Altius Renewable Royalties Corp.

Altius Renewable Royalties Corp.verified

ARR.TO

Price:

$11.79

Market Cap:

$267.71M

Altius Renewable Royalties Corp., a renewable energy royalty company, engages in the acquisition and management of renewable energy investments and royalties in North America. It also provides tailored financing solutions to the renewable power sector. The company holds interests in a portfolio of 695 MW of wind, hydro-electric, and solar energy projects located in Texas, Kansas, and Vermont, as well as royalty interests in a portfolio of 2,845 MW of development stage wind energy projects located in Texas, Indiana, and Illinois. It serves renewable power developers, operators, and originators. The company was incorporated in 2018 and is headquartered in St. John's, Canada. Altius Renewable R...[Read more]

Industry

Renewable Utilities

IPO Date

2021-02-26

Stock Exchange

TSX

Ticker

ARR.TO

The PE Ratio as of September 2024 (TTM) for Altius Renewable Royalties Corp. (ARR.TO) is -147.37

According to Altius Renewable Royalties Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -147.37. This represents a change of 13.20% compared to the average of -130.18 of the last 4 quarters.

Altius Renewable Royalties Corp. (ARR.TO) Historical PE Ratio (quarterly & annually)

How has ARR.TO PE Ratio performed in the past?

The mean historical PE Ratio of Altius Renewable Royalties Corp. over the last ten years is -101.16. The current -147.37 PE Ratio has changed 14.47% with respect to the historical average. Over the past ten years (40 quarters), ARR.TO's PE Ratio was at its highest in in the September 2022 quarter at 116.76. The PE Ratio was at its lowest in in the June 2023 quarter at -545.49.

Quarterly (TTM)
Annual

Average

-101.16

Median

-82.82

Minimum

-207.49

Maximum

0

Altius Renewable Royalties Corp. (ARR.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Altius Renewable Royalties Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 229.09%

Maximum Annual PE Ratio = 0

Minimum Annual Increase = -Infinity%

Minimum Annual PE Ratio = -207.49

Quarterly (TTM)
Annual
YearPE RatioChange
2023-170.76-17.70%
2022-207.49229.09%
2021-63.05-13.32%
2020-72.74-21.71%
2019-92.91-Infinity%

Altius Renewable Royalties Corp. (ARR.TO) Average PE Ratio

How has ARR.TO PE Ratio performed in the past?

The current PE Ratio of Altius Renewable Royalties Corp. (ARR.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-147.10

5-year avg

-121.39

10-year avg

-101.16

Altius Renewable Royalties Corp. (ARR.TO) PE Ratio vs. Peers

How is ARR.TO’s PE Ratio compared to its peers?

Altius Renewable Royalties Corp.’s PE Ratio is less than Altius Minerals Corporation (83.56), less than Orogen Royalties Inc. (100.25), less than Tidewater Renewables Ltd. (-7.45), less than Nova Royalty Corp. (-13.64), less than Aclara Resources Inc. (-5.56),

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