AZREF (Azure Power Global) Earnings per Share (Diluted): $-0.63 (TTM As of Mar. 2024)

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AZREF Azure Power Global Ltd AZREF
12 GF Score
Price $1.00
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What is Azure Power Global Earnings per Share (Diluted)?

Azure Power Global AZREF 12 Earnings per Share (Diluted) is $-0.63 as of Mar. 2024. GuruFocus rates AZREF with a GF Score™ of 12/100.

Azure Power Global's Earnings per Share (Diluted) for the six months ended in Mar. 2024 was $-0.63. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.63.

Azure Power Global's EPS (Basic) for the six months ended in Mar. 2024 was $-0.63. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.63.

Azure Power Global's EPS without NRI for the six months ended in Mar. 2024 was $-0.55. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.55.


Azure Power Global  (OTCPK:AZREF) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Azure Power Global Earnings per Share (Diluted) Related Terms


Azure Power Global Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for Azure Power Global's Earnings per Share (Diluted) 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.

Azure Power Global Earnings per Share (Diluted) Chart

Azure Power Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.71 -1.20 -0.54 -0.43 -0.63

Azure Power Global Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.71 -1.20 -0.54 -0.43 -0.63

AZREF vs SAFX, VGAS, STEM: Earnings per Share (Diluted) Comparison

For the Utilities - Renewable subindustry, Azure Power Global's PE Ratio, along with its competitors' market caps and PE 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.


Azure Power Global PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Azure Power Global's PE Ratio distribution charts can be found below:

* The bar in red indicates where Azure Power Global's PE Ratio falls into.


AZREF
12GF Score
Azure Power Global Ltd AZREF
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
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Azure Power Global Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Azure Power Global's Earnings Per Share (Diluted) for the fiscal year that ended in Mar. 2024 is calculated as

Diluted Earnings Per Share (A: Mar. 2024 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(-40.291-0)/64.166
=-0.63

Azure Power Global's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2024 is calculated as

Diluted Earnings Per Share (Q: Mar. 2024 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(-40.291-0)/64.166
=-0.63

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.63

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of $-0.63 mean?
Azure Power Global (AZREF) has a Earnings per Share (Diluted) of $-0.63 as of Mar. 2024. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Azure Power Global and its competitors.
Is Azure Power Global's Earnings per Share (Diluted) too high?
Azure Power Global's current Earnings per Share (Diluted) is $-0.63. Overall, Azure Power Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Azure Power Global's Earnings per Share (Diluted) compare to SAFX and VGAS?
Azure Power Global's Earnings per Share (Diluted) of $-0.63 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for an Utilities - Independent Power Producers company?
A good Earnings per Share (Diluted) depends on the Utilities - Independent Power Producers industry context. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Azure Power Global and its competitors. Azure Power Global's current Earnings per Share (Diluted) is $-0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azure Power Global stock overvalued right now?
Azure Power Global (AZREF) has a current Earnings per Share (Diluted) of $-0.63. The current Earnings per Share (Diluted) is $-0.63. Azure Power Global's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Azure Power Global (AZREF), the current Earnings per Share (Diluted) is $-0.63 as of Mar. 2024. 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.

Azure Power Global Business Description

Address Phase II, 8th Floor, Tower A, DLF Infinity, Cyber City, Gurugram, HR, IND, 122002
Azure Power Global Ltd is a utility-scale renewable energy project developer and operator. It is engaged in the development, construction, ownership, operation, maintenance, and management of renewable energy assets based on long-term contracts (Power Purchase Agreements or PPA) with Indian Government energy distribution companies, as well as other Indian non-governmental energy distribution companies and commercial customers.
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Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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