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SOL logoEmeren Group, Ltd. (SOL) P/E Ratio History

Historical price-to-earnings valuation from 2008 to 2023

Current P/E
-8.1
Undervalued
5Y Avg P/E
68.7
-112% vs avg
PE Percentile
0%
Low
PEG Ratio
N/A
N/A
TTM EPS$-0.10
Price$1.94
5Y PE Range0.6 - 595.0
Earnings YieldN/A

Loading P/E history...

SOL Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
-8.1vs68.7
-112%
Cheap vs History
vs. Energy
-8.1vs16.8
-148%
Below Sector
vs. S&P 500
-8.1vs25.1
-132%
Below Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on -329% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 7, 2026, Emeren Group, Ltd. (SOL) trades at a price-to-earnings ratio of -8.1x, with a stock price of $1.94 and trailing twelve-month earnings per share of $-0.10.

The current P/E is 112% below its 5-year average of 68.7x. Over the past five years, SOL's P/E has ranged from a low of 0.6x to a high of 595.0x, placing the current valuation at the 0th percentile of its historical range.

Compared to the Energy sector median P/E of 16.8x, SOL trades at a 148% discount to its sector peers. The sector includes 173 companies with P/E ratios ranging from 3.2x to 186.1x.

Relative to the broader market, SOL trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our SOL DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

SOL P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
SHLS logoSHLSShoals Technologies Group, Inc.
$1B39.2-+43%
CWEN logoCWENClearway Energy, Inc.
$8B26.90.59+89%
FSLR logoFSLRFirst Solar, Inc.
$23B15.10.49Best+18%
RUN logoRUNSunrun Inc.
$3B8.1Lowest-+113%Best
NEE logoNEENextEra Energy, Inc.
$195B28.41.64-2%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

SOL Historical P/E Data (2008–2023)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2023 Q3Sat Sep 30 2023 00:00:00 GM$3.08$0.0565.5x+16%
FY2023 Q2Fri Jun 30 2023 00:00:00 GM$3.79$0.2614.5x-74%
FY2023 Q1Fri Mar 31 2023 00:00:00 GM$4.45$0.1237.4x-34%
FY2022 Q4Sat Dec 31 2022 00:00:00 GM$4.52$0.0949.1x-13%
FY2022 Q1$5.81$0.06101.9x+80%
FY2021 Q4Fri Dec 31 2021 00:00:00 GM$5.96$0.1061.4x+8%
FY2021 Q3$6.57$0.1641.1x-28%
FY2021 Q2Wed Jun 30 2021 00:00:00 GM$9.10$0.1947.9x-15%
FY2021 Q1Wed Mar 31 2021 00:00:00 GM$12.33$0.1582.2x+45%
FY2020 Q4$11.43$0.05233.3x+312%
FY2018 Q4Mon Dec 31 2018 00:00:00 GM$1.19$0.00595.0x+951%
FY2018 Q3Sun Sep 30 2018 00:00:00 GM$2.02$0.1712.1x-79%

Average P/E for displayed period: 56.6x

See SOL's True Return

Price is only half the story. See total return with reinvested dividends.

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Is SOL Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare SOL vs SOC

Side-by-side business, growth, and profitability comparison vs Sable Offshore Corp..

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SOL — Frequently Asked Questions

Quick answers to the most common questions about buying SOL stock.

Is SOL stock overvalued or undervalued?

SOL trades at -8.1x P/E, below its 5-year average of 68.7x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.

How does SOL's valuation compare to peers?

Emeren Group, Ltd. P/E of -8.1x compares to sector median of 16.8x. The discount suggests lower growth expectations or higher risk.

What is SOL's PEG ratio?

SOL PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2008-2023.

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SOL P/E Ratio History (2008–2023)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.