ACME Solar Holdings Ltd.
ACMESOLAR
Rank in Stocks
#4951
ACME Solar Holdings Limited, a solar independent power producing company,... ACME Solar Holdings Limited, a solar independent power producing company, engages in developing, building, owning, operating, and maintaining utility scale grid connected solar power projects in India. The company owns and operates solar energy projects with installed capacity of 2540 MW; and develops and constructs solar energy projects with capacity of 3780 MW. It is also involved in the wind power and hybrid power generation business. In addition, the company provides engineering, procurement, and construction services, as well as operation and maintenance services. It serves central and state government-backed entities. The company was founded in 2003 and is based in Gurugram, India. ACME Solar Holdings Limited is a subsidiary of ACME Cleantech Solutions Limited.
Share Price
$4.12
Market Cap
$2.91B
Change (1 day)
-7.75%
Change (1 year)
24.86%
Country
IN
Trade ACME Solar Holdings Ltd. (ACMESOLAR)
Category
Utilities
P/E ratio for ACME Solar Holdings Ltd. (ACMESOLAR)
P/E ratio as of October 2026 TTM: 39.37
According to ACME Solar Holdings Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.37. At the end of 2025 the company had a P/E ratio of 42.11.
P/E ratio history for ACME Solar Holdings Ltd. from 2016 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 39.37 | -6.51% |
| 2025 | 42.11 | 91.56% |
| 2024 | 21.98 | -100.45% |
| 2023 | -4.88K | -2,074.98% |
| 2022 | 247.28 | -73.32% |
| 2021 | 926.74 | 125.77% |
| 2020 | 410.48 | 6.88% |
| 2019 | 384.05 | -329.13% |
| 2017 | -167.61 | -90.25% |
| 2016 | -1.72K | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 20.29 | -48.47% |
CN
|
|
| 27.14 | -31.06% |
US
|
|
| 25.34 | -35.63% |
US
|
|
| 25.07 | -36.32% |
IN
|
|
| 23.10 | -41.31% |
CN
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.