SolarEdge
SEDG
#6112
Rank
โ‚น59.85 B
Marketcap
โ‚น1,033
Share price
-10.53%
Change (1 day)
-82.69%
Change (1 year)

P/E ratio for SolarEdge (SEDG)

P/E ratio as of November 2024 (TTM): 2.78

According to SolarEdge's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.78436. At the end of 2022 the company had a P/E ratio of 167.

P/E ratio history for SolarEdge from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216792.42%
202186.6-23.75%
2020114261.87%
201931.4154.82%
201812.3-34.73%
201718.9
201526.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.07 189.88%๐Ÿ‡บ๐Ÿ‡ธ USA
29.6 962.68%๐Ÿ‡บ๐Ÿ‡ธ USA
53.9 1,837.01%๐Ÿ‡บ๐Ÿ‡ธ USA
33.2 1,093.46%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.