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RNWReNew Energy Global Plc
$6.32$2.3B
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HomeStocksRNWP/E History

RNW logoReNew Energy Global Plc (RNW) P/E Ratio History

Expensive

Trading at 20.1x vs 5Y avg 2.6x · 100th percentile · Material premium to history · Data 2023–2025

Current P/E (TTM)
20.1x
+676% vs 5Y avg
5Y Avg P/E
2.6x
Median 0.8x
5Y Percentile
100th
Upper end of range
PEG Ratio
N/A
5-Year P/E Range
20.1x
Min0.2xMedian0.8xMax16.0x
TTM EPS$28.05
Price$6.32
Earnings Yield4.97%
EPS Growth (1Y)172.4%
EPS Growth (5Y)N/A

Loading P/E history...

P/E Ratio Analysis

As of June 22, 2026, ReNew Energy Global Plc (RNW) trades at a price-to-earnings ratio of 20.1x, with a stock price of $6.32 and trailing twelve-month earnings per share of $28.05.

The current P/E is 676% above its 5-year average of 2.6x. Over the past five years, RNW's P/E has ranged from a low of 0.2x to a high of 16.0x, placing the current valuation at the 100th percentile of its historical range.

Compared to the Utilities sector median P/E of 19.0x, RNW is roughly in line with its sector peers. The sector includes 111 companies with P/E ratios ranging from 0.0x to 170.1x.

Relative to the broader market, RNW trades roughly in line with the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our RNW DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

RNW Cross-Benchmark Valuation

How does the current P/E compare to sector peers and the broader market?

vs. Utilities
20.1vs19.0
+6%
In Line with Sector
vs. S&P 500
20.1vs24.4
-18%
Below Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on 172% EPS growth (1Y)

RNW P/E vs Peers

Renewable Developers and IPPs peers sorted by market cap

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
CWEN logoCWENClearway Energy, Inc.
$8B26.40.58Best+89%
RUN logoRUNSunrun Inc.
$3B7.9Lowest-+113%
FSLR logoFSLRFirst Solar, Inc.
$28B18.10.59+18%
ENPH logoENPHEnphase Energy, Inc.
$7B40.56.42+72%
GE logoGEGE Aerospace
$374B43.83.71+36%
AMSC logoAMSCAmerican Superconductor Corporation
$2B14.2-+1806%Best

Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.

RNW Historical P/E Data (2023–2025)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterPeriod EndPriceTTM EPSP/E Ratiovs Avg
FY2025 Q4-$4.58$27.750.2x-94%
FY2025 Q3Dec 31 2025$5.65$32.460.2x-93%
FY2025 Q2-$7.70$22.390.3x-87%
FY2025 Q1Jun 30 2025$6.91$21.830.3x-88%
FY2024 Q4Mar 31 2025$5.89$8.330.7x-73%
FY2024 Q3-$6.83$1.126.1x+135%
FY2024 Q2Sep 30 2024$6.29$2.882.2x-16%
FY2024 Q1Jun 30 2024$6.24$0.3916.0x+517%
FY2023 Q4Mar 31 2024$6.00$7.560.8x-69%
FY2023 Q3Dec 31 2023$7.66$8.130.9x-64%
FY2023 Q2Sep 30 2023$5.43$6.800.8x-69%

Average P/E for displayed period: 2.6x

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RNW — Frequently Asked Questions

Quick answers to the most common questions about buying RNW stock.

What is RNW's P/E ratio?

ReNew Energy Global Plc (RNW) trailing twelve-month P/E ratio is 20.1x, based on TTM diluted EPS of $28.05. The 5-year average P/E is 2.6x and the historical range spans 0.2x to 16.0x.

Is RNW stock overvalued or undervalued?

RNW trades at 20.1x P/E, above its 5-year average of 2.6x. The 100th percentile ranking within the 0.2x–16.0x historical range indicates a premium to historical valuation.

Is RNW stock expensive?

Yes, RNW is expensive relative to its own history. The current P/E of 20.1x is above the 5-year average of 2.6x and also above the Utilities sector median of 19.0x. The stock sits at the 100th percentile of its 5-year valuation range.

What is RNW's historical P/E range?

Over the past 5 years, RNW's P/E ratio has ranged from 0.2x to 16.0x, with a median of 0.8x and an average of 2.6x. The current P/E of 20.1x places the stock at the 100th percentile of this range. Full historical data spans 2023–2025.

How does RNW's P/E compare to the S&P 500?

RNW trades at 20.1x P/E versus the S&P 500 median of 24.4x. The 18% discount to the market suggests lower growth expectations or perceived higher risk.

How does RNW's valuation compare to Utilities peers?

ReNew Energy Global Plc P/E of 20.1x compares to the Utilities sector median of 19.0x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.

What is RNW's PEG ratio?

RNW PEG ratio is N/A, based on a P/E of 20.1x and EPS growth of 172.4%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.

What is RNW's earnings yield?

RNW earnings yield is 4.97%, the inverse of its 20.1x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.

RNW P/E Ratio History (2023–2025)

Quarterly valuation multiple from closing price and trailing EPS

Current0.2x
Period Avg2.6x
Range0.2x - 16.0x
Change-79%
11 quartersSep 30, 2023 - Mar 31, 2026