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DQ Daqo New Energy PE ratio, current and historical analysis

The current PE ratio for Daqo New Energy stock as of Jul 12, 2024 is 6.68. This is calculated based on the TTM EPS of N/A and the stock price of $16.89 per share. The PE ratio has grown by 21% from its last 4 quarters average of 5.5.

DQ PE ratio history

How has DQ's PE ratio performed in the past

The average historical PE ratio of Daqo New Energy for the last ten years is 12.27. The current P/E ratio of 6.68 is 46% 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.

Average
12.27
Median
6.49
Minimum
1.61
Maximum
61.16

Daqo New Energy PE ratio by year

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 average PE ratio chart

What is the average PE ratio of DQ for the past years

DQ's current PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.

3-year avg
4.04
5-year avg
11.95
10-year avg
12.27
15-year avg
N/A

DQ PE vs peers

What is DQ's PE ratio compared to its peers

In comparison to its peer stock DOW, DQ's PE ratio is lower.

Stock name PE ratio Market cap
DQ Daqo New Energy Corp 6.68 $1.11B
DOW Dow Inc 31.31 $37.21B

Frequently asked questions

What is Daqo New Energy's PE ratio?

DQ's price to earnings ratio is 6.68 as of Jul 12, 2024.

What is the 3-year average PE ratio for Daqo New Energy (DQ)?

As an average over the last 3 years, DQ stock has a PE ratio of 4.04.

What is the 5-year average PE ratio for Daqo New Energy (DQ)?

As an average over the last 5 years, DQ stock has a PE ratio of 11.95.

What is the highest PE ratio for DQ?

Over the last ten years, the quarterly PE ratio reached its highest level at 61.16 in the Sep 2014 quarter.

How does the current PE ratio for DQ compare to its historical average?

The current PE ratio of DQ is 46% lower than the 10-year historical average.

Why is Daqo New Energy's PE ratio so low?

DQ's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

How is DQ's PE ratio calculated (Daqo New Energy PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 12, 2024), Daqo New Energy's share price is $16.89. 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 6.68. PE RATIO(6.68) = STOCK PRICE($16.89) / TTM EPS(N/A)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.