Solarmax Price Earnings Ratio from 2010 to 2024

SMXT Stock   1.06  0.02  1.92%   
Solarmax Technology Price Earnings Ratio yearly trend continues to be comparatively stable with very little volatility. Price Earnings Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Solarmax Technology Price Earnings Ratio quarterly data regression had mean square error of  16,571 and mean deviation of  127.89. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
409.39851789
Current Value
429.87
Quarterly Volatility
161.67760655
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Solarmax Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solarmax Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 M, Interest Expense of 1.7 M or Total Revenue of 59.6 M, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or Days Sales Outstanding of 141. Solarmax financial statements analysis is a perfect complement when working with Solarmax Technology Valuation or Volatility modules.
  
Check out the analysis of Solarmax Technology Correlation against competitors.

Latest Solarmax Technology's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Solarmax Technology Common over the last few years. It is Solarmax Technology's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Solarmax Technology's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Slightly volatile
   Price Earnings Ratio   
       Timeline  

Solarmax Price Earnings Ratio Regression Statistics

Arithmetic Mean67.55
Coefficient Of Variation239.33
Mean Deviation127.89
Median(15.08)
Standard Deviation161.68
Sample Variance26,140
Range487
R-Value0.64
Mean Square Error16,571
R-Squared0.41
Significance0.01
Slope23.19
Total Sum of Squares365,955

Solarmax Price Earnings Ratio History

2024 429.87
2023 409.4
2022 -25.9
2021 -57.22
2019 195.06
2018 -12.33

About Solarmax Technology Financial Statements

Solarmax Technology shareholders use historical fundamental indicators, such as Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Solarmax Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Solarmax Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Solarmax Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Earnings Ratio 409.40  429.87 

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Additional Tools for Solarmax Stock Analysis

When running Solarmax Technology's price analysis, check to measure Solarmax Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solarmax Technology is operating at the current time. Most of Solarmax Technology's value examination focuses on studying past and present price action to predict the probability of Solarmax Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solarmax Technology's price. Additionally, you may evaluate how the addition of Solarmax Technology to your portfolios can decrease your overall portfolio volatility.