Has the Filipino Renewable Energy Industry valuation changed over the past few years?
|Fri, 21 Jan 2022||₱779.9b||₱390.8b||₱43.9b||13x|
|Sun, 19 Dec 2021||₱802.4b||₱387.4b||₱43.4b||13x|
|Tue, 16 Nov 2021||₱853.7b||₱367.9b||₱38.5b||13x|
|Thu, 14 Oct 2021||₱845.6b||₱369.9b||₱38.2b||12.6x|
|Sat, 11 Sep 2021||₱775.2b||₱366.0b||₱37.6b||12.4x|
|Mon, 09 Aug 2021||₱683.6b||₱366.0b||₱37.6b||11.8x|
|Sun, 02 May 2021||₱471.3b||₱340.8b||₱34.7b||11.3x|
|Wed, 03 Feb 2021||₱438.4b||₱341.3b||₱29.5b||11.8x|
|Sat, 07 Nov 2020||₱402.3b||₱352.2b||₱29.7b||11.6x|
|Fri, 31 Jul 2020||₱347.5b||₱366.6b||₱33.5b||7.5x|
|Mon, 04 May 2020||₱329.9b||₱394.2b||₱38.5b||6.2x|
|Thu, 06 Feb 2020||₱377.8b||₱400.0b||₱41.1b||7.7x|
|Sun, 10 Nov 2019||₱459.2b||₱400.8b||₱44.5b||6.9x|
|Sat, 03 Aug 2019||₱428.6b||₱403.9b||₱47.1b||6.9x|
|Tue, 07 May 2019||₱422.1b||₱398.6b||₱44.2b||7.4x|
|Fri, 08 Feb 2019||₱421.6b||₱389.2b||₱41.2b||8.5x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Renewable Energy industry have grown 2.2% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Which industries have driven the changes within the Filipino Renewable Energy industry?
|Independent Power Producers and Energy Traders||5.31%|
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 9.4x. This is likely because analysts are expecting annual earnings growth of 21%, which is higher than its past year's earnings growth of 6.1% per year.
Forecasted Growth: Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 21% over the next 5 years. This is better than it's past earnings growth rate of 6.1% per year.
Which companies have driven the market over the last 7 days?