PNE AGXTER:PNE3 -0.37%67 Current Ratio is 1.42 as of Mar. 2026, which is 45% below its 10-year median of 2.58. GuruFocus rates XTER:PNE3 with a GF Score™ of 67/100 and a GF Value™ of €27.07 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, PNE AG ranks better than 52.69% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. PNE AG's current ratio for the quarter that ended in Mar. 2026 was 1.42.
PNE AG has a current ratio of 1.42. It generally indicates good short-term financial strength.
The historical rank and industry rank for PNE AG's Current Ratio or its related term are showing as below:
XTER:PNE3'
s Current Ratio Range Over the Past 10 Years
Min: 1.38 Med: 2.58 Max: 4.26
Current: 1.42
During the past 13 years, PNE AG's highest Current Ratio was 4.26. The lowest was 1.38. And the median was 2.58.
XTER:PNE3's Current Ratio is ranked better than 52.69% of 446
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.36
vs XTER:PNE3: 1.42
PNE AG (XTER:PNE3) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
PNE AG Current Ratio Related Terms
PNE AG Current Ratio Historical Data
* Premium members only.
The historical data trend for PNE AG's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Renewable subindustry, PNE AG's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PNE AG Current Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PNE AG's Current Ratio distribution charts can be found below:
* The bar in red indicates where PNE AG's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PNE AG (XTER:PNE3) has a Current Ratio of 1.42 as of Mar. 2026. This is 45% below median its historical median of 2.58. Over the past decade, PNE AG's Current Ratio has ranged from 1.38 to 4.26. According to the industry distribution chart, PNE AG ranks #211 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 47.3%.
Is PNE AG's Current Ratio too high?
PNE AG's current Current Ratio of 1.42 is 45% below median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 4.26. The Utilities - Independent Power Producers industry median Current Ratio is 1.36. PNE AG's value of 1.42 is 4.4% above this industry median. Based on the distribution chart, PNE AG ranks #211 out of 446 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, PNE AG has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PNE AG's Current Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, PNE AG ranks #211 out of 446 companies for Current Ratio. This puts PNE AG in the upper half of its industry. The industry median Current Ratio is 1.36. PNE AG's value of 1.42 is 4.4% above this benchmark. Historically, PNE AG's own Current Ratio has ranged from 1.38 to 4.26 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 1.36, PNE AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.36, based on 446 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PNE AG's current Current Ratio of 1.42 is 4.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PNE AG's current Current Ratio is 1.42, which is 45% below median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE AG stock overvalued right now?
Based on GuruFocus' analysis, PNE AG (XTER:PNE3) is currently considered Possible Value Trap. The stock's GF Value™ is €27.07, compared to a current price of €10.66 — trading 60.6% below its estimated fair value. The current Current Ratio is 1.42, which is 45% below median its 10-year median of 2.58 and 4.4% above the Utilities - Independent Power Producers industry median of 1.36. PNE AG's overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For PNE AG (XTER:PNE3), the current Current Ratio is 1.42 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PNE AG (XTER:PNE3) Overvalued in 2026?
Based on GuruFocus' analysis, PNE AG stock appears to be undervalued.
The current stock price of €10.66 is trading 60.6% below its estimated GF Value™ of €27.07.
GuruFocus considers PNE AG to be Possible Value Trap.
Key valuation signals for XTER:PNE3:
Current Ratio: 1.42 (45% below median its 10-year median of 2.58)
GF Value™: €27.07 vs. price of €10.66 (60.6% below fair value)
Industry Position: 4.4% above the Utilities - Independent Power Producers median (#211 of 446)
No single metric tells the full story. See the XTER:PNE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PNE AG is a developer of projects in the renewable energy sector. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: project development (project planning of wind energy and photovoltaic projects), power generation, and services (management and servicing of wind farms and PV power plants as well as revenues from transformer station usage fees). In the power generation segment, revenues were achieved by the sale of electricity from ongoing operations of wind farms and of the Silbitz biomass power station. Key revenue is generated from power generation segment.
67GF Score
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