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SHSE:600032's EV-to-EBIT is ranked worse than 72.46% of 345
companies
in the Utilities - Independent Power Producers industry
Industry Median: 18.1
vs SHSE:600032: 31.07
Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Zhejiang Provincial New Energy Investment Group Co's Enterprise Value for the quarter that ended in Mar. 2026 was ¥62,047 Mil.
Zhejiang Provincial New Energy Investment Group Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,764 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zhejiang Provincial New Energy Investment Group Co EV-to-EBIT Related Terms
Zhejiang Provincial New Energy Investment Group Co EV-to-EBIT Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zhejiang Provincial New Energy Investment Group Co EV-to-EBIT Chart
Zhejiang Provincial New Energy Investment Group Co Annual Data
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Zhejiang Provincial New Energy Investment Group Co EV-to-EBIT vs Utilities - Independent Power Producers Industry
Zhejiang Provincial New Energy Investment Group Co's current Enterprise Value is ¥54,809 Mil.
Zhejiang Provincial New Energy Investment Group Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,764 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) has a EV-to-EBIT of 31.07 as of Aug. 20, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Zhejiang Provincial New Energy Investment Group Co and its competitors. This is 16% above median its historical median of 26.85. Over the past decade, Zhejiang Provincial New Energy Investment Group Co's EV-to-EBIT has ranged from 18.99 to 43.18. According to the industry distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #250 out of 345 companies in the Utilities - Independent Power Producers industry, placing it in the top 72.5%.
Is Zhejiang Provincial New Energy Investment Group Co's EV-to-EBIT too high?
Zhejiang Provincial New Energy Investment Group Co's current EV-to-EBIT of 31.07 is 16% above median its 10-year median of 26.85. Over the past 10 years, this metric has ranged from a low of 18.99 to a high of 43.18. The Utilities - Independent Power Producers industry median EV-to-EBIT is 18.10. Zhejiang Provincial New Energy Investment Group Co's value of 31.07 is 71.7% above this industry median. Based on the distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #250 out of 345 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Zhejiang Provincial New Energy Investment Group Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Provincial New Energy Investment Group Co's EV-to-EBIT compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #250 out of 345 companies for EV-to-EBIT. This places Zhejiang Provincial New Energy Investment Group Co in the lower half of its industry. The industry median EV-to-EBIT is 18.10. Zhejiang Provincial New Energy Investment Group Co's value of 31.07 is 71.7% above this benchmark. Historically, Zhejiang Provincial New Energy Investment Group Co's own EV-to-EBIT has ranged from 18.99 to 43.18 over the past decade. While the company's 10-year median is 26.85 vs. the industry median of 18.10, Zhejiang Provincial New Energy Investment Group Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Utilities - Independent Power Producers company?
The median EV-to-EBIT among Utilities - Independent Power Producers companies is 18.10, based on 345 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Provincial New Energy Investment Group Co's current EV-to-EBIT of 31.07 is 71.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Zhejiang Provincial New Energy Investment Group Co and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-EBIT is 18.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Provincial New Energy Investment Group Co's current EV-to-EBIT is 31.07, which is 16% above median its own 10-year median of 26.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Provincial New Energy Investment Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.49, compared to a current price of ¥6.78 — trading 9.5% below its estimated fair value. The current EV-to-EBIT is 31.07, which is 16% above median its 10-year median of 26.85 and 71.7% above the Utilities - Independent Power Producers industry median of 18.10. Zhejiang Provincial New Energy Investment Group Co's overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Zhejiang Provincial New Energy Investment Group Co (SHSE:600032), the current EV-to-EBIT is 31.07 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Provincial New Energy Investment Group Co stock appears to be undervalued.
The current stock price of ¥6.78 is trading 9.5% below its estimated GF Value™ of ¥7.49.
GuruFocus considers Zhejiang Provincial New Energy Investment Group Co to be Fairly Valued.
Key valuation signals for SHSE:600032:
EV-to-EBIT: 31.07 (16% above median its 10-year median of 26.85)
GF Value™: ¥7.49 vs. price of ¥6.78 (9.5% below fair value)
Industry Position: 71.7% above the Utilities - Independent Power Producers median (#250 of 345)
No single metric tells the full story. See the SHSE:600032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Provincial New Energy Investment Group Co Ltd is engaged in the investment, development, construction and operation management of renewable energy projects such as hydropower, photovoltaic power generation, and wind power generation.
77GF Score
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