Wetouch Technology Inc.

Wetouch Technology Inc.verified

WETH

Price:

$1.775

Market Cap:

$21.18M

Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large sized projected capacitive touchscreens in the Peoples Republic of China, Taiwan, South Korea, and internationally. Its product portfolio comprises medium to large sized projected capacitive touchscreens, which range from 7.0 inch to 42-inch screens. The company offers Glass-Glass, which are primarily used in GPS/car entertainment panels in mid-size and luxury cars, industrial human-machine interface (HMI), financial and banking terminals, point of sale, and lottery machines; Glass-Film-Film, which are primarily used in high-end GPS and entertainment panels, industrial HMI, finan...[Read more]

Industry

Real Estate - Services

IPO Date

1994-01-31

Stock Exchange

PNK

Ticker

WETH

The PE Ratio as of November 2024 (TTM) for Wetouch Technology Inc. (WETH) is 6.57

According to Wetouch Technology Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 6.57. This represents a change of 146.15% compared to the average of 2.67 of the last 4 quarters.

Wetouch Technology Inc. (WETH) Historical PE Ratio (quarterly & annually)

How has WETH PE Ratio performed in the past?

The mean historical PE Ratio of Wetouch Technology Inc. over the last ten years is 4.24. The current 6.57 PE Ratio has changed 15.40% with respect to the historical average. Over the past ten years (40 quarters), WETH's PE Ratio was at its highest in in the March 2024 quarter at 12.65. The PE Ratio was at its lowest in in the December 2022 quarter at -30.52.

Quarterly (TTM)
Annual

Average

4.24

Median

1.34

Minimum

0.71

Maximum

10.79

Wetouch Technology Inc. (WETH) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Wetouch Technology Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 935.44%

Maximum Annual PE Ratio = 10.79

Minimum Annual Increase = -87.59%

Minimum Annual PE Ratio = 0.71

Quarterly (TTM)
Annual
YearPE RatioChange
20237.30935.44%
20220.71-47.34%
20211.34-87.59%
202010.79920.92%

Wetouch Technology Inc. (WETH) Average PE Ratio

How has WETH PE Ratio performed in the past?

The current PE Ratio of Wetouch Technology Inc. (WETH) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.12

5-year avg

4.24

10-year avg

4.24

Wetouch Technology Inc. (WETH) PE Ratio vs. Peers

How is WETH’s PE Ratio compared to its peers?

Wetouch Technology Inc.’s PE Ratio is greater than Western Capital Resources, Inc. (0), greater than Tree Island Steel Ltd. (-30.84), greater than Santeon Group, Inc. (1.43), greater than Ferrexpo plc (-5.13), less than CTPartners Executive Search Inc. (0),

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