Clean Energy Technologies, Stock Price To Earning

CETY Stock  USD 0.75  0.05  7.14%   
Clean Energy Technologies, fundamentals help investors to digest information that contributes to Clean Energy's financial success or failures. It also enables traders to predict the movement of Clean Stock. The fundamental analysis module provides a way to measure Clean Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clean Energy stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Clean Energy Technologies, Company Price To Earning Analysis

Clean Energy's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Clean Energy Price To Earning

    
  (1.85) X  
Most of Clean Energy's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Clean Energy Technologies, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Clean Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Clean Energy is extremely important. It helps to project a fair market value of Clean Stock properly, considering its historical fundamentals such as Price To Earning. Since Clean Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Clean Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Clean Energy's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Clean Retained Earnings

Retained Earnings

(21.83 Million)

Clean Energy reported Retained Earnings of (22.98 Million) in 2023
Based on the latest financial disclosure, Clean Energy Technologies, has a Price To Earning of -1.85 times. This is 109.35% lower than that of the Electrical Equipment sector and significantly lower than that of the Industrials industry. The price to earning for all United States stocks is 106.44% higher than that of the company.

Clean Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clean Energy's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Clean Energy could also be used in its relative valuation, which is a method of valuing Clean Energy by comparing valuation metrics of similar companies.
Clean Energy is currently under evaluation in price to earning category among its peers.

Clean Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Clean Energy from analyzing Clean Energy's financial statements. These drivers represent accounts that assess Clean Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Clean Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap12.2M46.1M19.8M77.5M69.8M73.2M
Enterprise Value17.4M52.7M25.6M81.8M73.6M77.3M

Clean Fundamentals

About Clean Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clean Energy Technologies,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clean Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clean Energy Technologies, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Clean Stock Analysis

When running Clean Energy's price analysis, check to measure Clean Energy'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 Clean Energy is operating at the current time. Most of Clean Energy's value examination focuses on studying past and present price action to predict the probability of Clean Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Energy's price. Additionally, you may evaluate how the addition of Clean Energy to your portfolios can decrease your overall portfolio volatility.