Daqo New Energy (Daqo New Energy) Forward PE Ratio

: 4.42 (As of Today)

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Daqo New Energy's Forward PE Ratio for today is 4.42.

Daqo New Energy's PE Ratio without NRI for today is 2.36.

Daqo New Energy's PE Ratio for today is 4.20.

Daqo New Energy Forward PE Ratio Historical Data

The historical data trend for Daqo New Energy's Forward PE 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.

* Premium members only.

Daqo New Energy Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

8.67

4.10

10.32

4.61

5.65

17.04

3.01

1.94

5.96

4.49

Daqo New Energy Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	8.67	8.54	4.72	5.18	4.10	3.20	4.17	5.61	10.32	8.06	3.44	4.20	4.61	6.10	8.24	4.41	5.65	5.55	10.17	8.15	17.04	11.35	7.40	5.51	3.01	2.15	2.79	2.81	1.94	2.34	2.41	3.62	5.96	5.41

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Daqo New Energy's Forward PE Ratio, along with its competitors' market caps and Forward 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.

Daqo New Energy Forward PE Ratio Distribution

For the Semiconductors industry and Technology sector, Daqo New Energy's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Daqo New Energy's Forward PE Ratio falls into.

Daqo New Energy Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Daqo New Energy (NYSE:DQ) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Daqo New Energy Forward PE Ratio Related Terms

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Daqo New Energy (Daqo New Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Daqo New Energy Corp (NYSE:DQ) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

DQ:Mexico 5DQ2:Germany

Address

No. 838 Zhangyang Road, Room C,29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122

Website

http://www.dqsolar.com

Daqo New Energy Corp is a polysilicon manufacturer based in China. The company is engaged in the manufacturing and selling of high-purity polysilicon to photovoltaic product manufacturers who processed polysilicon into ingots, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification needs. All of its revenues gets derived from the People's Republic of China.