Alternus Clean Energy (Alternus Clean Energy) Median PS Value : $0.00 (As of May. 24, 2024)

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What is Alternus Clean Energy Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Alternus Clean Energy's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $. Alternus Clean Energy's 10-Year median PS Ratio is . Therefore, the Median PS Value for today is $0.00.

As of today (2024-05-24), Alternus Clean Energy's share price is $0.3857. Alternus Clean Energy's Median PS Value is $0.00. Therefore, Alternus Clean Energy's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Alternus Clean Energy's Median PS Value or its related term are showing as below:

ALCE's Price-to-Median-PS-Value is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 0.895
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Alternus Clean Energy Median PS Value Historical Data

The historical data trend for Alternus Clean Energy's Median PS Value 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.

Alternus Clean Energy Median PS Value Chart

Alternus Clean Energy Annual Data

Trend

Dec21

Dec22

Dec23

Median PS Value

Alternus Clean Energy Semi-Annual Data
	Dec21	Dec22	Dec23
Median PS Value	-	-	-

Competitive Comparison of Alternus Clean Energy's Median PS Value

For the Utilities - Renewable subindustry, Alternus Clean Energy's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.

Alternus Clean Energy's Price-to-Median-PS-Value Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternus Clean Energy's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Alternus Clean Energy's Price-to-Median-PS-Value falls into.

Alternus Clean Energy Median PS Value Calculation

Alternus Clean Energy's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=		*
	=

10-Year Median PS Ratio is .
For company reported annually, GuruFocus uses latest annual data as the TTM data. Alternus Clean Energy's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $.

Alternus Clean Energy (NAS:ALCE) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Alternus Clean Energy's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	0.3857	/
	=

Alternus Clean Energy Median PS Value Related Terms

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Alternus Clean Energy (Alternus Clean Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (NAS:ALCE) » Definitions » Median PS Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

Blanchardstown Corporate Park 2, Suite 9 & 10 Plaza 212, Dublin, IRL, D15 R504

Website

https://www.alternusenergy.com

Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and in the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids.

Alternus Clean Energy (Alternus Clean Energy) Headlines

From GuruFocus

Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

By Marketwired • 04-22-2024