Chongqing Wangbian Electric (Group) Corp. Ltd.
Chongqing Wangbian Electric (Group) Corp., Ltd. engages in the research and development, production, and sale of power transmission and distribution and control equipment, and oriented silicon steel products in China. It offers power transformers, box-type substations, and sets of electrical equipment for use in agriculture, industry, and commerce, as well as residential electricity applications,… Read more
Market Cap & Net Worth: Chongqing Wangbian Electric (Group) Corp. Ltd. (603191)
Chongqing Wangbian Electric (Group) Corp. Ltd. (SHG:603191) has a market capitalization of $1.14 Billion (CN¥8.36 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #9005 globally and #1791 in its home market, demonstrating a -5.59% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Chongqing Wangbian Electric (Group) Corp. Ltd.'s stock price CN¥25.15 by its total outstanding shares 332353407 (332.35 Million).
Chongqing Wangbian Electric (Group) Corp. Ltd. Market Cap History: 2022 to 2026
Chongqing Wangbian Electric (Group) Corp. Ltd.'s market capitalization history from 2022 to 2026. Data shows growth from $986.94 Million to $1.14 Billion (11.06% CAGR).
Chongqing Wangbian Electric (Group) Corp. Ltd. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Chongqing Wangbian Electric (Group) Corp. 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.
Latest Price to Sales (P/S) Ratio
0.17x
Chongqing Wangbian Electric (Group) Corp. Ltd.'s market cap is 0.17 times its annual revenue
0.28x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
8.75x
Chongqing Wangbian Electric (Group) Corp. Ltd.'s market cap is 8.75 times its annual earnings
1.62x
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 |
|---|---|---|---|---|---|
| 2022 | $986.94 Million | $2.53 Billion | $298.11 Million | 0.39x | 3.31x |
| 2023 | $696.19 Million | $2.72 Billion | $234.59 Million | 0.26x | 2.97x |
| 2024 | $570.29 Million | $3.35 Billion | $65.17 Million | 0.17x | 8.75x |
Competitor Companies of 603191 by Market Capitalization
Companies near Chongqing Wangbian Electric (Group) Corp. Ltd. in the global market cap rankings as of March 18, 2026.
Key companies related to Chongqing Wangbian Electric (Group) Corp. Ltd. by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #157 globally with a market cap of $118.93 Billion USD ( CN¥872.65 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #225 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #242 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #371 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #157 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $118.93 Billion | CN¥405.00 |
| #225 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $268.41 |
| #242 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #371 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €232.00 |
Chongqing Wangbian Electric (Group) Corp. Ltd. Historical Marketcap From 2022 to 2026
Between 2022 and today, Chongqing Wangbian Electric (Group) Corp. Ltd.'s market cap moved from $986.94 Million to $ 1.14 Billion, with a yearly change of 11.06%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.14 Billion | +69.82% |
| 2025 | CN¥670.85 Million | +17.63% |
| 2024 | CN¥570.29 Million | -18.09% |
| 2023 | CN¥696.19 Million | -29.46% |
| 2022 | CN¥986.94 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Chongqing Wangbian Electric (Group) Corp. Ltd. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.14 Billion USD |
| MoneyControl | $1.14 Billion USD |
| MarketWatch | $1.14 Billion USD |
| marketcap.company | $1.14 Billion USD |
| Reuters | $1.14 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.