Is ReNew Energy Global (NasdaqGS:RNW) Below Fair Value On Earnings?

ReNew Energy Global has delivered a mixed ride for shareholders over the past few years, which puts a sharper spotlight on what investors are paying for its earnings today. With the stock trading around US$6.84 at the last close, the key issue is whether that price makes sense when you line it up against the profits the business is generating. The share price has fallen 38.8% over the past 5 years, which puts long term holders squarely focused on whether the current earnings profile can...