Nextracker Inc.

Nextracker Inc.verified

NXT

Price:

$42.55

Market Cap:

$6.16B

Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon — XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsi...[Read more]

Industry

Solar

IPO Date

2023-02-09

Stock Exchange

NASDAQ

Ticker

NXT

The PE Ratio as of April 2024 (TTM) for Nextracker Inc. (NXT) is 20.96

According to Nextracker Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 20.96. This represents a change of 62.60% compared to the average of 12.89 of the last 4 quarters.

Nextracker Inc. (NXT) Historical PE Ratio (quarterly & annually)

How has NXT PE Ratio performed in the past?

The mean historical PE Ratio of Nextracker Inc. over the last ten years is 152.85. The current 20.96 PE Ratio has changed 1.27% with respect to the historical average. Over the past ten years (40 quarters), NXT's PE Ratio was at its highest in in the December 2021 quarter at 25.42. The PE Ratio was at its lowest in in the March 2023 quarter at -4.49.

Quarterly (TTM)
Annual

Average

152.85

Median

9.93

Minimum

-738.22

Maximum

1.46K

Nextracker Inc. (NXT) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nextracker Inc. 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 = 5.20%

Maximum Annual PE Ratio = 1.46K

Minimum Annual Increase = -101.34%

Minimum Annual PE Ratio = -738.22

Quarterly (TTM)
Annual
YearPE RatioChange
20231.46K5.20%
202227.44190.72%
20219.44-4.90%
20209.93-101.34%

Nextracker Inc. (NXT) Average PE Ratio

How has NXT PE Ratio performed in the past?

The current PE Ratio of Nextracker Inc. (NXT) 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

497.52

5-year avg

152.85

10-year avg

152.85

Nextracker Inc. (NXT) PE Ratio vs. Peers

How is NXT’s PE Ratio compared to its peers?

Nextracker Inc.’s PE Ratio is

CompanyPE RatioMarket cap

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