SOL
Price:
$2.01
Market Cap:
$106.02M
ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells project rights. In addition, its engineering, procurement, and construction business provides engineering design, procurement of solar modules, balance-of-system components and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of December 31, 2021, it operated approximately 100 sola...[Read more]
Industry
Solar
IPO Date
2008-01-29
Stock Exchange
NYSE
Ticker
SOL
According to ReneSola Ltd’s latest financial reports and current stock price. The company's current PE Ratio is -40.20. This represents a change of -444.16% compared to the average of 11.68 of the last 4 quarters.
The mean historical PE Ratio of ReneSola Ltd over the last ten years is 24.61. The current -40.20 PE Ratio has changed -16432.56% with respect to the historical average. Over the past ten years (40 quarters), SOL's PE Ratio was at its highest in in the June 2022 quarter at 2.21K. The PE Ratio was at its lowest in in the March 2023 quarter at -103.85.
Average
24.61
Median
0.12
Minimum
-48.44
Maximum
202.25
Discovering the peaks and valleys of ReneSola Ltd 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 = 1.12%
Maximum Annual PE Ratio = 202.25
Minimum Annual Increase = -4212.33%
Minimum Annual PE Ratio = -48.44
Year | PE Ratio | Change |
---|---|---|
2023 | -48.44 | -197.43% |
2022 | 49.71 | -16.94% |
2021 | 59.85 | -70.41% |
2020 | 202.25 | -4212.33% |
2019 | -4.92 | -119.09% |
2018 | 25.76 | 1.12% |
2017 | 2.11 | -213.39% |
2016 | -1.86 | -94.55% |
2015 | -34.18 | 724.24% |
2014 | -4.15 | 242.50% |
The current PE Ratio of ReneSola Ltd (SOL) 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
20.38
5-year avg
51.69
10-year avg
24.61
ReneSola Ltd’s PE Ratio is less than Canadian Solar Inc. (999.60), less than Maxeon Solar Technologies, Ltd. (-0.10), less than SunPower Corporation (-0.00), less than SolarEdge Technologies, Inc. (-0.48), less than Sunnova Energy International Inc. (-1.05), less than Sunrun Inc. (-3.10), less than First Solar, Inc. (15.66), less than iSun, Inc. (0), less than JinkoSolar Holding Co., Ltd. (16.86),
Company | PE Ratio | Market cap |
---|---|---|
999.60 | $753.07M | |
-0.10 | $123.85M | |
-0.00 | $21.55M | |
-0.48 | $799.71M | |
-1.05 | $436.09M | |
-3.10 | $2.21B | |
15.66 | $19.55B | |
0 | $2.25M | |
16.86 | $1.30B |
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 ReneSola Ltd 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 ReneSola Ltd 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 ReneSola Ltd's PE Ratio?
How is the PE Ratio calculated for ReneSola Ltd (SOL)?
What is the highest PE Ratio for ReneSola Ltd (SOL)?
What is the 3-year average PE Ratio for ReneSola Ltd (SOL)?
What is the 5-year average PE Ratio for ReneSola Ltd (SOL)?
How does the current PE Ratio for ReneSola Ltd (SOL) compare to its historical average?