According to Westlake Chemical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.9479. At the end of 2022 the company had a P/E ratio of 5.88.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.88 | -5.21% |
2021 | 6.20 | -80.54% |
2020 | 31.9 | 48.13% |
2019 | 21.5 | 148.78% |
2018 | 8.65 | -18.4% |
2017 | 10.6 | -42.07% |
2016 | 18.3 | 64.72% |
2015 | 11.1 | -7.45% |
2014 | 12.0 | -10.14% |
2013 | 13.4 | -2.65% |
2012 | 13.7 | 32.63% |
2011 | 10.3 | -20.28% |
2010 | 13.0 | -58.36% |
2009 | 31.2 | -186.08% |
2008 | -36.2 | -435.5% |
2007 | 10.8 | 2.81% |
2006 | 10.5 | 27.13% |
2005 | 8.26 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Albemarle ALB | 4.36 | -74.25% | ๐บ๐ธ USA |
Celanese CE | 12.9 | -23.69% | ๐บ๐ธ USA |
Dow DOW | 31.2 | 84.04% | ๐บ๐ธ USA |
Eastman Chemical
EMN | 20.5 | 20.91% | ๐บ๐ธ USA |
Phillips 66 PSX | 8.31 | -50.96% | ๐บ๐ธ USA |
Exxon Mobil XOM | 11.3 | -33.21% | ๐บ๐ธ USA |
Honeywell HON | 24.7 | 45.63% | ๐บ๐ธ USA |
Olin OLN | 11.5 | -32.22% | ๐บ๐ธ USA |
Huntsman Corporation
HUN | 52.6 | 210.09% | ๐บ๐ธ USA |
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.