NXT Nextracker PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: NXT
- PE Ratio
The P/E ratio for Nextracker stock stands at 9.59 as of May 8, 2025. This is based on the current EPS of $4.65 and the stock price of $44.6 per share. A decrease of 7% has been recorded in the PE ratio compared to the average of 10.3 of the past four quarters.
NXT PE ratio history
Over the last three years, the average PE ratio of Nextracker has been 235.88. The current 9.59 price-to-earnings ratio is 96% less than the historical average. In the past three years, NXT's PE ratio reached its highest point in the Mar 2023 quarter at 1,813, with a price of $36.26 and an EPS of $0.02. The Dec 2024 quarter saw the lowest point at 7.86, with a price of $36.53 and an EPS of $4.65.
Nextracker PE ratio by year
Maximum annual decrease: -99.22% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 14.17 | -99.22% | $56.27 | $3.97 |
| 2023 | 1,813 | N/A | $36.26 | $0.02 |
| 2022 | N/A | N/A | N/A | N/A |
| 2021 | N/A | N/A | N/A | N/A |
| 2020 | N/A | N/A | N/A | N/A |
Nextracker PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 7.86 | -8.71% | $36.53 | $4.65 |
| Sep 2024 | 8.61 | -19.91% | $38.9 | $4.52 |
| Jun 2024 | 10.75 | -24.14% | $46.88 | $4.36 |
| Mar 2024 | 14.17 | 46.38% | $56.27 | $3.97 |
| Dec 2023 | 9.68 | -15.9% | $46.85 | N/A |
| Sep 2023 | 11.51 | 0.35% | $40.16 | N/A |
| Jun 2023 | 11.47 | -99.37% | $39.81 | N/A |
| Mar 2023 | 1,813 | N/A | $36.26 | $0.02 |
| Dec 2022 | N/A | N/A | N/A | N/A |
| Sep 2022 | N/A | N/A | N/A | N/A |
| Jul 2022 | N/A | N/A | N/A | N/A |
| Mar 2022 | N/A | N/A | N/A | N/A |
| Dec 2021 | N/A | N/A | N/A | N/A |
| Mar 2021 | N/A | N/A | N/A | N/A |
| Mar 2020 | N/A | N/A | N/A | N/A |
NXT average PE ratio chart
NXT PE vs peers
When compared to its peer stocks FSLR and ENPH, NXT's PE ratio is lower. Nextracker's current PE ratio of 9.59 is less than the average of its peers, which is 29.1.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NXT Nextracker Inc | 9.59 | $6.49B |
| FSLR First Solar Inc | 11.33 | $14.35B |
| CSIQ Canadian Solar Inc | 17.06 | $616.65M |
| SHLS Shoals Technologies Group Inc | 43.82 | $805.78M |
| ENPH Enphase Energy Inc | 44.19 | $6.44B |
| RUN Sunrun Inc | N/A | $1.94B |
| SEDG Solaredge Technologies Inc | N/A | $1.08B |
| MAXN Maxeon Solar Technologies Ltd | N/A | $51.47M |
Frequently asked questions
What is Nextracker's PE ratio?
NXT's price to earnings ratio is 9.59 as of May 8, 2025.
What is the highest PE ratio for NXT?
In the last three years, the Mar 2023 quarter recorded the highest quarterly PE ratio at 1,813.
How does the current PE ratio for NXT compare to its historical average?
NXT's current price to earnings ratio is 96% below its 3-year historical average.
Why is Nextracker's PE ratio so low?
NXT's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 9.59 is considered low.
How is NXT's PE ratio calculated (Nextracker PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 8, 2025), Nextracker's stock price is $44.6. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $4.65. Therefore, Nextracker's price to earnings ratio for today is 9.59. PE RATIO(9.59) = STOCK PRICE($44.6) / TTM EPS($4.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.