Co Ltd
SSE:603486
|
37.7B CNY | 22.3 | |
| CN |
|
Hisense Home Appliances Group Co Ltd
SZSE:000921
|
33.3B CNY | 10.4 |
Market Distribution
| Min | 0 |
| 30th Percentile | 17.1 |
| Median | 29.6 |
| 70th Percentile | 57.7 |
| Max | 43 569.3 |
Other Multiples
Gree Electric Appliances Inc of Zhuhai
Glance View
In the heart of China's vibrant manufacturing sector, Gree Electric Appliances Inc., headquartered in Zhuhai, has carved an extraordinary narrative of industrial growth and ingenuity. Established in 1991, the company began its journey as a humble manufacturer of residential air conditioners. Over the years, Gree has transcended its foundational roots to become a global titan, adeptly navigating the complexities of international markets while maintaining its reputation for innovation and quality. The company's core proficiency lies in its vast production capabilities and commitment to technological advancement, ensuring it consistently meets the evolving demands of consumer and commercial markets. Gree's vertically integrated model entails controlling every aspect of its supply chain—from research and development to manufacturing and sales—placing it in a formidable position to optimize costs and elevate product excellence. As Gree expanded its horizons, the pursuit of diversification became intrinsic to its business model. Today, the company engages in a broader spectrum of the appliance industry, encompassing air conditioning, home appliances, smart equipment, industrial technology, and even forays into renewable energy. A significant portion of Gree's revenue is driven by its international sales, underpinned by a vast distribution network and strategic partnerships worldwide. The company capitalizes on its robust R&D capabilities to sustain a competitive edge, driving innovations in energy efficiency and smart home technology. This relentless focus not only enhances its product offerings but also fortifies its market presence in a rapidly evolving global landscape. The symbiotic relationship between its expansive product range and deep-rooted commitment to quality continues to propel Gree Electric Appliances as a stalwart in the industry, synonymous with reliability and technological prowess.