AZRE
Price:
$1.69
Market Cap:
$1.62B
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2021, the company operated 45 utility scale projects with a combined rated capacity of 1,990 MWs. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.[Read more]
Industry
Renewable Utilities
IPO Date
2016-10-12
Stock Exchange
NYSE
Ticker
AZRE
According to Azure Power Global Limited’s latest financial reports and current stock price. The company's current PE Ratio is -2.14. This represents a change of -6.46% compared to the average of -2.29 of the last 4 quarters.
The mean historical PE Ratio of Azure Power Global Limited over the last ten years is 1.56K. The current -2.14 PE Ratio has changed -113.73% with respect to the historical average. Over the past ten years (40 quarters), AZRE's PE Ratio was at its highest in in the June 2021 quarter at 2.57K. The PE Ratio was at its lowest in in the September 2021 quarter at -4785.14.
Average
1.56K
Median
-468.50
Minimum
-2276.43
Maximum
23.90K
Discovering the peaks and valleys of Azure Power Global Limited 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 = 1.18%
Maximum Annual PE Ratio = 23.90K
Minimum Annual Increase = -1386.14%
Minimum Annual PE Ratio = -2276.43
Year | PE Ratio | Change |
---|---|---|
2024 | -1.92 | -66.60% |
2023 | -5.74 | -99.75% |
2022 | -2276.43 | 35.18% |
2021 | -1684.00 | 8.64% |
2020 | -1550.05 | -106.49% |
2019 | 23.90K | -1386.14% |
2018 | -1858.05 | 113.84% |
2017 | -868.91 | 1.18% |
2016 | -68.09 | 715.14% |
2015 | -8.35 | -57.66% |
The current PE Ratio of Azure Power Global Limited (AZRE) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-761.37
5-year avg
-1103.63
10-year avg
1.56K
Azure Power Global Limited’s PE Ratio is less than Altus Power, Inc. (20.20), less than Ormat Technologies, Inc. (34.83), less than Enlight Renewable Energy Ltd (31.69), greater than Fluence Energy, Inc. (-126.16), less than ReNew Energy Global Plc (221.20), less than Energy Vault Holdings, Inc. (-1.73), less than Heliogen, Inc. (-0.08), less than Clearway Energy, Inc. (35.85), less than Brookfield Renewable Corporation (15.06), less than Clearway Energy, Inc. (35.85), less than NextEra Energy Partners, LP (7.94), greater than Algonquin Power & Utilities Corp. (-40.34), less than Atlantica Sustainable Infrastructure plc (73.37), greater than Brookfield Renewable Partners L.P. (-61.42),
Company | PE Ratio | Market cap |
---|---|---|
20.20 | $474.37M | |
34.83 | $4.60B | |
31.69 | $1.82B | |
-126.16 | $2.76B | |
221.20 | $2.20B | |
-1.73 | $153.95M | |
-0.08 | $9.91M | |
35.85 | $5.50B | |
15.06 | $5.37B | |
35.85 | $5.51B | |
7.94 | $2.36B | |
-40.34 | $13.34B | |
73.37 | $2.55B | |
-61.42 | $17.04B |
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