ReneSola
SOL
$1.89
Share price
4.42%
Change (1 day)
-53.45%
Change (1 year)
Categories
ReneSola (SOL) - P/B ratio
P/B ratio as of April 2024 : 0.3002
According to ReneSola
's latest financial reports the company has a price-to-book ratio of 0.3002.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
ReneSola - P/B ratio (from 2008 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.4336 | -44.47% |
| 2022-12-31 | 0.7808 | -15.78% |
| 2021-12-31 | 0.9270 | -72.33% |
| 2020-12-31 | 3.35 | 577.08% |
| 2019-12-31 | 0.4949 | 36.18% |
| 2018-12-31 | 0.3634 | -67.53% |
| 2017-12-31 | 1.12 | 15.41% |
| 2016-12-31 | 0.9697 | -37.16% |
| 2015-12-31 | 1.54 | 45.17% |
| 2014-12-31 | 1.06 | -48.79% |
| 2013-12-31 | 2.08 | 468.53% |
| 2012-12-31 | 0.3651 | 66.2% |
| 2011-12-31 | 0.2197 | -83.04% |
| 2010-12-31 | 1.30 | 15.01% |
| 2009-12-31 | 1.13 | 41.82% |
| 2008-12-31 | 0.7942 | |
| 2007-12-31 | N/A | |
| 2006-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 DAQO New Energy DQ | 0.2470 | -17.70% | 🇨🇳 China |
 Canadian Solar
CSIQ | 0.2707 | -9.83% | 🇨🇦 Canada |
 Jinko Solar
JKS | 0.2694 | -10.24% | 🇨🇳 China |