Array Technologies
ARRY
#7166
Rank
NZ$1.14 B
Marketcap
NZ$7.42
Share price
-2.63%
Change (1 day)
-43.11%
Change (1 year)

P/E ratio for Array Technologies (ARRY)

P/E ratio as of September 2026 (TTM): -5.09

According to Array Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.08857. At the end of 2025 the company had a P/E ratio of -12.6.

P/E ratio history for Array Technologies from 2020 to 2026

PE ratio at the end of each year

Year P/E ratio Change
2025-12.6305.67%
2024-3.11-110.01%
202331.1-145.07%
2022-69.0115.6%
2021-32.0-134.3%
202093.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Novartis
NVS
19.8-490.06%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
Eli Lilly
LLY
40.4-894.64%๐Ÿ‡บ๐Ÿ‡ธ USA
Amgen
AMGN
26.1-613.55%๐Ÿ‡บ๐Ÿ‡ธ USA
AstraZeneca
AZN
23.5-561.73%๐Ÿ‡ฌ๐Ÿ‡ง UK
Onconova Therapeutics
ONTX
-0.9953-80.44%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.