Reliance Pe Ratio from 2010 to 2024

RELIW Stock  USD 0.04  0.00  0.00%   
Reliance Global PE Ratio yearly trend continues to be fairly stable with very little volatility. PE Ratio will likely drop to -2.25 in 2024. During the period from 2010 to 2024, Reliance Global PE Ratio regression line of quarterly data had mean square error of  325,324 and geometric mean of  56.51. View All Fundamentals
 
PE Ratio  
First Reported
2010-12-31
Previous Quarter
(2.14)
Current Value
(2.25)
Quarterly Volatility
906.98124485
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reliance Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 1.6 M or Selling General Administrative of 2.7 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.22 or PTB Ratio of 3.42. Reliance financial statements analysis is a perfect complement when working with Reliance Global Valuation or Volatility modules.
  
Check out the analysis of Reliance Global Correlation against competitors.

Latest Reliance Global's Pe Ratio Growth Pattern

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

Reliance Pe Ratio Regression Statistics

Arithmetic Mean(622.58)
Geometric Mean56.51
Coefficient Of Variation(145.68)
Mean Deviation767.94
Median(189.21)
Standard Deviation906.98
Sample Variance822,615
Range2.1K
R-Value0.80
Mean Square Error325,324
R-Squared0.63
Significance0.0004
Slope161.33
Total Sum of Squares11.5M

Reliance Pe Ratio History

2024 -2.25
2023 -2.14
2022 4.58
2021 -28.53
2020 -200.27
2019 -394.76

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Pe 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 Reliance Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PE Ratio(2.14)(2.25)

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Additional Tools for Reliance Stock Analysis

When running Reliance Global's price analysis, check to measure Reliance Global'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 Reliance Global is operating at the current time. Most of Reliance Global's value examination focuses on studying past and present price action to predict the probability of Reliance Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Global's price. Additionally, you may evaluate how the addition of Reliance Global to your portfolios can decrease your overall portfolio volatility.