P/E ratio for Cabot Corporation (CBT)
P/E ratio as of June 2024 (TTM): 18.8
According to Cabot Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.8493. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for Cabot Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.7 | -66.93% |
| 2021 | 32.5 | -381.15% |
| 2020 | -11.5 | -154.14% |
| 2019 | 21.3 | -33.14% |
| 2018 | 31.9 | -46.54% |
| 2017 | 59.7 | 298.21% |
| 2016 | 15.0 | -323.1% |
| 2015 | -6.72 | -139.55% |
| 2014 | 17.0 | 10.87% |
| 2013 | 15.3 | 120.35% |
| 2012 | 6.95 | -30.02% |
| 2011 | 9.93 | -18.54% |
| 2010 | 12.2 | -140.14% |
| 2009 | -30.4 | -272.75% |
| 2008 | 17.6 | -7.69% |
| 2007 | 19.1 | -16.48% |
| 2006 | 22.8 | -166.27% |
| 2005 | -34.4 | -294.9% |
| 2004 | 17.7 | -30.66% |
| 2003 | 25.5 | 53.87% |
| 2002 | 16.6 | -1.15% |
| 2001 | 16.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Corning GLW | 53.6 | 184.18% | 🇺🇸 USA |
 Dow DOW | 31.2 | 65.47% | 🇺🇸 USA |
 Exxon Mobil XOM | 11.3 | -39.95% | 🇺🇸 USA |
 W. R. Grace GRA | N/A | N/A | 🇺🇸 USA |
 Koppers KOP | 10.9 | -42.10% | 🇺🇸 USA |
 Aspen Aerogels ASPN | -34.7 | -284.12% | 🇺🇸 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.