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VIJAY PANJWANI

Learning is a key to... • 1d

Solar Stocks: Massive PE Derating – What’s Really Happening? Many solar stocks have seen sharp PE contraction — from triple-digit valuations to much more reasonable levels. This doesn’t automatically mean the sector is weak. It reflects a reset from excessive optimism to realistic expectations. 📉 Why did PEs fall? • Over-valuation during the hype phase • Higher interest rates • Supply chain & margin pressure • Market preference shifting to profitability 📈 What can drive recovery? • Strong long-term solar demand • Government policy support • Earnings catching up with valuations ⚠️ Still watch out for: • Margin pressure • Commoditization risk • Overall risk appetite in the market 🔍 The key question now isn’t “How much has fallen?” It’s “Which companies can grow earnings from here?” 💬 What’s your view — recovery ahead or more consolidation? ⚠️ For educational purposes only. Not investment advice.

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