Solar Alliance Energy Stock Price To Earning

SOLR Stock  CAD 0.04  0.01  33.33%   
Solar Alliance Energy fundamentals help investors to digest information that contributes to Solar Alliance's financial success or failures. It also enables traders to predict the movement of Solar Stock. The fundamental analysis module provides a way to measure Solar Alliance'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 Solar Alliance 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.

Solar Alliance Energy Company Price To Earning Analysis

Solar Alliance'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

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Solar Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Solar Alliance is extremely important. It helps to project a fair market value of Solar Stock properly, considering its historical fundamentals such as Price To Earning. Since Solar Alliance'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 Solar Alliance'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 Solar Alliance's interrelated accounts and indicators.
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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Solar Retained Earnings

Retained Earnings

(72.31 Million)

Solar Alliance reported Retained Earnings of (68.87 Million) in 2023
Based on the latest financial disclosure, Solar Alliance Energy has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Semiconductors & Semiconductor Equipment sector and 100.0% lower than that of the Information Technology industry. The price to earning for all Canada stocks is 100.0% higher than that of the company.

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Solar Fundamentals

About Solar Alliance Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Solar Alliance Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solar Alliance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solar Alliance Energy 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 Solar Stock Analysis

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