Thermal Energy International Inc. Market Cap ($19.79 Million)
Market Cap & Net Worth: Thermal Energy International Inc. (TMG)
Thermal Energy International Inc. market cap. Thermal Energy International Inc. (V:TMG) has a market capitalization of $19.79 Million (CA$27.35 Million) as of November 5, 2026. Listed on the V stock exchange, this Canada-based company holds position #24999 globally and #954 in its home market, demonstrating a 3.23% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Thermal Energy International Inc.'s stock price CA$0.16 by its total outstanding shares 170962990 (170.96 Million). Also see Thermal Energy International Inc. cash conversion from operations for how efficiently the company converts equity into cash flow.
Thermal Energy International Inc. Market Cap History (2015–2026)
Thermal Energy International Inc. market cap history from 2015 to 2026. Data shows growth from $4.95 Million to $19.79 Million (16.36% CAGR). Check TMG live share price for real-time trading data and today's change.
Thermal Energy International Inc. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Thermal Energy International 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. Explore Thermal Energy International Inc. annual equity growth to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
0.54x
Thermal Energy International Inc.'s market cap is 0.54 times its annual revenue
Latest Price to Earnings (P/E) Ratio
219.74x
Thermal Energy International Inc.'s market cap is 219.74 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 | $11.75 Million | $12.40 Million | $253.85K | 0.95x | 46.28x |
| 2017 | $11.75 Million | $13.19 Million | $414.88K | 0.89x | 28.32x |
| 2018 | $9.28 Million | $17.41 Million | $639.00K | 0.53x | 14.52x |
| 2019 | $8.66 Million | $21.08 Million | -$424.29K | 0.41x | N/A |
| 2020 | $13.60 Million | $21.42 Million | -$1.90 Million | 0.64x | N/A |
| 2021 | $18.55 Million | $15.35 Million | $198.13K | 1.21x | 93.63x |
| 2022 | $12.37 Million | $15.91 Million | -$1.92 Million | 0.78x | N/A |
| 2023 | $29.68 Million | $21.09 Million | $717.96K | 1.41x | 41.34x |
| 2024 | $24.12 Million | $25.88 Million | $929.50K | 0.93x | 25.95x |
| 2025 | $16.08 Million | $29.78 Million | $73.17K | 0.54x | 219.74x |
Competitor Companies of TMG by Market Capitalization
Companies near Thermal Energy International Inc. in the global market cap rankings as of November 5, 2026. Also see TMG current and non-current assets for a full breakdown of the balance sheet.
Key companies related to Thermal Energy International Inc. by market ranking:
- Veralto Corporation (NYSE:VLTO): Ranked #1021 globally with a market cap of $25.81 Billion USD.
- Zurn Elkay Water Solutions Corporation (NYSE:ZWS): Ranked #2681 globally with a market cap of $7.38 Billion USD.
- KURITA WTR IND.UNSP.ADR 2 (F:KWI0): Ranked #3692 globally with a market cap of $4.52 Billion USD ( €3.87 Billion EUR).
- Fujian Longking Co Ltd (SHG:600388): Ranked #4647 globally with a market cap of $3.11 Billion USD ( CN¥21.24 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1021 | Veralto Corporation | NYSE:VLTO | $25.81 Billion | $116.32 |
| #2681 | Zurn Elkay Water Solutions Corporation | NYSE:ZWS | $7.38 Billion | $44.12 |
| #3692 | KURITA WTR IND.UNSP.ADR 2 | F:KWI0 | $4.52 Billion | €83.00 |
| #4647 | Fujian Longking Co Ltd | SHG:600388 | $3.11 Billion | CN¥16.72 |
Market Capitalization of Thermal Energy International Inc. (2015–2026)
Market capitalization of Thermal Energy International Inc. from 2015 to today. Between 2015 and today, Thermal Energy International Inc.'s market cap moved from $4.95 Million to $ 19.79 Million, with a yearly change of 16.36%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$19.79 Million | +23.08% |
| 2025 | CA$16.08 Million | -33.33% |
| 2024 | CA$24.12 Million | -18.75% |
| 2023 | CA$29.68 Million | +140.00% |
| 2022 | CA$12.37 Million | -33.33% |
| 2021 | CA$18.55 Million | +36.36% |
| 2020 | CA$13.60 Million | +57.14% |
| 2019 | CA$8.66 Million | -6.67% |
| 2018 | CA$9.28 Million | -21.05% |
| 2017 | CA$11.75 Million | 0.00% |
| 2016 | CA$11.75 Million | +137.50% |
| 2015 | CA$4.95 Million | -- |
End of Day Market Cap According to Different Sources
On Nov 4th, 2026 the market cap of Thermal Energy International Inc. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $19.79 Million USD |
| MoneyControl | $19.79 Million USD |
| MarketWatch | $19.79 Million USD |
| marketcap.company | $19.79 Million USD |
| Reuters | $19.79 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Thermal Energy International Inc.
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. The company offers GEM steam traps; FLUACE-ACE heat recovery, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; and DRY-REX b… Read more