Foresight Solar & Technology VCT plc P/E
What is the P/E of Foresight Solar & Technology VCT plc?
The P/E of Foresight Solar & Technology VCT plc is 0.11
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Finance sector on LSE compared to Foresight Solar & Technology VCT plc
What does Foresight Solar & Technology VCT plc do?
Foresight Solar & Infrastructure VCT plc is a venture capital trust of Foresight Group. The fund aims to generate returns through tax free dividends, by investing in a portfolio of new electricity generation projects in the very short term as well as longer term energy related infrastructure investments such as smart meters, and solar power generating systems supported by the United Kingdom government's Feed-in Tariff scheme. It invests in solar projects throughout Europe. The fund is a five-year planned exit VCT with an option to remain in the fund as a longer-term investor.
Companies with p/e similar to Foresight Solar & Technology VCT plc
- ATA Creativity Global has P/E of 0.10
- Dollar General has P/E of 0.10
- First Republic Bank has P/E of 0.10
- Regions has P/E of 0.11
- Sberbank Russia OJSC has P/E of 0.11
- The Interpublic of Companies has P/E of 0.11
- Foresight Solar & Technology VCT plc has P/E of 0.11
- Sonendo has P/E of 0.11
- China Evergrande has P/E of 0.11
- Oxford Technology VCT 4 has P/E of 0.11
- Lassila & Tikanoja Oyj has P/E of 0.11
- Antelope Enterprise has P/E of 0.11
- Kubota has P/E of 0.11