688408.SS
Price:
$43.33
Market Cap:
$9.36B
Arctech Solar Holding Co., Ltd. provides solar tracking and racking systems for utilities, commercial, industrial, and residential projects worldwide. The company offers solar trackers, such as horizontal single axis trackers, horizontal single axis trackers with tilted modules, and tilt single axis trackers that improve the amount of the electricity through orientation of the PV panels towards the sun; and seasonal tilt, and dual and single pole mounting structures. As of December 31, 2018, it had a cumulatively installed capacity of approximately 19 GW; and had completed approximately 700 projects in 24 countries. The company is headquartered in Kunshan, China.
Industry
Solar
IPO Date
2020-08-28
Stock Exchange
SHH
Ticker
688408.SS
According to Arctech Solar Holding Co., Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 28.14. This represents a change of 307.98% compared to the average of 6.90 of the last 4 quarters.
The mean historical PE Ratio of Arctech Solar Holding Co., Ltd. over the last ten years is 188.91. The current 28.14 PE Ratio has changed 1.39% with respect to the historical average. Over the past ten years (40 quarters), 688408.SS's PE Ratio was at its highest in in the June 2022 quarter at 255.86. The PE Ratio was at its lowest in in the March 2022 quarter at -197.64.
Average
188.91
Median
54.48
Minimum
18.37
Maximum
1.07K
Discovering the peaks and valleys of Arctech Solar Holding Co., 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 = 1.86%
Maximum Annual PE Ratio = 1.07K
Minimum Annual Increase = -90.89%
Minimum Annual PE Ratio = 18.37
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 23.15 | 26.00% |
| 2023 | 18.37 | -90.89% |
| 2022 | 201.72 | -81.14% |
| 2021 | 1.07K | 1.86% |
| 2020 | 54.48 | 67.05% |
| 2019 | 32.61 | -40.04% |
| 2018 | 54.39 | -54.17% |
| 2017 | 118.66 | -6.82% |
The current PE Ratio of Arctech Solar Holding Co., Ltd. (688408.SS) 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
81.08
5-year avg
273.44
10-year avg
188.91
Arctech Solar Holding Co., Ltd.’s PE Ratio is less than Solareast Holdings Co., Ltd. (42.67), greater than Shanghai Datun Energy Resources Co., Ltd. (26.04), greater than Kailuan Energy Chemical Co.,Ltd. (27.72), greater than Shaanxi Provincial Natural Gas Co.,Ltd (13.16), greater than Zhongman Petroleum and Natural Gas Group Corp., Ltd. (20.18), greater than Risen Energy Co.,Ltd. (-4.06), greater than Geo-Jade Petroleum Corporation (24.84), less than Zhejiang Sunflower Great Health Limited Liability Company (1.48K), greater than Jiangsu Lopal Tech. Co., Ltd. (-32.51), greater than Zhejiang Sunoren Solar Technology Co.,Ltd. (24.00),
| Company | PE Ratio | Market cap |
|---|---|---|
| 42.67 | $7.76B | |
| 26.04 | $8.98B | |
| 27.72 | $9.78B | |
| 13.16 | $8.89B | |
| 20.18 | $10.31B | |
| -4.06 | $11.40B | |
| 24.84 | $11.20B | |
| 1.48K | $9.40B | |
| -32.51 | $11.95B | |
| 24.00 | $4.65B |
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