P/E ratio for Orion Engineered Carbons (OEC)
P/E ratio as of June 2024 (TTM): 12.6
According to Orion Engineered Carbons's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5959. At the end of 2022 the company had a P/E ratio of 10.2.
P/E ratio history for Orion Engineered Carbons from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.2 | 24.32% |
| 2021 | 8.23 | -85.59% |
| 2020 | 57.1 | 329.24% |
| 2019 | 13.3 | 11.1% |
| 2018 | 12.0 | -40.01% |
| 2017 | 20.0 | -13.18% |
| 2016 | 23.0 | 43.64% |
| 2015 | 16.0 | -211.69% |
| 2014 | -14.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Methanex MEOH | 19.9 | 58.18% | 🇨🇦 Canada |
 Balchem BCPC | 47.0 | 272.91% | 🇺🇸 USA |
 Stepan Company
SCL | 36.8 | 192.23% | 🇺🇸 USA |
 Ashland ASH | 22.4 | 77.52% | 🇺🇸 USA |
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.