The PE ratio for Solaredge Technologies stock stands at 97.8 as of May 2, 2024. This takes into account the latest EPS of $0.61 and stock price of $59.66. An increase of 21% has been observed in the PE ratio compared to its average of 80.7 of the past four quarters.
Over the last nine years, the average PE ratio of Solaredge Technologies has been 54.19. The current 97.8 price-to-earnings ratio is 80% more than the historical average. Analyzing the last nine years, SEDG's PE ratio reached its highest point in the Dec 2022 quarter at 166.63, with a price of $283.27 and an EPS of $1.7. The Dec 2016 quarter saw the lowest point at 7.9, with a price of $12.4 and an EPS of $1.57.
Maximum annual increase: 268.02% in 2020
Maximum annual decrease: -91.57% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 153.44 | -7.92% |
| 2022 | 166.63 | 92.41% |
| 2021 | 86.6 | -24.29% |
| 2020 | 114.38 | 268.02% |
| 2019 | 31.08 | 152.27% |
| 2018 | 12.32 | -34.71% |
| 2017 | 18.87 | 84.82% |
| 2016 | 10.21 | -91.57% |
| 2015 | 121.17 | N/A |
| 2014 | N/A | N/A |
The current PE ratio of SEDG is above its 5-year average, but it is under its 3-year average.
SEDG's PE ratio is above its peer stocks ADI and TER. Solaredge Technologies is currently trading at a higher PE ratio (97.8) than its peers average of 34.41.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DIOD Diodes Inc | 14.7 | $3.35B |
| ADI Analog Devices Inc | 34.9 | $97.44B |
| TER Teradyne Inc | 40.34 | $17.97B |
| TRMB Trimble Inc | 47.69 | $14.76B |
| SEDG Solaredge Technologies Inc | 97.8 | $3.41B |
SEDG stock has a price to earnings ratio of 97.8 as of May 2, 2024.
Over the last 3 years, the average PE ratio for SEDG stock is 98.67.
Over the last 5 years, the average PE ratio for SEDG stock is 80.96.
Over the last nine years, the quarterly PE ratio reached its highest level at 166.63 in the Dec 2022 quarter.
SEDG's price to earnings ratio is currently 80% above its 9-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 2, 2024), Solaredge Technologies's share price is $59.66. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.61. Therefore, Solaredge Technologies's price to earnings ratio for today is 97.8. PE RATIO(97.8) = STOCK PRICE($59.66) / TTM EPS($0.61)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.