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ReNu Energy Limited ReNu Energy Limited

ReNu Energy Limited

RNE
Rank in Stocks #42616
ReNu Energy Limited, an Australian entity established in 2000 and headquartered... ReNu Energy Limited, an Australian entity established in 2000 and headquartered in Milton, focuses on pioneering sustainable and clean energy solutions. The company's diverse portfolio includes initiating and advancing green hydrogen ventures. It also innovates and commercializes water-based electrolyte battery technologies, engineered for high performance, non-toxicity, and non-flammability, which are crucial for supercapacitors and redox flow batteries. Additionally, ReNu Energy has developed Powertracer, a grid-scale platform facilitating 24/7 traceability of renewable energy consumption for corporations and individuals, while empowering energy retailers to offer source-specific clean energy pricing. The company further markets the Cobber, a patented micro renewable energy generator powered by biomass. Formerly known as Geodynamics Limited, the company officially adopted the name ReNu Energy Limited in November 2016.
Share Price
$0.00062466
Last synced: 2024-12-23
Market Cap
$624.50
Change (1 day)
-0.06%
Change (1 year)
0.00%
Country
AU
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P/E ratio for ReNu Energy Limited (RNE)
P/E ratio as of August 2026 TTM: -0.01
According to ReNu Energy Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.01. At the end of 2023 the company had a P/E ratio of -0.07.
P/E ratio history for ReNu Energy Limited from 2003 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) -0.01 -93.98%
2024 0.00 -93.98%
2023 -0.07 403.03%
2022 -0.01 -56.58%
2021 -0.03 1,166.67%
2020 0.00 -79.31%
2019 -0.01 34.88%
2018 -0.01 21.13%
2017 -0.01 31.48%
2016 -0.01 -10.00%
2015 -0.01 -20.00%
2014 -0.01 341.18%
2013 0.00 -90.56%
2012 -0.02 650.00%
2011 0.00 -92.62%
2010 -0.03 -59.53%
2009 -0.08 -61.87%
2008 -0.21 -26.88%
2007 -0.29 212.03%
2006 -0.09 -52.18%
2005 -0.19 31.74%
2004 -0.15 -8.55%
2003 -0.16 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
22.83 -340,816.42%
US
19.92 -297,483.58%
CN
24.45 -365,082.09%
US
28.59 -426,876.12%
IN
- -
SA
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.