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NXT Nextracker PE ratio, current and historical analysis

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

How has NXT's PE ratio performed in the past

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.

Today
16.6
Average
311.04
Median
11.31
Minimum
7.86
Maximum
1,813

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

How does NXT's price compare to its estimated fair value based on its growth

NXT average PE ratio chart

What is the average PE ratio of NXT for the past years
3-year avg
N/A
5-year avg
N/A
10-year avg
N/A
15-year avg
N/A

NXT PE vs peers

What is NXT's PE ratio compared to its 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 13.77 $17.44B
NXT Nextracker Inc 16.6 $8.62B
ENPH Enphase Energy Inc 37.42 $5.45B
SHLS Shoals Technologies Group Inc 46.55 $855.94M
RUN Sunrun Inc N/A $1.91B
SEDG Solaredge Technologies Inc N/A $1.06B
CSIQ Canadian Solar Inc N/A $756.01M
MAXN Maxeon Solar Technologies Ltd N/A $49.8M

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.