Polaris Renewable Energy Inc.

Polaris Renewable Energy Inc.verified

PIF.TO

Price:

$12.37

Market Cap:

$187.33M

Polaris Renewable Energy Inc. engages in the acquisition, development, and operation of renewable energy projects in Latin America. The company operates a 72 MW net geothermal facility in Nicaragua; and three run-of-river hydroelectric facilities in Peru with approximately 5 MW net, 8 MW net, and 20 MW net capacity. It also operates a solar project in the Dominican Republic with 32.6 MWdc. The company was formerly known as Polaris Infrastructure Inc. and changed its name to Polaris Renewable Energy Inc. in July 2022. Polaris Renewable Energy Inc. was incorporated in 1984 and is based in Toronto, Canada.[Read more]

Industry

Renewable Utilities

IPO Date

2007-01-19

Stock Exchange

TSX

Ticker

PIF.TO

The PE Ratio as of November 2024 (TTM) for Polaris Renewable Energy Inc. (PIF.TO) is 26.32

According to Polaris Renewable Energy Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 26.32. This represents a change of -30.86% compared to the average of 38.07 of the last 4 quarters.

Polaris Renewable Energy Inc. (PIF.TO) Historical PE Ratio (quarterly & annually)

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

The mean historical PE Ratio of Polaris Renewable Energy Inc. over the last ten years is 71.37. The current 26.32 PE Ratio has changed 3.59% with respect to the historical average. Over the past ten years (40 quarters), PIF.TO's PE Ratio was at its highest in in the June 2021 quarter at 475.84. The PE Ratio was at its lowest in in the March 2021 quarter at -78.67.

Quarterly (TTM)
Annual

Average

71.37

Median

10.24

Minimum

-41.64

Maximum

500.33

Polaris Renewable Energy Inc. (PIF.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Polaris Renewable Energy Inc. 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 = 6.03%

Maximum Annual PE Ratio = 500.33

Minimum Annual Increase = -414.83%

Minimum Annual PE Ratio = -41.64

Quarterly (TTM)
Annual
YearPE RatioChange
202317.88-77.37%
202279.00-84.21%
2021500.336.03%
20208.16-20.13%
201910.21-0.56%
201810.27-92.17%
2017131.10-414.83%
2016-41.642.61%
2015-1.542.20%
2014-0.07-85.84%

Polaris Renewable Energy Inc. (PIF.TO) Average PE Ratio

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

The current PE Ratio of Polaris Renewable Energy Inc. (PIF.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

199.07

5-year avg

123.12

10-year avg

71.37

Polaris Renewable Energy Inc. (PIF.TO) PE Ratio vs. Peers

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

Polaris Renewable Energy Inc.’s PE Ratio is greater than Innergex Renewable Energy Inc. (-14.54), less than Boralex Inc. (41.63), less than Northland Power Inc. (72.38), less than Viemed Healthcare, Inc. (33.00), less than TransAlta Renewables Inc. (34.00),

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