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RENAISSANCE GLOBAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of RENAISSANCE GLOBAL is 15.39.

Share Price ₹115.8Apr 22,2024
Market Cap ₹1,112.5 Cr
Earnings-TTM₹72.3 CrTTM-Consolidated Results
Price/Earnings15.39xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RENAISSANCE GLOBAL

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of RENAISSANCE GLOBAL is calculated as :

Current Market Cap [ ₹1,112.5 Cr] as on Apr 22,2024

(/) Earnings [ ₹72.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 15.39x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for RENAISSANCE GLOBAL , the investors are currently willing to pay 15.39 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of RENAISSANCE GLOBAL !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of RENAISSANCE GLOBAL over the last five years.

Historical PE (Price/Earnings) ratio chart of RENAISSANCE GLOBAL


PE Ratio Performance Analysis for RENAISSANCE GLOBAL

- RENAISSANCE GLOBAL 's latest p/e ratio is 15.39x.

- RENAISSANCE GLOBAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.41x.

- RENAISSANCE GLOBAL 's operated at median p/e ratio of 2.58x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RENAISSANCE GLOBAL 's p/e ratio peaked in Mar2023 at 9.04x.

- RENAISSANCE GLOBAL 's p/e ratio hit its five-year low in Mar2020 of 0.88x.


How does RENAISSANCE GLOBAL 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?

Peer Comparison (Diamond & Jewellery Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RENAISSANCE GLOBAL 72.3015.391,112.5
TITAN COMPANY LTD3,460.0092.31319,408.0
KALYAN JEWELLERS INDIA LTD528.5978.3741,423.6
RAJESH EXPORTS LTD733.1111.798,642.3
SENCO GOLD LTD252.2930.117,596.8
THANGAMAYIL JEWELLERY LTD126.0328.953,648.0
PC JEWELLER LTD-810.14-3.132,539.2
GOLDIAM INTERNATIONAL LTD89.3620.991,875.3
DP ABHUSHAN LTD50.1546.002,306.7
ASIAN STAR COMPANY LTD76.1616.391,248.5
RADHIKA JEWELTECH LTD43.4217.73769.8

Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs RENAISSANCE GLOBAL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -3.13x
Max industry PE 92.31x
Median industry PE 20.99x
Average industry PE 32.26x



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