ReNew Energy Global Plc (RNW) P/E Ratio History
Historical price-to-earnings valuation from 2023 to 2025
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Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of March 2, 2026, ReNew Energy Global Plc (RNW) trades at a price-to-earnings ratio of 46.0x, with a stock price of $5.52 and trailing twelve-month earnings per share of $32.85.
The current P/E is 1523% above its 5-year average of 2.8x. 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 21.0x, RNW trades at a 120% premium to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 171.6x.
Relative to the broader market, RNW commands a significant premium over the S&P 500 median P/E of 26.2x. 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.
Peer Comparison
P/E metrics vs. Renewable Developers and IPPs peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
ENLTEnlight Renewable Energy Ltd | $9B | 61.8 | - | +163%Best |
ORAOrmat Technologies, Inc. | $6B | 51.3 | 12.43Best | -1% |
RNWReNew Energy Global Plc | $1B | 46.0 | - | +10% |
RNWWWReNew Energy Global plc | - | 0.1Lowest | - | +10% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q3 | Wed Dec 31 2025 00:00:00 GM | $5.65 | $32.46 | 0.2x | -94% |
| FY2025 Q2 | $7.70 | $22.39 | 0.3x | -88% | |
| FY2025 Q1 | Mon Jun 30 2025 00:00:00 GM | $6.91 | $21.83 | 0.3x | -89% |
| FY2024 Q4 | Mon Mar 31 2025 00:00:00 GM | $5.89 | $8.33 | 0.7x | -75% |
| FY2024 Q3 | $6.83 | $1.12 | 6.1x | +115% | |
| FY2024 Q2 | Mon Sep 30 2024 00:00:00 GM | $6.29 | $2.88 | 2.2x | -23% |
| FY2024 Q1 | Sun Jun 30 2024 00:00:00 GM | $6.24 | $0.39 | 16.0x | +464% |
| FY2023 Q4 | Sun Mar 31 2024 00:00:00 GM | $6.00 | $7.56 | 0.8x | -72% |
| FY2023 Q3 | Sun Dec 31 2023 00:00:00 GM | $7.66 | $8.13 | 0.9x | -67% |
| FY2023 Q2 | Sat Sep 30 2023 00:00:00 GM | $5.43 | $6.80 | 0.8x | -72% |
Average P/E for displayed period: 2.8x
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Start ComparisonFrequently Asked Questions
Is RNW stock overvalued or undervalued?
RNW trades at 46.0x P/E, above its 5-year average of 2.8x. The 100th percentile ranking indicates a premium to historical valuation.
How does RNW's valuation compare to peers?
ReNew Energy Global Plc P/E of 46.0x compares to sector median of 21.0x. The premium reflects expected growth above peers.
What is RNW's PEG ratio?
RNW PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2023-2025.