RENAISSANCE GLOBAL
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The Current P/E Ratio of RENAISSANCE GLOBAL is 14.81.
Share Price | ₹111.4 | Apr 29,2024 |
Market Cap | ₹1,070.7 Cr | |
Earnings-TTM | ₹72.3 Cr | TTM-Consolidated Results |
Price/Earnings | 14.81x | 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 [ ₹1,070.7 Cr] as on Apr 29,2024
(/) Earnings [ ₹72.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 14.81x ]
Thus, for RENAISSANCE GLOBAL , the investors are currently willing to pay 14.81 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 | 14.81 | 1,070.7 |
TITAN COMPANY LTD | 3,460.00 | 92.50 | 320,060.0 |
KALYAN JEWELLERS INDIA LTD | 528.59 | 80.27 | 42,427.9 |
RAJESH EXPORTS LTD | 733.11 | 12.93 | 9,477.8 |
SENCO GOLD LTD | 252.29 | 28.84 | 7,277.0 |
THANGAMAYIL JEWELLERY LTD | 126.03 | 28.50 | 3,592.2 |
PC JEWELLER LTD | -810.14 | -2.97 | 2,402.4 |
GOLDIAM INTERNATIONAL LTD | 89.36 | 20.88 | 1,865.7 |
DP ABHUSHAN LTD | 50.15 | 52.06 | 2,610.8 |
ASIAN STAR COMPANY LTD | 76.16 | 16.60 | 1,264.5 |
RADHIKA JEWELTECH LTD | 43.42 | 17.32 | 752.1 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs RENAISSANCE GLOBAL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -2.97x |
Max industry PE | 92.50x |
Median industry PE | 20.88x |
Average industry PE | 32.89x |
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