Minesto AB (publ)

Minesto AB (publ)verified

MINEST.ST

Price:

$0.699

Market Cap:

$142.46M

Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, Northern Ireland, and Taiwan. Its Deep Green technology produces electricity from slow tidal streams and ocean currents through a turbine. The company was founded in 2007 and is headquartered in Gothenburg, Sweden.

Industry

Renewable Utilities

IPO Date

2015-11-09

Stock Exchange

STO

Ticker

MINEST.ST

The PE Ratio as of December 2025 (TTM) for Minesto AB (publ) (MINEST.ST) is -4.37

According to Minesto AB (publ)’s latest financial reports and current stock price. The company's current PE Ratio is -4.37. This represents a change of -76.85% compared to the average of -18.88 of the last 4 quarters.

Minesto AB (publ) (MINEST.ST) Historical PE Ratio (quarterly & annually)

How has MINEST.ST PE Ratio performed in the past?

The mean historical PE Ratio of Minesto AB (publ) over the last ten years is -67.88. The current -4.37 PE Ratio has changed 543.79% with respect to the historical average. Over the past ten years (40 quarters), MINEST.ST's PE Ratio was at its highest in in the December 2016 quarter at 9.48. The PE Ratio was at its lowest in in the September 2020 quarter at -406.01.

Quarterly (TTM)
Annual

Average

-67.88

Median

-28.37

Minimum

-243.01

Maximum

-12.69

Minesto AB (publ) (MINEST.ST) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Minesto AB (publ) 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 = 1.22%

Maximum Annual PE Ratio = -12.69

Minimum Annual Increase = -90.84%

Minimum Annual PE Ratio = -243.01

Quarterly (TTM)
Annual
YearPE RatioChange
2024-12.69-73.93%
2023-48.67200.98%
2022-16.17-90.84%
2021-176.56-27.34%
2020-243.011.22%
2019-18.35-77.34%
2018-80.96215.59%
2017-25.65-10.63%
2016-28.712.39%
2015-28.0421.41%

Minesto AB (publ) (MINEST.ST) Average PE Ratio

How has MINEST.ST PE Ratio performed in the past?

The current PE Ratio of Minesto AB (publ) (MINEST.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-25.84

5-year avg

-99.42

10-year avg

-67.88

Minesto AB (publ) (MINEST.ST) PE Ratio vs. Peers

How is MINEST.ST’s PE Ratio compared to its peers?

Minesto AB (publ)’s PE Ratio is less than SolTech Energy Sweden AB (publ) (0), less than Eolus Vind AB (publ) (0), less than Climeon AB (publ) (0), less than PowerCell Sweden AB (publ) (0), less than null (0), less than null (-0.05), less than null (8.30), less than null (-1.03), greater than null (-313.34),

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