What is the price-to-earnings ratio of Renu Energy?
The price-earnings ratio of Renu Energy is currently -17.57.
Renu Energy P/E 2024
Renu Energy P/E
-17.57
Ticker
RNE.AX
ISIN
AU000000RNE2
As of Jun 30, 2024, Renu Energy's P/E ratio was -17.57, a 388.06% change from the -3.6 P/E ratio recorded in the previous year.
The Renu Energy P/E history
Renu Energy Aktienanalyse
What does Renu Energy do?
Renu Energy Ltd is a leading company in the field of renewable energies. The company was founded in Australia in 2007 and has since developed into an internationally operating company that is significantly involved in shaping the energy transition. History The founders of Renu Energy had a strong desire to promote sustainable energy supply, as they had already recognized the effects of climate change on the planet at that time. For this reason, they founded the company Renu Energy Ltd. At the beginning, Renu Energy was dedicated to the manufacture and distribution of photovoltaic modules. The company set the goal of bringing high-quality solar products to the market to ensure sustainable energy supply. Over time, the company expanded and developed additional products to meet the demand in the energy industry. Business model The business model of Renu Energy is based on the idea of promoting renewable energies as a cost-effective energy source. Renu Energy provides products and services that enable customers to meet their energy needs in a sustainable way. The company offers various solutions to meet customer needs. Renu Energy has three key areas in which it operates: solar energy, energy storage, and other renewable energy technologies. Sectors 1. Solar Energy Renu Energy is a leading provider of solar technology. The company offers customized solar power plants for commercial and industrial buildings. It has also developed a wide range of solar roof systems for residential buildings and agricultural facilities. 2. Energy Storage Renu Energy offers energy storage solutions to help customers better manage their energy supply. Energy storage allows customers to store excess energy for later use when the sun is not shining or the wind is not blowing. 3. Other Renewable Energy Technologies Renu Energy also offers other renewable energy technologies. This includes biological waste treatment, wind power plants, and geothermal solutions. Products Renu Energy has developed a wide range of products to meet market needs. Some of the company's key products include: 1. Solar Roof Systems There are a variety of solar roof systems offered by Renu Energy. These systems are designed to be easy to install and maintain. 2. Solar Inverters Renu Energy's solar inverters convert direct current into alternating current. They are an essential component of a solar power plant and ensure that the energy can be fed into the power grid. 3. Energy Storage Systems Renu Energy offers several energy storage systems that help customers store excess energy. They are available in different sizes and are suitable for both private households and businesses. Conclusion Renu Energy Ltd is a company specializing in the promotion of renewable energies. The company operates in various sectors, including solar energy, energy storage, and other renewable energy technologies. Renu Energy offers a wide range of products to meet market needs. The company's business model is based on the idea of promoting renewable energies as a cost-effective energy source. Renu Energy has won numerous awards and accolades in the past and is considered one of the most innovative companies in the field of renewable energies. Renu Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Renu Energy's P/E Ratio
The Price to Earnings (P/E) Ratio of Renu Energy is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Renu Energy's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Renu Energy is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Renu Energy’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Renu Energy Stock
How has the price-earnings ratio of Renu Energy changed compared to last year?
The price-to-earnings ratio of Renu Energy has increased by 388.06% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Renu Energy high compared to other companies?
Yes, the price-to-earnings ratio of Renu Energy is high compared to other companies.
How does an increase in the price-earnings ratio of Renu Energy affect the company?
An increase in the price-earnings ratio of Renu Energy would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Renu Energy affect the company?
A decrease in the price-earnings ratio of Renu Energy would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Renu Energy?
Some factors that influence the price-earnings ratio of Renu Energy are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Renu Energy pay?
Over the past 12 months, Renu Energy paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Renu Energy is expected to pay a dividend of 0 AUD.
What is the dividend yield of Renu Energy?
The current dividend yield of Renu Energy is .
When does Renu Energy pay dividends?
Renu Energy pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Renu Energy?
Renu Energy paid dividends every year for the past 0 years.
What is the dividend of Renu Energy?
For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Renu Energy located?
Renu Energy is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Renu Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Renu Energy from 6/30/2024 amounting to 0 AUD, you needed to have the stock in your portfolio before the ex-date on 6/30/2024.
When did Renu Energy pay the last dividend?
The last dividend was paid out on 6/30/2024.
What was the dividend of Renu Energy in the year 2023?
In the year 2023, Renu Energy distributed 0 AUD as dividends.
In which currency does Renu Energy pay out the dividend?
The dividends of Renu Energy are distributed in AUD.
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Andere Kennzahlen von Renu Energy
Our stock analysis for Renu Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Renu Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
