Current and historical daily PE Ratio for China Gerui Advanced Materials Group Ltd (
) from 1990 to Jun 19 2024. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. China Gerui Advanced Materials Group stock (FRA:G60A) PE ratio as of Jun 19 2024 is 0.
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China Gerui Advanced Materials Group Ltd (FRA:G60A) PE Ratio (TTM) Chart
China Gerui Advanced Materials Group Ltd (FRA:G60A) PE Ratio (TTM) Historical Data
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China Gerui Advanced Materials Group Ltd (FRA:G60A) PE Ratio (TTM) Comparison
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Business Description
Business Description
China Gerui Advanced Materials Group Ltd
NAICS : 331110
SIC : 3312
ISIN : VGG211011371
Description
China Gerui Advanced Materials Group Ltd is a China-based steel processor company. It manufactures high precision cold-rolled narrow strip steel products and converts steel manufactured into thin steel sheets and strips. It mainly produces ultra-thin, high-strength cold-rolled steel products and chromium plates. The company sells its products to domestic Chinese customers who primarily operate in the food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries.