GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Renova Energia SA (BSP:RNEW3) » Definitions » Forward PE Ratio

Renova Energia (BSP:RNEW3) Forward PE Ratio : 0.00 (As of May. 20, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Renova Energia Forward PE Ratio?

Renova Energia's Forward PE Ratio for today is 0.00.

Renova Energia's PE Ratio without NRI for today is 0.00.

Renova Energia's PE Ratio for today is 0.00.


Renova Energia Forward PE Ratio Historical Data

The historical data trend for Renova Energia's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Renova Energia Forward PE Ratio Chart

Renova Energia Annual Data
Trend
Forward PE Ratio

Renova Energia Quarterly Data
Forward PE Ratio

Competitive Comparison of Renova Energia's Forward PE Ratio

For the Utilities - Renewable subindustry, Renova Energia's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Renova Energia's Forward PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Renova Energia's Forward PE Ratio falls into.



Renova Energia Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Renova Energia  (BSP:RNEW3) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Renova Energia Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Renova Energia's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Renova Energia (BSP:RNEW3) Business Description

Traded in Other Exchanges
Address
Av. Roque Petroni Júnior, Suite 999, 4th Floor, Sao Paulo, SP, BRA, 4571011
Renova Energia SA is a Brazilian energy company generating electric power from renewable sources, focusing on wind farms, small hydroelectric plants, and solar energy. The company is responsible for prospecting, developing, and implementing projects to generate power. The company is also involved in the power trading business. A majority of revenue is derived from a combination of wind and power trading, with a significantly smaller portion of revenue coming from both small hydroelectric plants and solar power. Renova generates the vast majority of its revenue in Brazil.

Renova Energia (BSP:RNEW3) Headlines

No Headlines