Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates hydroelectric facilities, and wind and solar farms, as well as energy storage facilities. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. As of February 23, 2022, it owned and operated 80 facilities with a net installed capacity of 3,101 megawatts, which included 40 hydroelectric facilities, 33 watersheds, 32 wind farms, and 8 solar farms; and had interests in under development and prospective projects at various stages of development. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada.
P/B ratio for Innergex Renewable Energy Inc. (INE.TO)
P/B ratio as of 2023: 1.70
According to Innergex Renewable Energy Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.70. At the end of 2022 the company had a P/B ratio of 2.48.
P/B ratio history for Innergex Renewable Energy Inc. from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.70 |
| 2022 | 2.48 |
| 2021 | 3.08 |
| 2020 | 4.62 |
| 2019 | 3.76 |
| 2018 | 2.59 |
| 2017 | 3.61 |
| 2016 | 3.19 |
| 2015 | 2.58 |
| 2014 | 2.17 |
| 2013 | 1.72 |
| 2012 | 1.54 |
| 2011 | 1.68 |
| 2010 | 1.59 |
| 2009 | 1.29 |
| 2008 | 0.47 |
| 2007 | 0.18 |
| 2006 | 8.20 |