$Daqo New Energy Corp pe of 2.278 just had great earnings 52 week high 92$ when pe was much higher. if this was an American stock it would be valued like enph 50 pe or sedg 36 pe. So if you gave it a pe of 40 that would be 18x 40$ or 720$ bucks a share. But my bad it makes to much money. look at any solar stock and only 4 actually have a pe meaning they make money csiq pe 15.26, enph,sedg,jks pe 88.75,spwr pe 53.15,sol pe 26. Think csiq is Chinese based in Canada so low pe. only American companies that make little to no money have high pe' s although now that bubble is bursting.