Emeren Group (Emeren Group) Forward PE Ratio

: 3.80 (As of Today)

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Emeren Group's Forward PE Ratio for today is 3.80.

Emeren Group's PE Ratio without NRI for today is 62.96.

Emeren Group's PE Ratio for today is 36.17.

Emeren Group Forward PE Ratio Historical Data

The historical data trend for Emeren Group's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => 11.09 [1] => 33.22 [2] => 8.92 [3] => 17.12 [4] => 36.90 [5] => 11.47 [6] => 14.71 [7] => 7.58 [8] => 4.47 )

Emeren Group Annual Data

Trend

2016-08

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

11.09

33.22

8.92

17.12

36.90

11.47

14.71

7.58

4.47

Emeren Group Quarterly Data
	2016-03	2016-06	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	34.97	10.82	33.22	31.95	10.20	16.84	8.92	13.00	18.28	13.18	17.12	19.49	26.74	36.90	34.72	61.73	17.48	11.47	27.78	38.46	21.93	14.71	14.12	9.13	5.45	7.58	4.60

Competitive Comparison

For the Solar subindustry, Emeren Group's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Emeren Group Forward PE Ratio Distribution

For the Semiconductors industry and Technology sector, Emeren Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Emeren Group's Forward PE Ratio falls into.

Emeren Group Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Emeren Group (NYSE:SOL) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Emeren Group Forward PE Ratio Related Terms

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Emeren Group (Emeren Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Emeren Group Ltd (NYSE:SOL) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

SOL:Mexico VQKB:Germany VQKB:Germany

Address

100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902

Website

https://www.emeren.com

Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.

Executives

Capital Management Shah

director, 10 percent owner

8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615