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/S ratio for Nextracker Inc. (NXT)
P/S ratio as of 2024: 1.73
According to Nextracker Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.73. At the end of 2023 the company had a P/S ratio of 0.87.
P/S ratio history for Nextracker Inc. from 2019 to 2024
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2024 | 1.73 |
| 2023 | 0.87 |
| 2022 | 0.96 |
| 2021 | 0.98 |
| 2020 | 1.00 |
| 2019 | 1.78 |