Trina Solar Co., Ltd. operates as an integrated solar power products manufacturer and solar system developer in China, Europe, the United States, and other Asia Pacific regions. The company designs, develops, manufactures, and sells photovoltaic (PV) modules comprising monocrystalline and multicrystalline PV modules ranging in various power outputs for use in residential, commercial, industrial, and other solar power generation systems. It also provides mono- and multi-crystalline silicon ingots, wafers, cells, and related products. In addition, the company designs, constructs, sells, and/or operates solar power projects. It sells its products to power plant developers and operators, distributors, wholesalers, PV system integrators, and regional and national grid operators. Trina Solar Co., Ltd. was founded in 1997 and is headquartered in Changzhou, China.
P/B ratio for Trina Solar Co., Ltd (688599.SS)
P/B ratio as of 2023: 1.96
According to Trina Solar Co., Ltd's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.96. At the end of 2022 the company had a P/B ratio of 5.18.
P/B ratio history for Trina Solar Co., Ltd from 2003 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.96 |
| 2022 | 5.18 |
| 2021 | 9.56 |
| 2020 | 3.17 |
| 2019 | 2.56 |
| 2018 | 2.64 |
| 2017 | 2.35 |
| 2016 | 8.52 |
| 2015 | 10.66 |
| 2014 | 11.07 |
| 2013 | 12.28 |
| 2012 | 11.07 |
| 2011 | 8.39 |
| 2010 | 7.57 |
| 2009 | 10.14 |
| 2008 | 14.51 |
| 2007 | 14.95 |
| 2006 | 0.00 |
| 2005 | 0.00 |
| 2004 | 0.00 |
| 2003 | 0.00 |