ReNew Price Earnings Ratio from 2010 to 2024

RNWWW Stock  USD 0.44  0.14  45.83%   
ReNew Energy Price Earnings Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, ReNew Energy Price Earnings Ratio regression line of quarterly data had r-squared of  0.01 and coefficient of variation of (1,149). View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
53.69204061
Current Value
56.38
Quarterly Volatility
1.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ReNew Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ReNew Energy's main balance sheet or income statement drivers, such as Tax Provision of 3.2 B, Interest Income of 2.6 B or Depreciation And Amortization of 14.7 B, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.063 or PTB Ratio of 1.65. ReNew financial statements analysis is a perfect complement when working with ReNew Energy Valuation or Volatility modules.
  
Check out the analysis of ReNew Energy Correlation against competitors.

Latest ReNew Energy's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of ReNew Energy Global over the last few years. It is ReNew Energy's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ReNew Energy's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Very volatile
   Price Earnings Ratio   
       Timeline  

ReNew Price Earnings Ratio Regression Statistics

Arithmetic Mean(156.54)
Coefficient Of Variation(1,149)
Mean Deviation850.69
Median110.04
Standard Deviation1,799
Sample Variance3.2M
Range7.4K
R-Value0.1
Mean Square Error3.5M
R-Squared0.01
Significance0.73
Slope38.83
Total Sum of Squares45.3M

ReNew Price Earnings Ratio History

2024 56.38
2023 53.69
2022 -34.24
2021 -15.38
2020 -36.69
2019 -116.63
2018 110.04

About ReNew Energy Financial Statements

ReNew Energy investors use historical fundamental indicators, such as ReNew Energy's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ReNew Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 53.69  56.38 

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Additional Tools for ReNew Stock Analysis

When running ReNew Energy's price analysis, check to measure ReNew Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ReNew Energy is operating at the current time. Most of ReNew Energy's value examination focuses on studying past and present price action to predict the probability of ReNew Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ReNew Energy's price. Additionally, you may evaluate how the addition of ReNew Energy to your portfolios can decrease your overall portfolio volatility.