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Daily valuation snapshot
Ridgetech, Inc. Ordinary Shares: source evidence dated 2026-10-09.
- Daily close (USD)
- $1.01
- Market capitalization (USD)
- $3,665,835.4
- Price / earnings (TTM)
- Not reported
- Price / book
- 0.09
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Company overview
Ridgetech, Inc. operates as a wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. It operates through three segments: Retail Drugstores, Online Pharmacy, and Drug Wholesale. The company engages in offline and online wholesale distribution of pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines (TCM), personal and family care products, and medical devices, as well as convenience products comprising consumable, seasonal, and promotional items. It also distributes other healthcare products, such as health food, cosmetics, and daily necessities. The company was formerly known as China Jo-Jo Drugstores, Inc. and changed its name to Ridgetech, Inc. in February 2024. Ridgetech, Inc. is headquartered in Hangzhou, China.
Daily valuation snapshot
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These values come from the daily market snapshot dated 2026-10-09. TTM means trailing twelve months. Use the market date when comparing RDGT with another company.
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| Daily close (USD) | $1.01 |
| Market capitalization (USD) | $3,665,835.4 |
| Price / earnings (TTM) | Not reported |
| Price / book | 0.09 |
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Company size
Ridgetech, Inc. Ordinary Shares's recorded market capitalization is $3,665,835.4. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
P/E compares share price with trailing annual earnings per share. For a company with losses, inspect the earnings figures directly rather than treating a negative multiple as a cheap valuation.
Price relative to book equity
RDGT's recorded price-to-book ratio is 0.09. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
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