ReNew Energy Global (RNW)
(Delayed Data from NSDQ)
$5.68 USD
+0.15 (2.71%)
Updated Aug 23, 2024 03:59 PM ET
After-Market: $5.68 0.00 (0.00%) 7:58 PM ET
5-Strong Sell of 5 5
C Value F Growth A Momentum C VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
RNW 5.68 +0.15(2.71%)
Will RNW be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for RNW based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for RNW
ReNew Energy Global PLC (RNW) Reports Break-Even Earnings for Q1
ProFrac Holding Corp. (ACDC) Q2 Earnings and Revenues Lag Estimates
RNW: What are Zacks experts saying now?
Zacks Private Portfolio Services
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Do Options Traders Know Something About ReNew Energy (RNW) Stock We Don't?
Other News for RNW
Roth MKM Reaffirms Their Buy Rating on ReNew Energy Global (RNW)
ReNew Energy Global price target lowered by $1 at Roth MKM, here's why
ReNew Energy Global PLC (RNW) Q1 2025 Earnings Call Transcript Highlights: Strong Revenue ...
ReNew Energy Global Plc (RNW) Q1 2025 Earnings Call Transcript
Buy Rating Affirmed for ReNew Energy Global on Robust Growth and Strategic Expansion Plans