Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.
P/B ratio for Nextracker Inc. (NXT)
P/B ratio as of 2024: 4.51
According to Nextracker Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.51. At the end of 2023 the company had a P/B ratio of -0.54.
P/B ratio history for Nextracker Inc. from 2019 to 2024
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2024 | 4.51 |
| 2023 | -0.54 |
| 2022 | -460.35 |
| 2021 | 2.57 |
| 2020 | 5.08 |
| 2019 | 3.27 |