Jiangsu Changbao Steeltube Co Ltd (SHE:002478) — Market Cap & Net Worth
Market Cap & Net Worth: Jiangsu Changbao Steeltube Co Ltd (002478)
Jiangsu Changbao Steeltube Co Ltd (SHE:002478) has a market capitalization of $858.12 Million (CN¥5.86 Billion) as of September 16, 2026. Listed on the SHE stock exchange, this China-based company holds position #9563 globally and #2410 in its home market, demonstrating a -5.10% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Jiangsu Changbao Steeltube Co Ltd's stock price CN¥6.51 by its total outstanding shares 900804228 (900.80 Million). Also see Jiangsu Changbao Steeltube Co Ltd (002478) total assets for a full breakdown of the balance sheet.
Jiangsu Changbao Steeltube Co Ltd Market Cap History: 2015 to 2026
Jiangsu Changbao Steeltube Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $716.67 Million to $858.12 Million (2.79% CAGR). Also see cash flow conversion of Jiangsu Changbao Steeltube Co Ltd for how efficiently the company converts equity into cash flow.
Jiangsu Changbao Steeltube Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Jiangsu Changbao Steeltube Co Ltd'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. Check Jiangsu Changbao Steeltube Co Ltd share price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.19x
Jiangsu Changbao Steeltube Co Ltd's market cap is 0.19 times its annual revenue
Latest Price to Earnings (P/E) Ratio
2.32x
Jiangsu Changbao Steeltube Co Ltd's market cap is 2.32 times its annual earnings
What 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 |
|---|---|---|---|---|---|
| 2016 | $673.22 Million | $2.21 Billion | $109.70 Million | 0.31x | 6.14x |
| 2017 | $597.61 Million | $3.49 Billion | $143.68 Million | 0.17x | 4.16x |
| 2018 | $515.95 Million | $5.38 Billion | $480.26 Million | 0.10x | 1.07x |
| 2019 | $676.68 Million | $5.29 Billion | $601.16 Million | 0.13x | 1.13x |
| 2020 | $514.24 Million | $3.94 Billion | $123.65 Million | 0.13x | 4.16x |
| 2021 | $519.46 Million | $4.23 Billion | $135.83 Million | 0.12x | 3.82x |
| 2022 | $688.32 Million | $6.22 Billion | $471.03 Million | 0.11x | 1.46x |
| 2023 | $684.76 Million | $6.66 Billion | $783.03 Million | 0.10x | 0.87x |
| 2024 | $697.31 Million | $5.70 Billion | $634.22 Million | 0.12x | 1.10x |
| 2025 | $1.12 Billion | $5.89 Billion | $482.27 Million | 0.19x | 2.32x |
Competitor Companies of 002478 by Market Capitalization
Companies near Jiangsu Changbao Steeltube Co Ltd in the global market cap rankings as of September 16, 2026. Review 002478 intangible-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Jiangsu Changbao Steeltube Co Ltd by market ranking:
- ArcelorMittal SA (AS:MT): Ranked #560 globally with a market cap of $48.06 Billion USD ( €41.11 Billion EUR).
- ArcelorMittal SA ADR (NYSE:MT): Ranked #605 globally with a market cap of $45.32 Billion USD.
- ArcelorMittal SA (XETRA:ARRD): Ranked #686 globally with a market cap of $39.90 Billion USD ( €34.13 Billion EUR).
- ArcelorMittal SA (MC:MTS): Ranked #688 globally with a market cap of $39.75 Billion USD ( €34.00 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #560 | ArcelorMittal SA | AS:MT | $48.06 Billion | €63.24 |
| #605 | ArcelorMittal SA ADR | NYSE:MT | $45.32 Billion | $59.54 |
| #686 | ArcelorMittal SA | XETRA:ARRD | $39.90 Billion | €60.56 |
| #688 | ArcelorMittal SA | MC:MTS | $39.75 Billion | €63.26 |
Jiangsu Changbao Steeltube Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Jiangsu Changbao Steeltube Co Ltd's market cap moved from $716.67 Million to $ 858.12 Million, with a yearly change of 2.79%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥858.12 Million | -23.14% |
| 2025 | CN¥1.12 Billion | +60.11% |
| 2024 | CN¥697.31 Million | +1.83% |
| 2023 | CN¥684.76 Million | -0.52% |
| 2022 | CN¥688.32 Million | +32.51% |
| 2021 | CN¥519.46 Million | +1.02% |
| 2020 | CN¥514.24 Million | -24.01% |
| 2019 | CN¥676.68 Million | +31.15% |
| 2018 | CN¥515.95 Million | -13.66% |
| 2017 | CN¥597.61 Million | -11.23% |
| 2016 | CN¥673.22 Million | -6.06% |
| 2015 | CN¥716.67 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of Jiangsu Changbao Steeltube Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $858.12 Million USD |
| MoneyControl | $858.12 Million USD |
| MarketWatch | $858.12 Million USD |
| marketcap.company | $858.12 Million USD |
| Reuters | $858.12 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Jiangsu Changbao Steeltube Co Ltd
Jiangsu Changbao Steeltube Co.,Ltd manufactures and sells steel tubes in the People's Republic of China and internationally. The company offers connection tubing and casings, coupling stocks, perforation gun carrier pipes, petroleum tool pipes, drill and green pipes, and slotted pipes; boiler tubes, water heater, boilers, and U bended tubes; steel tubes for auto industry comprising automobile pre… Read more