The current PE ratio for Daqo New Energy stock as of May 10, 2024 is 7.09. This is calculated based on the TTM EPS of N/A and the stock price of $17.93 per share. The PE ratio has grown by 29% from its last 4 quarters average of 5.5.
The average historical PE ratio of Daqo New Energy for the last ten years is 12.27. The current P/E ratio of 7.09 is 42% lower than the historical average. Looking back at the last ten years, DQ's PE ratio peaked in the Sep 2014 quarter at 61.16, when the price was $8.56 and the EPS was N/A. The lowest point was in the Dec 2022 quarter, when it reached 1.61 with a price of $38.61 and an EPS of $24.
Maximum annual increase: 191.79% in 2019
Maximum annual decrease: -87.54% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 4.63 | 187.58% |
| 2022 | 1.61 | -59.45% |
| 2021 | 3.97 | -87.54% |
| 2020 | 31.87 | 40.03% |
| 2019 | 22.76 | 191.79% |
| 2018 | 7.8 | 14.87% |
| 2017 | 6.79 | 49.56% |
| 2016 | 4.54 | -65.92% |
| 2015 | 13.32 | 1.14% |
| 2014 | 13.17 | N/A |
DQ's current PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
In comparison to its peer stock DOW, DQ's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DQ Daqo New Energy Corp | 7.09 | $1.18B |
| DOW Dow Inc | 35.15 | $41.78B |
DQ's price to earnings ratio is 7.09 as of May 10, 2024.
As an average over the last 3 years, DQ stock has a PE ratio of 4.68.
As an average over the last 5 years, DQ stock has a PE ratio of 11.95.
Over the last ten years, the quarterly PE ratio reached its highest level at 61.16 in the Sep 2014 quarter.
The current PE ratio of DQ is 42% lower than the 10-year historical average.
DQ's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 10, 2024), Daqo New Energy's share price is $17.93. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is N/A. Therefore, Daqo New Energy's PE ratio for today is 7.09. PE RATIO(7.09) = STOCK PRICE($17.93) / TTM EPS(N/A)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.