P/E ratio for Balchem (BCPC)
P/E ratio as of June 2024 (TTM): 47.0
According to Balchem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.9719. At the end of 2022 the company had a P/E ratio of 37.2.
P/E ratio history for Balchem from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 37.2 | -34.22% |
| 2021 | 56.5 | 29.03% |
| 2020 | 43.8 | 6.24% |
| 2019 | 41.2 | 28.37% |
| 2018 | 32.1 | 12.37% |
| 2017 | 28.6 | -39.69% |
| 2016 | 47.4 | 48.54% |
| 2015 | 31.9 | -16.89% |
| 2014 | 38.4 | -2.08% |
| 2013 | 39.2 | 46.84% |
| 2012 | 26.7 | -10.47% |
| 2011 | 29.8 | 4.04% |
| 2010 | 28.7 | 26.97% |
| 2009 | 22.6 | -3.52% |
| 2008 | 23.4 | -4.89% |
| 2007 | 24.6 | 1.51% |
| 2006 | 24.2 | 16.01% |
| 2005 | 20.9 | -2.93% |
| 2004 | 21.5 | 10.4% |
| 2003 | 19.5 | 25.1% |
| 2002 | 15.6 | -19.69% |
| 2001 | 19.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Eastman Chemical
EMN | 20.5 | -56.37% | 🇺🇸 USA |
 International Flavors & Fragrances
IFF | -11.2 | -123.87% | 🇺🇸 USA |
 3M MMM | -7.36 | -115.67% | 🇺🇸 USA |
 Steris STE | 181 | 286.36% | 🇮🇪 Ireland |
 Codexis
CDXS | -4.00 | -108.52% | 🇺🇸 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.