RENAISSANCE GLOBAL
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The Current P/E Ratio of RENAISSANCE GLOBAL is 23.40.
Share Price | ₹183.6 | Dec 03,2024 |
Market Cap | ₹1,768.1 Cr | |
Earnings-TTM | ₹75.5 Cr | TTM-Consolidated Results |
Price/Earnings | 23.40x | 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 [ ₹1,768.1 Cr] as on Dec 03,2024
(/) Earnings [ ₹75.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.40x ]
Thus, for RENAISSANCE GLOBAL , the investors are currently willing to pay 23.40 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 | 23.40 | 1,768.1 |
TITAN COMPANY LTD | 3,242.00 | 91.31 | 296,028.0 |
KALYAN JEWELLERS INDIA LTD | 625.75 | 119.77 | 74,949.2 |
RAJESH EXPORTS LTD | 38.28 | 181.73 | 6,956.3 |
SENCO GOLD LTD | 204.89 | 43.39 | 8,890.3 |
THANGAMAYIL JEWELLERY LTD | 95.36 | 59.62 | 5,685.4 |
PC JEWELLER LTD | 15.32 | 588.91 | 9,022.2 |
GOLDIAM INTERNATIONAL LTD | 94.32 | 39.15 | 3,692.4 |
DP ABHUSHAN LTD | 83.12 | 42.14 | 3,502.5 |
ASIAN STAR COMPANY LTD | 73.31 | 18.12 | 1,328.0 |
RADHIKA JEWELTECH LTD | 50.80 | 25.92 | 1,316.9 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs RENAISSANCE GLOBAL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 18.12x |
Max industry PE | 588.91x |
Median industry PE | 43.39x |
Average industry PE | 112.13x |
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