iRay Technology Co Ltd (SHG:688301) — Market Cap & Net Worth
Market Cap & Net Worth: iRay Technology Co Ltd (688301)
iRay Technology Co Ltd (SHG:688301) has a market capitalization of $3.56 Billion (CN¥24.33 Billion) as of May 7, 2026. Listed on the SHG stock exchange, this China-based company holds position #4487 globally and #811 in its home market, demonstrating a -2.07% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying iRay Technology Co Ltd's stock price CN¥115.05 by its total outstanding shares 211449139 (211.45 Million). Analyse cash flow conversion of iRay Technology Co Ltd to see how efficiently the company converts income to cash.
iRay Technology Co Ltd Market Cap History: 2020 to 2026
iRay Technology Co Ltd's market capitalization history from 2020 to 2026. Data shows growth from $2.62 Billion to $3.56 Billion (6.94% CAGR).
iRay Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how iRay Technology 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.
Latest Price to Sales (P/S) Ratio
1.61x
iRay Technology Co Ltd's market cap is 1.61 times its annual revenue
Latest Price to Earnings (P/E) Ratio
6.36x
iRay Technology Co Ltd's market cap is 6.36 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 |
|---|---|---|---|---|---|
| 2020 | $2.62 Billion | $784.08 Million | $222.25 Million | 3.34x | 11.77x |
| 2021 | $7.60 Billion | $1.19 Billion | $484.04 Million | 6.40x | 15.69x |
| 2022 | $7.04 Billion | $1.55 Billion | $641.30 Million | 4.55x | 10.98x |
| 2023 | $7.08 Billion | $1.86 Billion | $607.50 Million | 3.80x | 11.66x |
| 2024 | $2.96 Billion | $1.83 Billion | $465.18 Million | 1.61x | 6.36x |
Competitor Companies of 688301 by Market Capitalization
Companies near iRay Technology Co Ltd in the global market cap rankings as of May 7, 2026.
Key companies related to iRay Technology Co Ltd by market ranking:
- Intuitive Surgical Inc (NASDAQ:ISRG): Ranked #137 globally with a market cap of $160.42 Billion USD.
- EssilorLuxottica S. A. (PA:EL): Ranked #259 globally with a market cap of $95.66 Billion USD ( €81.82 Billion EUR).
- ESSILORLUXOTTICA 1/2/O.N. (F:ESLC): Ranked #274 globally with a market cap of $93.24 Billion USD ( €79.76 Billion EUR).
- HOYA CORP. ADR/ 1 O.N. (F:HYB0): Ranked #527 globally with a market cap of $50.37 Billion USD ( €43.09 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #137 | Intuitive Surgical Inc | NASDAQ:ISRG | $160.42 Billion | $451.73 |
| #259 | EssilorLuxottica S. A. | PA:EL | $95.66 Billion | €176.70 |
| #274 | ESSILORLUXOTTICA 1/2/O.N. | F:ESLC | $93.24 Billion | €89.50 |
| #527 | HOYA CORP. ADR/ 1 O.N. | F:HYB0 | $50.37 Billion | €150.00 |
iRay Technology Co Ltd Historical Marketcap From 2020 to 2026
Between 2020 and today, iRay Technology Co Ltd's market cap moved from $2.62 Billion to $ 3.56 Billion, with a yearly change of 6.94%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥3.56 Billion | +13.79% |
| 2025 | CN¥3.13 Billion | +5.80% |
| 2024 | CN¥2.96 Billion | -58.25% |
| 2023 | CN¥7.08 Billion | +0.58% |
| 2022 | CN¥7.04 Billion | -7.28% |
| 2021 | CN¥7.60 Billion | +190.32% |
| 2020 | CN¥2.62 Billion | -- |
End of Day Market Cap According to Different Sources
On May 7th, 2026 the market cap of iRay Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.56 Billion USD |
| MoneyControl | $3.56 Billion USD |
| MarketWatch | $3.56 Billion USD |
| marketcap.company | $3.56 Billion USD |
| Reuters | $3.56 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About iRay Technology Co Ltd
iRay Group, together with its subsidiaries, researches, develops, produces, sells, and services x-ray system components for use in medical, dental, oncology, veterinary, security, and nondestructive testing applications in China and internationally. The company offers wireless and tethered radiography, mammography, and dynamic/real-time detectors; linear detector arrays; X-ray and micro focus X-r… Read more