Vast Renewables Limited Ordinary Shares

NASDAQ:VSTE USA Solar
Market Cap
$2.37 Million
Market Cap Rank
#35823 Global
#11668 in USA
Share Price
$0.08
Change (1 day)
+31.67%
52-Week Range
$0.06 - $0.42
All Time High
$11.12
About

Vast Renewables Limited, a renewable energy company, develops and sells concentrated solar thermal power (CSP) systems. It's CSP systems are used to generate, store, and dispatch electricity and industrial heat, as well as to enable the production of green fuels. The company was incorporated in 2009 and is based in North Sydney, Australia. Vast Renewables Limited operates as a subsidiary of Agcen… Read more

Market Cap & Net Worth: Vast Renewables Limited Ordinary Shares (VSTE)

Vast Renewables Limited Ordinary Shares (NASDAQ:VSTE) has a market capitalization of $2.37 Million ($2.37 Million) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #35823 globally and #11668 in its home market, demonstrating a -1.25% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Vast Renewables Limited Ordinary Shares's stock price $0.08 by its total outstanding shares 29973600 (29.97 Million).

Vast Renewables Limited Ordinary Shares Market Cap History: 2022 to 2025

Vast Renewables Limited Ordinary Shares's market capitalization history from 2022 to 2025. Data shows change from $307.83 Million to $2.37 Million (-74.44% CAGR).

Index Memberships

Vast Renewables Limited Ordinary Shares is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Composite
IXIC
$33.26 Trillion 0.00% #2798 of 3165

Weight: Vast Renewables Limited Ordinary Shares's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Vast Renewables Limited Ordinary Shares Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Vast Renewables Limited Ordinary Shares's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

97.28x

Vast Renewables Limited Ordinary Shares's market cap is 97.28 times its annual revenue

Industry average:
0.20x
Higher than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2022 $307.83 Million $163.00K -$248.15K 1888.52x N/A
2023 $329.71 Million $268.00K -$15.22 Million 1230.26x N/A
2024 $33.27 Million $342.00K -$293.44 Million 97.28x N/A

Competitor Companies of VSTE by Market Capitalization

Companies near Vast Renewables Limited Ordinary Shares in the global market cap rankings as of March 18, 2026.

Key companies related to Vast Renewables Limited Ordinary Shares by market ranking:

  • First Solar Inc (NASDAQ:FSLR): Ranked #963 globally with a market cap of $20.23 Billion USD.
  • Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1121 globally with a market cap of $17.18 Billion USD.
  • Tongwei Co Ltd (SHG:600438): Ranked #2446 globally with a market cap of $5.96 Billion USD ( CN¥43.70 Billion CNY).
  • Enphase Energy Inc (NASDAQ:ENPH): Ranked #2636 globally with a market cap of $5.36 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#963 First Solar Inc NASDAQ:FSLR $20.23 Billion $199.48
#1121 Nextracker Inc. Class A Common Stock NASDAQ:NXT $17.18 Billion $118.09
#2446 Tongwei Co Ltd SHG:600438 $5.96 Billion CN¥19.32
#2636 Enphase Energy Inc NASDAQ:ENPH $5.36 Billion $45.89

Vast Renewables Limited Ordinary Shares Historical Marketcap From 2022 to 2025

Between 2022 and today, Vast Renewables Limited Ordinary Shares's market cap moved from $307.83 Million to $ 2.37 Million, with a yearly change of -74.44%.

Year Market Cap Change (%)
2025 $2.37 Million -92.88%
2024 $33.27 Million -89.91%
2023 $329.71 Million +7.11%
2022 $307.83 Million --

End of Day Market Cap According to Different Sources

On Mar 17th, 2026 the market cap of Vast Renewables Limited Ordinary Shares was reported to be:

Source Market Cap
Yahoo Finance $2.37 Million USD
MoneyControl $2.37 Million USD
MarketWatch $2.37 Million USD
marketcap.company $2.37 Million USD
Reuters $2.37 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.