Promise Technology Inc
Promise Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and media markets in Taiwan and internationally. It offers VTrak storage appliances for multi-user collaboration to ingest, edit, stream, and process media; and Vess storage appliances for IP video surveillance installations. The company also provides Pegasus, a solution for the storage industry; and SAN… Read more
Market Cap & Net Worth: Promise Technology Inc (3057)
Promise Technology Inc (TW:3057) has a market capitalization of $27.62 Million (NT$913.93 Million) as of March 18, 2026. Listed on the TW stock exchange, this Taiwan-based company holds position #24904 globally and #1530 in its home market, demonstrating a -2.88% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Promise Technology Inc's stock price NT$15.15 by its total outstanding shares 60325729 (60.33 Million).
Promise Technology Inc Market Cap History: 2015 to 2026
Promise Technology Inc's market capitalization history from 2015 to 2026. Data shows change from $66.01 Million to $27.62 Million (-7.77% CAGR).
Promise Technology Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Promise 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
0.04x
Promise Technology Inc's market cap is 0.04 times its annual revenue
0.38x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero 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 |
|---|---|---|---|---|---|
| 2015 | $66.01 Million | $2.99 Billion | $77.60 Million | 0.02x | 0.85x |
| 2016 | $54.85 Million | $2.67 Billion | -$327.50 Million | 0.02x | N/A |
| 2017 | $38.60 Million | $1.83 Billion | -$601.21 Million | 0.02x | N/A |
| 2018 | $28.09 Million | $1.83 Billion | -$64.00 Million | 0.02x | N/A |
| 2019 | $26.48 Million | $1.25 Billion | -$326.97 Million | 0.02x | N/A |
| 2020 | $21.33 Million | $963.40 Million | -$58.49 Million | 0.02x | N/A |
| 2021 | $27.17 Million | $948.60 Million | $444.00K | 0.03x | 61.19x |
| 2022 | $18.20 Million | $890.13 Million | $2.89 Million | 0.02x | 6.30x |
| 2023 | $23.43 Million | $584.52 Million | -$143.20 Million | 0.04x | N/A |
| 2024 | $20.69 Million | $573.19 Million | -$152.15 Million | 0.04x | N/A |
Competitor Companies of 3057 by Market Capitalization
Companies near Promise Technology Inc in the global market cap rankings as of March 18, 2026.
Key companies related to Promise Technology Inc by market ranking:
- Arista Networks (NYSE:ANET): Ranked #134 globally with a market cap of $138.43 Billion USD.
- Western Digital Corporation (NASDAQ:WDC): Ranked #209 globally with a market cap of $96.27 Billion USD.
- Sandisk Corp (NASDAQ:SNDK): Ranked #219 globally with a market cap of $92.46 Billion USD.
- Seagate Technology PLC (NASDAQ:STX): Ranked #220 globally with a market cap of $91.52 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #134 | Arista Networks | NYSE:ANET | $138.43 Billion | $133.07 |
| #209 | Western Digital Corporation | NASDAQ:WDC | $96.27 Billion | $313.81 |
| #219 | Sandisk Corp | NASDAQ:SNDK | $92.46 Billion | $720.17 |
| #220 | Seagate Technology PLC | NASDAQ:STX | $91.52 Billion | $421.09 |
Promise Technology Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Promise Technology Inc's market cap moved from $66.01 Million to $ 27.62 Million, with a yearly change of -7.77%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | NT$27.62 Million | -27.68% |
| 2025 | NT$38.20 Million | +84.58% |
| 2024 | NT$20.69 Million | -11.67% |
| 2023 | NT$23.43 Million | +28.76% |
| 2022 | NT$18.20 Million | -33.02% |
| 2021 | NT$27.17 Million | +27.35% |
| 2020 | NT$21.33 Million | -19.44% |
| 2019 | NT$26.48 Million | -5.72% |
| 2018 | NT$28.09 Million | -27.24% |
| 2017 | NT$38.60 Million | -29.62% |
| 2016 | NT$54.85 Million | -16.90% |
| 2015 | NT$66.01 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Promise Technology Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $27.62 Million USD |
| MoneyControl | $27.62 Million USD |
| MarketWatch | $27.62 Million USD |
| marketcap.company | $27.62 Million USD |
| Reuters | $27.62 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.