NXT Nextracker PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: NXT
- PE Ratio
The P/E ratio for Nextracker stock stands at 16.24 as of Jun 5, 2025. This is based on the current EPS of $3.55 and the stock price of $57.66 per share. An increase of 66% has been recorded in the PE ratio compared to the average of 9.8 of the past four quarters.
NXT PE ratio history
Over the last three years, the average PE ratio of Nextracker has been 311.04. The current 16.24 price-to-earnings ratio is 95% 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 |
|---|---|---|---|---|
| 2025 | 11.87 | -16.23% | $42.14 | $3.55 |
| 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 |
|---|---|---|---|---|
| Mar 2025 | 11.87 | 51.02% | $42.14 | $3.55 |
| 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 | N/A | $56.27 | $3.97 |
| Dec 2023 | N/A | N/A | $46.85 | N/A |
| Sep 2023 | N/A | N/A | $40.16 | N/A |
| Jun 2023 | N/A | N/A | $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 |
NXT Price vs fair value
NXT average PE ratio chart
NXT PE vs peers
When compared to its peers ENPH and SHLS, NXT's PE ratio is lower, but it is higher than FSLR's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FSLR First Solar Inc | 14.01 | $17.75B |
| NXT Nextracker Inc | 16.34 | $8.48B |
| ENPH Enphase Energy Inc | 37.15 | $5.41B |
| SHLS Shoals Technologies Group Inc | 45.18 | $830.86M |
| RUN Sunrun Inc | N/A | $1.86B |
| SEDG Solaredge Technologies Inc | N/A | $1.07B |
| CSIQ Canadian Solar Inc | N/A | $763.71M |
| MAXN Maxeon Solar Technologies Ltd | N/A | $50.47M |
Frequently asked questions
What is Nextracker's PE ratio?
NXT's price to earnings ratio is 16.24 as of Jun 5, 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 95% below its 3-year historical average.
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 (Jun 5, 2025), Nextracker's stock price is $57.66. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $3.55. Therefore, Nextracker's price to earnings ratio for today is 16.24. PE RATIO(16.24) = STOCK PRICE($57.66) / TTM EPS($3.55)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.