SOL
Price:
$1.87
Market Cap:
$98.63M
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 -37.40. This represents a change of -420.19% 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 -37.40 PE Ratio has changed -15294.97% 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. (21.57), less than Maxeon Solar Technologies, Ltd. (-1.20), less than SunPower Corporation (-0.11), less than SolarEdge Technologies, Inc. (-0.41), less than Sunnova Energy International Inc. (-1.48), less than Sunrun Inc. (-3.31), less than First Solar, Inc. (15.96), less than iSun, Inc. (-0.14), less than JinkoSolar Holding Co., Ltd. (14.33),
Company | PE Ratio | Market cap |
---|---|---|
21.57 | $788.14M | |
-1.20 | $130.27M | |
-0.11 | $21.55M | |
-0.41 | $688.45M | |
-1.48 | $612.27M | |
-3.31 | $2.36B | |
15.96 | $19.92B | |
-0.14 | $2.25M | |
14.33 | $1.12B |
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