RLX Technology Inc
RLX Technology Inc., through its subsidiaries, develops, manufactures, and sells e-vapor products in the People's Republic of China and internationally. It serves the product through offline distributors. The company was founded in 2018 and is headquartered in Shenzhen, the People's Republic of China.
Market Cap & Net Worth: RLX Technology Inc (RLX)
RLX Technology Inc (NYSE:RLX) has a market capitalization of $2.07 Billion ($2.07 Billion) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #7222 globally and #3886 in its home market, demonstrating a 1.33% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying RLX Technology Inc's stock price $2.28 by its total outstanding shares 909728619 (909.73 Million).
RLX Technology Inc Market Cap History: 2021 to 2026
RLX Technology Inc's market capitalization history from 2021 to 2026. Data shows change from $3.53 Billion to $2.07 Billion (-39.14% CAGR).
RLX Technology Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how RLX Technology Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.80x
RLX Technology Inc's market cap is 0.80 times its annual revenue
0.13x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
3.56x
RLX Technology Inc's market cap is 3.56 times its annual earnings
2.89x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $3.53 Billion | $8.52 Billion | $2.02 Billion | 0.41x | 1.74x |
| 2022 | $2.08 Billion | $5.33 Billion | $1.44 Billion | 0.39x | 1.45x |
| 2023 | $1.82 Billion | $1.24 Billion | $534.33 Million | 1.46x | 3.41x |
| 2024 | $1.97 Billion | $2.44 Billion | $551.84 Million | 0.80x | 3.56x |
Competitor Companies of RLX by Market Capitalization
Companies near RLX Technology Inc in the global market cap rankings as of March 18, 2026.
Key companies related to RLX Technology Inc by market ranking:
- Philip Morris International Inc (NYSE:PM): Ranked #52 globally with a market cap of $271.38 Billion USD.
- British American Tobacco p.l.c. (NYSE:BTI): Ranked #149 globally with a market cap of $124.44 Billion USD.
- Altria Group (NYSE:MO): Ranked #170 globally with a market cap of $112.89 Billion USD.
- ITC Limited (NSE:ITC): Ranked #630 globally with a market cap of $32.92 Billion USD ( ₹2.85 Trillion INR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #52 | Philip Morris International Inc | NYSE:PM | $271.38 Billion | $174.78 |
| #149 | British American Tobacco p.l.c. | NYSE:BTI | $124.44 Billion | $60.94 |
| #170 | Altria Group | NYSE:MO | $112.89 Billion | $67.53 |
| #630 | ITC Limited | NSE:ITC | $32.92 Billion | ₹301.45 |
RLX Technology Inc Historical Marketcap From 2021 to 2026
Between 2021 and today, RLX Technology Inc's market cap moved from $3.53 Billion to $ 2.07 Billion, with a yearly change of -39.14%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $2.07 Billion | -2.15% |
| 2025 | $2.12 Billion | +7.87% |
| 2024 | $1.97 Billion | +8.00% |
| 2023 | $1.82 Billion | -12.65% |
| 2022 | $2.08 Billion | -41.03% |
| 2021 | $3.53 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of RLX Technology Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.07 Billion USD |
| MoneyControl | $2.07 Billion USD |
| MarketWatch | $2.07 Billion USD |
| marketcap.company | $2.07 Billion USD |
| Reuters | $2.07 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.