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RENAISSANCE GLOBAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of RENAISSANCE GLOBAL is 23.40.

Share Price ₹183.6Dec 03,2024
Market Cap ₹1,768.1 Cr
Earnings-TTM₹75.5 CrTTM-Consolidated Results
Price/Earnings23.40xCalculated 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 [ ₹1,768.1 Cr] as on Dec 03,2024

(/) Earnings [ ₹75.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 23.40x ]

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 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 latest p/e ratio is 23.40x.

- 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 RatioMarket Cap
RENAISSANCE GLOBAL 75.5523.401,768.1
TITAN COMPANY LTD3,242.0091.31296,028.0
KALYAN JEWELLERS INDIA LTD625.75119.7774,949.2
RAJESH EXPORTS LTD38.28181.736,956.3
SENCO GOLD LTD204.8943.398,890.3
THANGAMAYIL JEWELLERY LTD95.3659.625,685.4
PC JEWELLER LTD15.32588.919,022.2
GOLDIAM INTERNATIONAL LTD94.3239.153,692.4
DP ABHUSHAN LTD83.1242.143,502.5
ASIAN STAR COMPANY LTD73.3118.121,328.0
RADHIKA JEWELTECH LTD50.8025.921,316.9

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

Top 10 Industry PeersPE 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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