Jiangsu Changbao Steeltube Co Ltd Market Cap ($685.44 Million)
Market Cap & Net Worth: Jiangsu Changbao Steeltube Co Ltd (002478)
Jiangsu Changbao Steeltube Co Ltd market cap. Jiangsu Changbao Steeltube Co Ltd (SHE:002478) has a market capitalization of $685.44 Million (CN¥4.68 Billion) as of November 1, 2026. Listed on the SHE stock exchange, this China-based company holds position #10305 globally and #2652 in its home market, demonstrating a -11.56% 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¥5.20 by its total outstanding shares 900804228 (900.80 Million). Also see 002478 operating cash flow for how efficiently the company converts equity into cash flow.
Jiangsu Changbao Steeltube Co Ltd Market Cap History (2015–2026)
Jiangsu Changbao Steeltube Co Ltd market cap history from 2015 to 2026. Data shows growth from $716.67 Million to $685.44 Million (0.68% CAGR). Check today's stock price for Jiangsu Changbao Steeltube Co Ltd for real-time trading data and today's change.
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. Explore net asset growth rate of Jiangsu Changbao Steeltube Co Ltd to track how rapidly the company is growing its equity base year over year.
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 November 1, 2026. Also see total assets of Jiangsu Changbao Steeltube Co Ltd for a full breakdown of the balance sheet.
Key companies related to Jiangsu Changbao Steeltube Co Ltd by market ranking:
- ArcelorMittal SA (AS:MT): Ranked #565 globally with a market cap of $47.25 Billion USD ( €40.42 Billion EUR).
- ArcelorMittal SA ADR (NYSE:MT): Ranked #592 globally with a market cap of $45.32 Billion USD.
- ArcelorMittal SA (XETRA:ARRD): Ranked #665 globally with a market cap of $39.90 Billion USD ( €34.13 Billion EUR).
- ArcelorMittal SA (MC:MTS): Ranked #670 globally with a market cap of $39.75 Billion USD ( €34.00 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #565 | ArcelorMittal SA | AS:MT | $47.25 Billion | €53.60 |
| #592 | ArcelorMittal SA ADR | NYSE:MT | $45.32 Billion | $59.54 |
| #665 | ArcelorMittal SA | XETRA:ARRD | $39.90 Billion | €60.56 |
| #670 | ArcelorMittal SA | MC:MTS | $39.75 Billion | €53.58 |
Market Capitalization of Jiangsu Changbao Steeltube Co Ltd (2015–2026)
Market capitalization of Jiangsu Changbao Steeltube Co Ltd from 2015 to today. Between 2015 and today, Jiangsu Changbao Steeltube Co Ltd's market cap moved from $716.67 Million to $ 685.44 Million, with a yearly change of 0.68%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥685.44 Million | -38.61% |
| 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 Oct 31st, 2026 the market cap of Jiangsu Changbao Steeltube Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $685.44 Million USD |
| MoneyControl | $685.44 Million USD |
| MarketWatch | $685.44 Million USD |
| marketcap.company | $685.44 Million USD |
| Reuters | $685.44 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