AZRE
Price:
$1.69
Market Cap:
$2.74B
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2021, the company operated 45 utility scale projects with a combined rated capacity of 1,990 MWs. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.[Read more]
Industry
Renewable Utilities
IPO Date
2016-10-12
Stock Exchange
NYSE
Ticker
AZRE
According to Azure Power Global Limited’s latest financial reports and current stock price. The company's current PE Ratio is -2.14. This represents a change of -6.46% compared to the average of -2.29 of the last 4 quarters.
The mean historical PE Ratio of Azure Power Global Limited over the last ten years is 1.56K. The current -2.14 PE Ratio has changed -113.73% with respect to the historical average. Over the past ten years (40 quarters), AZRE's PE Ratio was at its highest in in the June 2021 quarter at 2.57K. The PE Ratio was at its lowest in in the September 2021 quarter at -4785.14.
Average
1.56K
Median
-468.50
Minimum
-2276.43
Maximum
23.90K
Discovering the peaks and valleys of Azure Power Global Limited 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 = 1.18%
Maximum Annual PE Ratio = 23.90K
Minimum Annual Increase = -1386.14%
Minimum Annual PE Ratio = -2276.43
Year | PE Ratio | Change |
---|---|---|
2024 | -1.92 | -66.60% |
2023 | -5.74 | -99.75% |
2022 | -2276.43 | 35.18% |
2021 | -1684.00 | 8.64% |
2020 | -1550.05 | -106.49% |
2019 | 23.90K | -1386.14% |
2018 | -1858.05 | 113.84% |
2017 | -868.91 | 1.18% |
2016 | -68.09 | 715.14% |
2015 | -8.35 | -57.66% |
The current PE Ratio of Azure Power Global Limited (AZRE) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-761.37
5-year avg
-1103.63
10-year avg
1.56K
Azure Power Global Limited’s PE Ratio is less than Altus Power, Inc. (18.38), less than Ormat Technologies, Inc. (35.73), less than Enlight Renewable Energy Ltd (43.36), less than Fluence Energy, Inc. (90.78), less than ReNew Energy Global Plc (232.46), greater than Energy Vault Holdings, Inc. (-3.06), less than Heliogen, Inc. (-0.09), less than Clearway Energy, Inc. (25.80), greater than Brookfield Renewable Corporation (-4.02), less than Clearway Energy, Inc. (25.80), less than NextEra Energy Partners, LP (8.06), greater than Algonquin Power & Utilities Corp. (-3.16), less than Atlantica Sustainable Infrastructure plc (85.13), greater than Brookfield Renewable Partners L.P. (-38.59),
Company | PE Ratio | Market cap |
---|---|---|
18.38 | $657.60M | |
35.73 | $4.24B | |
43.36 | $2.04B | |
90.78 | $2.90B | |
232.46 | $2.56B | |
-3.06 | $296.63M | |
-0.09 | $11.80M | |
25.80 | $5.34B | |
-4.02 | $5.11B | |
25.80 | $5.30B | |
8.06 | $1.65B | |
-3.16 | $13.34B | |
85.13 | $2.55B | |
-38.59 | $6.61B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Azure Power Global Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Azure Power Global Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the PE Ratio?
How can you use the PE Ratio?
What is Azure Power Global Limited's PE Ratio?
How is the PE Ratio calculated for Azure Power Global Limited (AZRE)?
What is the highest PE Ratio for Azure Power Global Limited (AZRE)?
What is the 3-year average PE Ratio for Azure Power Global Limited (AZRE)?
What is the 5-year average PE Ratio for Azure Power Global Limited (AZRE)?
How does the current PE Ratio for Azure Power Global Limited (AZRE) compare to its historical average?