Metrics to compare | PEME | Peers Peers - average of corresponding metrics from companies closely matching PEME: ADANIENT, WEBELSOLAR, TATAPOWER, 6323, AEIS | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipPEMEPeersSector |
|---|---|---|---|---|
P/E Ratio | 27.4x | 30.0x | 12.3x | |
PEG Ratio | 0.41 | 1.50 | 0.01 | |
Price/Book | 10.6x | 5.0x | 2.4x | |
Price / LTM Sales | 5.4x | 3.8x | 2.3x | |
Upside (Analyst Target) | 15.0% | 30.5% | 34.4% | |
Fair Value Upside | Unlock | −4.2% | 5.7% | Unlock |
Premier Energies Limited, together with its subsidiaries, manufactures, sells, and trades in solar cells and modules in India and internationally. The company offers P-type mono PERC and N-type TOPCon photovoltaic cells, including M10R 10BB mono PERC solar cells, G12R 16BB n-type bifacial solar cells, and G12R 0BB n-type bifacial solar cells; and a range of p-type mono PERC and n-type TOPCon bifacial solar modules across various glass back sheet configurations using M10, M10R, and G12R cells. It also provides engineering, procurement, and construction services across ground mounted, rooftop, floating, canal-top, and hybrid projects; operations and maintenance solutions; battery energy storage systems (BESS) for cell-pack and pack-container solutions; aluminium frames; and inverter duty, power, distribution, LV dry-type, compact substation, and BESS transformers. In addition, the company trades in silicon wafers and other accessories. Further, it undertakes construction/project-related activities. The company serves solar project developers; engineering, procurement, and construction (EPC) firms; government agencies; and residential and large corporate clients involved in utility-scale, commercial, industrial, and rooftop solar projects. It exports its products. The company has collaborations with RENA Technologies GmbH for advanced wet-chemical processes for n-type, TOPCon, and silicon-perovskite tandem technologies; and BITS Pilani. Premier Energies Limited was incorporated in 1995 and is headquartered in Hyderabad, India.