RENAISSANCE GLOBAL
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The Current P/E Ratio of RENAISSANCE GLOBAL is 15.39.
Share Price | ₹115.8 | Apr 22,2024 |
Market Cap | ₹1,112.5 Cr | |
Earnings-TTM | ₹72.3 Cr | TTM-Consolidated Results |
Price/Earnings | 15.39x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of RENAISSANCE GLOBAL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
RENAISSANCE GLOBAL | 72.30 | 15.39 | 1,112.5 |
TITAN COMPANY LTD | 3,460.00 | 92.31 | 319,408.0 |
KALYAN JEWELLERS INDIA LTD | 528.59 | 78.37 | 41,423.6 |
RAJESH EXPORTS LTD | 733.11 | 11.79 | 8,642.3 |
SENCO GOLD LTD | 252.29 | 30.11 | 7,596.8 |
THANGAMAYIL JEWELLERY LTD | 126.03 | 28.95 | 3,648.0 |
PC JEWELLER LTD | -810.14 | -3.13 | 2,539.2 |
GOLDIAM INTERNATIONAL LTD | 89.36 | 20.99 | 1,875.3 |
DP ABHUSHAN LTD | 50.15 | 46.00 | 2,306.7 |
ASIAN STAR COMPANY LTD | 76.16 | 16.39 | 1,248.5 |
RADHIKA JEWELTECH LTD | 43.42 | 17.73 | 769.8 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs RENAISSANCE GLOBAL 's P/E Ratio
Top 10 Industry Peers | PE 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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