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Emeren Group Stock

Emeren Group P/S 2024

Emeren Group P/S

6.61

Ticker

SOL

ISIN

US75971T3014

WKN

A2DLEP

As of Sep 16, 2024, Emeren Group's P/S ratio stood at 6.61, a -63.58% change from the 18.15 P/S ratio recorded in the previous year.

The Emeren Group P/S history

Emeren Group Aktienanalyse

What does Emeren Group do?

ReneSola Ltd is a globally operating company headquartered in China, specializing in the manufacturing and sale of solar modules, solar mounting systems, and LED products. It was founded in 2005 and has since expanded its operations to over 20 countries. The company originated as a small distributor of solar modules in Zhejiang, China. In 2006, ReneSola began producing solar modules of high quality, leading to their rapid establishment in the market. In 2009, the company went public on the NASDAQ, resulting in strong expansion. ReneSola quickly opened branches in Europe, the USA, and Asia. ReneSola specializes in the entire value chain of solar energy, including development, manufacturing, distribution, installation, and maintenance of solar modules and mounting systems. Their business model covers sales to both residential and commercial customers, as well as public institutions. The company is divided into three main divisions: solar modules, solar mounting systems, and LED products. Their solar modules are known for their high performance, efficiency, and durability, suitable for various residential, commercial, and industrial applications. ReneSola also offers a wide range of versatile mounting systems for different types of roofs, facades, and open spaces. Their LED products provide high energy efficiency and long lifespan, applicable for both indoor and outdoor use. In conclusion, ReneSola Ltd has established itself as a leading company in the solar industry, offering a comprehensive range of products and solutions worldwide. It is praised for its manufacturing capacity, quality, and competitiveness in the market. Emeren Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Emeren Group's P/S Ratio

Emeren Group's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Emeren Group's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Emeren Group's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Emeren Group’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Emeren Group stock

What is the price-to-earnings ratio of Emeren Group?

The price-earnings ratio of Emeren Group is currently 6.61.

How has the price-earnings ratio of Emeren Group changed compared to last year?

The price-to-earnings ratio of Emeren Group has increased by -63.58% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Emeren Group high compared to other companies?

Yes, the price-to-earnings ratio of Emeren Group is high compared to other companies.

How does an increase in the price-earnings ratio of Emeren Group affect the company?

An increase in the price-earnings ratio of Emeren Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Emeren Group affect the company?

A decrease in the price-earnings ratio of Emeren Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Emeren Group?

Some factors that influence the price-earnings ratio of Emeren Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Emeren Group pay?

Over the past 12 months, Emeren Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Emeren Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Emeren Group?

The current dividend yield of Emeren Group is .

When does Emeren Group pay dividends?

Emeren Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Emeren Group?

Emeren Group paid dividends every year for the past 0 years.

What is the dividend of Emeren Group?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Emeren Group located?

Emeren Group is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Emeren Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Emeren Group from 9/16/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/16/2024.

When did Emeren Group pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Emeren Group in the year 2023?

In the year 2023, Emeren Group distributed 0 USD as dividends.

In which currency does Emeren Group pay out the dividend?

The dividends of Emeren Group are distributed in USD.

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Andere Kennzahlen von Emeren Group

Our stock analysis for Emeren Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Emeren Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.