NXT
Nextracker
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: NXT
- PE Ratio
The P/E ratio for Nextracker stock stands at 31.72 as of Jun 16, 2026. This is based on the current EPS of $3.96 and the stock price of $125.62 per share. An increase of 47% has been recorded in the PE ratio compared to the average of 21.6 of the past four quarters.
NXT PE ratio history
Over the last four years, the average PE ratio of Nextracker has been 195.25. The current 31.72 price-to-earnings ratio is 84% less than the historical average. In the past four 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 increase: 156.44% in 2026
Maximum annual decrease: -99.22% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 30.44 | 156.44% | $120.55 | $3.96 |
| 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 2026 | 30.44 | 40.47% | $120.55 | $3.96 |
| Dec 2025 | 21.67 | 16.82% | $87.11 | $4.02 |
| Sep 2025 | 18.55 | 19.29% | $73.07 | $3.94 |
| Jun 2025 | 15.55 | 31% | $58.32 | $3.75 |
| 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 |
NXT Price vs fair value
NXT average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of NXT is above the 3-year average.
PE comparison
Nextracker's P/E of 31.72 is above the industry and its peers average but below the Technology sector average. Looking at its Technology sector average of 36.42, Nextracker's P/E is 13% lower.
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 and RUN's. Nextracker's current PE ratio of 31.72 is more than the average of its peers, which is 24.25.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MAXN Maxeon Solar Technologies Ltd | 0.01 | $5.38M |
| RUN Sunrun Inc | 5.16 | $3.02B |
| FSLR First Solar Inc | 17.03 | $28.41B |
| NXT Nextracker Inc | 31.72 | $18.88B |
| ENPH Enphase Energy Inc | 49.27 | $6.62B |
| SHLS Shoals Technologies Group Inc | 49.8 | $1.67B |
| SEDG Solaredge Technologies Inc | N/A | $3.48B |
| CSIQ Canadian Solar Inc | N/A | $1.13B |
Frequently asked questions
What is Nextracker's PE ratio?
NXT's price to earnings ratio is 31.72 as of Jun 16, 2026.
What is the 3-year average PE ratio for Nextracker (NXT)?
The average PE ratio for NXT stock over the past 3 years is 15.5.
What is the highest PE ratio for NXT?
In the last four 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 84% below its 4-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 16, 2026), Nextracker's stock price is $125.62. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $3.96. Therefore, Nextracker's price to earnings ratio for today is 31.72. PE RATIO(31.72) = STOCK PRICE($125.62) / TTM EPS($3.96)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.