RENAISSANCE GLOBAL
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The Current P/E Ratio of RENAISSANCE GLOBAL is 23.51.
Share Price | ₹165.7 | Feb 07,2025 |
Market Cap | ₹1,776.3 Cr | |
Earnings-TTM | ₹75.5 Cr | TTM-Consolidated Results |
Price/Earnings | 23.51x | 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 [ ₹1,776.3 Cr] as on Feb 07,2025
(/) Earnings [ ₹75.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.51x ]
Thus, for RENAISSANCE GLOBAL , the investors are currently willing to pay 23.51 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 Mar2024 to Mar2020 averaged 5.76x.
- RENAISSANCE GLOBAL 's operated at median p/e ratio of 3.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RENAISSANCE GLOBAL 's p/e ratio peaked in Mar2024 at 13.24x.
- 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 | 75.55 | 23.51 | 1,776.3 |
TITAN COMPANY LTD | 3,236.00 | 93.94 | 303,991.0 |
KALYAN JEWELLERS INDIA LTD | 664.06 | 83.82 | 55,661.4 |
RAJESH EXPORTS LTD | 38.28 | 139.89 | 5,354.5 |
SENCO GOLD LTD | 204.89 | 39.78 | 8,150.0 |
THANGAMAYIL JEWELLERY LTD | 115.55 | 44.58 | 5,151.3 |
PC JEWELLER LTD | 361.26 | 23.80 | 8,599.6 |
GOLDIAM INTERNATIONAL LTD | 111.69 | 46.94 | 5,242.6 |
DP ABHUSHAN LTD | 103.74 | 38.22 | 3,964.9 |
ASIAN STAR COMPANY LTD | 73.31 | 16.75 | 1,227.7 |
RADHIKA JEWELTECH LTD | 57.87 | 20.96 | 1,213.0 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs RENAISSANCE GLOBAL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.75x |
Max industry PE | 139.89x |
Median industry PE | 39.78x |
Average industry PE | 52.02x |
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