Renault Sa Stock Price To Earning

RNO Stock  EUR 40.31  0.24  0.59%   
Renault SA fundamentals help investors to digest information that contributes to Renault SA's financial success or failures. It also enables traders to predict the movement of Renault Stock. The fundamental analysis module provides a way to measure Renault SA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Renault SA stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Renault SA Company Price To Earning Analysis

Renault SA's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Renault SA Price To Earning

    
  4.28 X  
Most of Renault SA's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Renault SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Based on the latest financial disclosure, Renault SA has a Price To Earning of 4.28 times. This is 82.81% lower than that of the Consumer Cyclical sector and 56.59% lower than that of the Auto Manufacturers industry. The price to earning for all France stocks is 85.1% higher than that of the company.

Renault Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renault SA's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Renault SA could also be used in its relative valuation, which is a method of valuing Renault SA by comparing valuation metrics of similar companies.
Renault SA is currently under evaluation in price to earning category among its peers.

Renault Fundamentals

About Renault SA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Renault SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renault SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renault SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Renault Stock

Renault SA financial ratios help investors to determine whether Renault Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Renault with respect to the benefits of owning Renault SA security.