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Sri Lankan (CSE) Renewable Energy Industry Analysis
UpdatedApr 15, 2025
DataAggregated Company Financials
Companies8
- 7D3.7%
- 3M-1.6%
- 1Y40.1%
- YTD-1.0%
Over the last 7 days, the Renewable Energy industry has risen 3.7%, driven by gains from every company within the industry. In the last 12 months, the industry was up 40%.
Industry Valuation and Performance
Has the Sri Lankan Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Apr 2025 | LK₨72.7b | LK₨20.6b | LK₨5.9b | 11.3x | 12.3x | 3.5x |
| Thu, 13 Mar 2025 | LK₨74.0b | LK₨20.6b | LK₨5.9b | 11.6x | 12.5x | 3.6x |
| Sat, 08 Feb 2025 | LK₨76.8b | LK₨20.8b | LK₨6.0b | 12.6x | 12.9x | 3.7x |
| Mon, 06 Jan 2025 | LK₨72.9b | LK₨20.8b | LK₨6.0b | 11.3x | 12.2x | 3.5x |
| Wed, 04 Dec 2024 | LK₨65.8b | LK₨20.8b | LK₨6.0b | 10x | 11x | 3.2x |
| Fri, 01 Nov 2024 | LK₨63.2b | LK₨20.2b | LK₨5.8b | 9.9x | 11x | 3.1x |
| Sun, 29 Sep 2024 | LK₨59.0b | LK₨20.2b | LK₨5.8b | 9.6x | 10.2x | 2.9x |
| Tue, 27 Aug 2024 | LK₨57.3b | LK₨20.2b | LK₨5.8b | 8.9x | 9.9x | 2.8x |
| Thu, 25 Jul 2024 | LK₨57.0b | LK₨18.0b | LK₨4.3b | 13.7x | 13.2x | 3.2x |
| Sat, 22 Jun 2024 | LK₨54.6b | LK₨18.0b | LK₨4.3b | 13.6x | 12.6x | 3x |
| Mon, 20 May 2024 | LK₨52.6b | LK₨16.3b | LK₨2.7b | 8.8x | 19.2x | 3.2x |
| Wed, 17 Apr 2024 | LK₨51.5b | LK₨16.0b | LK₨2.8b | 7x | 18.2x | 3.2x |
| Fri, 15 Mar 2024 | LK₨49.8b | LK₨16.0b | LK₨2.8b | 6.7x | 17.6x | 3.1x |
| Sun, 11 Feb 2024 | LK₨49.1b | LK₨15.6b | LK₨4.1b | 7.8x | 12x | 3.2x |
| Tue, 09 Jan 2024 | LK₨48.5b | LK₨14.6b | LK₨4.2b | 8.1x | 11.7x | 3.3x |
| Thu, 07 Dec 2023 | LK₨48.0b | LK₨14.6b | LK₨4.2b | 7.8x | 11.6x | 3.3x |
| Sat, 04 Nov 2023 | LK₨47.3b | LK₨13.2b | LK₨2.2b | 14.5x | 21.5x | 3.6x |
| Mon, 02 Oct 2023 | LK₨47.1b | LK₨13.2b | LK₨2.2b | 14.4x | 21.4x | 3.6x |
| Wed, 30 Aug 2023 | LK₨48.0b | LK₨13.2b | LK₨2.2b | 14.7x | 21.8x | 3.6x |
| Fri, 28 Jul 2023 | LK₨46.0b | LK₨13.4b | LK₨2.4b | 8.8x | 18.9x | 3.4x |
| Sun, 25 Jun 2023 | LK₨43.2b | LK₨13.3b | LK₨2.3b | 9.1x | 18.9x | 3.2x |
| Tue, 23 May 2023 | LK₨42.9b | LK₨12.9b | LK₨1.6b | 9.5x | 27.5x | 3.3x |
| Thu, 20 Apr 2023 | LK₨44.0b | LK₨12.6b | LK₨1.7b | 11x | 25.6x | 3.5x |
| Sat, 18 Mar 2023 | LK₨44.6b | LK₨12.6b | LK₨1.7b | 11.1x | 26x | 3.5x |
| Mon, 13 Feb 2023 | LK₨41.7b | LK₨12.8b | LK₨491.6m | 9.3x | 84.9x | 3.3x |
| Wed, 11 Jan 2023 | LK₨41.9b | LK₨12.5b | LK₨751.2m | 6.7x | 55.8x | 3.4x |
| Fri, 09 Dec 2022 | LK₨41.7b | LK₨12.5b | LK₨751.2m | 6.7x | 55.5x | 3.3x |
| Sun, 06 Nov 2022 | LK₨43.3b | LK₨12.2b | LK₨2.6b | 9.4x | 16.8x | 3.6x |
| Tue, 04 Oct 2022 | LK₨47.0b | LK₨12.2b | LK₨2.6b | 9.4x | 18.3x | 3.9x |
| Thu, 01 Sep 2022 | LK₨45.8b | LK₨12.1b | LK₨2.6b | 9.8x | 17.5x | 3.8x |
| Sat, 30 Jul 2022 | LK₨43.9b | LK₨11.7b | LK₨3.2b | 7.1x | 13.7x | 3.7x |
| Mon, 27 Jun 2022 | LK₨41.1b | LK₨11.7b | LK₨3.1b | 6.7x | 13.1x | 3.5x |
| Wed, 25 May 2022 | LK₨45.5b | LK₨11.7b | LK₨5.5b | 7.9x | 8.3x | 3.9x |
| Fri, 22 Apr 2022 | LK₨45.0b | LK₨11.7b | LK₨5.5b | 7.8x | 8.2x | 3.8x |
Price to Earnings Ratio
8.2x
Current Industry PE
- Investors are pessimistic on the Sri Lankan Renewable Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.3x which is lower than its 3-year average PE of 19.2x.
- The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 2.7% per year over the last three years.
- Revenues for these companies have grown 21% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Sri Lankan Utilities industry?
| LK Market | 5.42% | |
| Utilities | 3.72% | |
| Renewable Energy | 3.72% | |
| Independent Power Producers and Energy Traders | 4.20% | |
| Renewable Energy | 3.31% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 16.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 26.7x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WIND.N0000 WindForce | LK₨24.80 | 4.2% +LK₨1.4b | 25.3% | PE20.3x | |
| VPEL.N0000 Vallibel Power Erathna | LK₨13.00 | 5.7% +LK₨523.0m | 71.1% | PE10.6x | |
| VLL.N0000 Vidullanka | LK₨13.40 | 2.3% +LK₨308.2m | 81.7% | PE8.7x | |
| LVEF.N0000 LVL Energy Fund | LK₨5.70 | 3.6% +LK₨139.7m | 21.3% | PE7x | |
| PAP.N0000 Panasian Power | LK₨6.80 | 3.0% +LK₨125.0m | 74.4% | PE14.7x |