Renew Pretax Profit Margin from 2010 to 2024

RNW Stock  USD 6.03  0.06  0.99%   
Renew Energy Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin will likely drop to 0.06 in 2024. During the period from 2010 to 2024, Renew Energy Pretax Profit Margin regression line of quarterly data had mean square error of  0.02 and geometric mean of  0.10. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.1001242
Current Value
0.0576
Quarterly Volatility
0.17993931
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Renew Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renew Energy's main balance sheet or income statement drivers, such as Interest Expense of 35.5 B, Other Operating Expenses of 17 B or EBIT of 35.5 B, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.063 or PTB Ratio of 1.65. Renew financial statements analysis is a perfect complement when working with Renew Energy Valuation or Volatility modules.
  
Check out the analysis of Renew Energy Correlation against competitors.

Latest Renew Energy's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Renew Energy Global over the last few years. It is Renew Energy's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Renew Energy's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Renew Pretax Profit Margin Regression Statistics

Arithmetic Mean0.11
Geometric Mean0.10
Coefficient Of Variation168.94
Mean Deviation0.13
Median0.08
Standard Deviation0.18
Sample Variance0.03
Range0.6056
R-Value(0.75)
Mean Square Error0.02
R-Squared0.57
Significance0
Slope(0.03)
Total Sum of Squares0.45

Renew Pretax Profit Margin History

2024 0.0576
2023 0.1
2022 -0.0316
2021 -0.21
2020 -0.11
2019 -0.0129
2018 0.11

About Renew Energy Financial Statements

Renew Energy investors use historical fundamental indicators, such as Renew Energy's Pretax Profit Margin, 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 Renew Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.10  0.06 

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Additional Tools for Renew Stock Analysis

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