ReneSola (SOL) - P/S ratio

P/S ratio as of November 2024 (TTM): 1.22

According to ReneSola 's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.3643. At the end of 2024 the company had a P/S ratio of 0.8295.

P/S ratio history for ReneSola from 2008 to 2024

PS ratio at the end of each year

Year	P/S ratio	Change
2024	0.8295	-43.96%
2023	1.48	-72.53%
2022	5.39	3.28%
2021	5.22	-37.53%
2020	8.35	1361.93%
2019	0.5714	22.24%
2018	0.4675	-52.46%
2017	0.9834	1325.52%
2016	0.0690	-48.8%
2015	0.1347	46.44%
2014	0.0920	-60.15%
2013	0.2309	68.17%
2012	0.1373	2.43%
2011	0.1340	-78.73%
2010	0.6302	-8.27%
2009	0.6870	51.75%
2008	0.4527

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
Jinko Solar JKS	0.0881	-92.80%	🇨🇳 China
DAQO New Energy DQ	0.9643	-21.10%	🇨🇳 China
Canadian Solar CSIQ	0.1622	-86.73%	🇨🇦 Canada

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for ReneSola (SOL)

P/S ratio as of November 2024 (TTM): 1.22