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/E ratio for Nextracker Inc. (NXT)
P/E ratio as of 2024: 14.14
According to Nextracker Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.14. At the end of 2023 the company had a P/E ratio of 1455.67.
P/E ratio history for Nextracker Inc. from 2019 to 2024
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2024 | 14.14 |
| 2023 | 1455.67 |
| 2022 | 27.44 |
| 2021 | 9.44 |
| 2020 | 9.93 |
| 2019 | -738.22 |