Jinkosolar Holding Stock Price To Earning
JKS Stock | USD 21.67 0.74 3.30% |
JinkoSolar Holding fundamentals help investors to digest information that contributes to JinkoSolar Holding's financial success or failures. It also enables traders to predict the movement of JinkoSolar Stock. The fundamental analysis module provides a way to measure JinkoSolar Holding'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 JinkoSolar Holding stock.
JinkoSolar | Price To Earning |
JinkoSolar Holding Company Price To Earning Analysis
JinkoSolar Holding'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.
Current JinkoSolar Holding Price To Earning | 106.24 X |
Most of JinkoSolar Holding'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, JinkoSolar Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
JinkoSolar Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for JinkoSolar Holding is extremely important. It helps to project a fair market value of JinkoSolar Stock properly, considering its historical fundamentals such as Price To Earning. Since JinkoSolar Holding'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 JinkoSolar Holding'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 JinkoSolar Holding'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.
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JinkoSolar Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, JinkoSolar Holding has a Price To Earning of 106 times. This is 283.82% higher than that of the Semiconductors & Semiconductor Equipment sector and 99.4% higher than that of the Information Technology industry. The price to earning for all United States stocks is notably lower than that of the firm.
JinkoSolar Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses JinkoSolar Holding'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 JinkoSolar Holding could also be used in its relative valuation, which is a method of valuing JinkoSolar Holding by comparing valuation metrics of similar companies.JinkoSolar Holding is currently under evaluation in price to earning category among its peers.
JinkoSolar Holding Current Valuation Drivers
We derive many important indicators used in calculating different scores of JinkoSolar Holding from analyzing JinkoSolar Holding's financial statements. These drivers represent accounts that assess JinkoSolar Holding's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of JinkoSolar Holding's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 6.6B | 18.1B | 15.0B | 14.0B | 14.8B | 15.6B | |
Enterprise Value | 21.0B | 38.2B | 44.0B | 51.5B | 55.6B | 58.4B |
JinkoSolar Holding ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, JinkoSolar Holding's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to JinkoSolar Holding's managers, analysts, and investors.Environmental | Governance | Social |
JinkoSolar Fundamentals
Return On Equity | 0.0344 | ||||
Return On Asset | -5.0E-4 | ||||
Profit Margin | 0.01 % | ||||
Operating Margin | 0.01 % | ||||
Current Valuation | 4.92 B | ||||
Shares Outstanding | 49.31 M | ||||
Shares Owned By Insiders | 33.87 % | ||||
Shares Owned By Institutions | 25.97 % | ||||
Number Of Shares Shorted | 5 M | ||||
Price To Earning | 106.24 X | ||||
Price To Book | 0.40 X | ||||
Price To Sales | 0.01 X | ||||
Revenue | 118.68 B | ||||
Gross Profit | 12.35 B | ||||
EBITDA | 16.85 B | ||||
Net Income | 6.45 B | ||||
Cash And Equivalents | 10.37 B | ||||
Cash Per Share | 287.48 X | ||||
Total Debt | 56.79 B | ||||
Debt To Equity | 2.23 % | ||||
Current Ratio | 1.09 X | ||||
Book Value Per Share | 392.72 X | ||||
Cash Flow From Operations | 13.83 B | ||||
Short Ratio | 1.79 X | ||||
Earnings Per Share | 0.76 X | ||||
Price To Earnings To Growth | 0.26 X | ||||
Target Price | 30.97 | ||||
Number Of Employees | 57.4 K | ||||
Beta | 0.41 | ||||
Market Capitalization | 1.11 B | ||||
Total Asset | 135.83 B | ||||
Retained Earnings | 9.14 B | ||||
Working Capital | 1.88 B | ||||
Current Asset | 14.59 B | ||||
Current Liabilities | 15.23 B | ||||
Annual Yield | 0.13 % | ||||
Net Asset | 135.83 B |
About JinkoSolar Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze JinkoSolar Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JinkoSolar Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JinkoSolar Holding 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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Additional Tools for JinkoSolar Stock Analysis
When running JinkoSolar Holding's price analysis, check to measure JinkoSolar Holding'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 JinkoSolar Holding is operating at the current time. Most of JinkoSolar Holding's value examination focuses on studying past and present price action to predict the probability of JinkoSolar Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JinkoSolar Holding's price. Additionally, you may evaluate how the addition of JinkoSolar Holding to your portfolios can decrease your overall portfolio volatility.