P/E ratio for Calumet Specialty Products Partners (CLMT)
P/E ratio as of June 2024 (TTM): -29.2
According to Calumet Specialty Products Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -29.2182. At the end of 2022 the company had a P/E ratio of -8.27.
P/E ratio history for Calumet Specialty Products Partners from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -8.27 | 102.47% |
| 2021 | -4.09 | 142.85% |
| 2020 | -1.68 | -74.64% |
| 2019 | -6.64 | 107.2% |
| 2018 | -3.20 | -45.09% |
| 2017 | -5.83 | 511.04% |
| 2016 | -0.9547 | -90.46% |
| 2015 | -10.0 | -19.64% |
| 2014 | -12.5 | -95.69% |
| 2013 | -289 | -3458.22% |
| 2012 | 8.61 | -59% |
| 2011 | 21.0 | -54.65% |
| 2010 | 46.3 | 372.39% |
| 2009 | 9.80 | 169.39% |
| 2008 | 3.64 | -74.16% |
| 2007 | 14.1 | -0.13% |
| 2006 | 14.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Marathon Petroleum MPC | 6.39 | -121.88% | 🇺🇸 USA |
 Phillips 66 PSX | 8.31 | -128.45% | 🇺🇸 USA |
 Exxon Mobil XOM | 11.3 | -138.74% | 🇺🇸 USA |
 Chevron CVX | 11.7 | -140.06% | 🇺🇸 USA |
 HollyFrontier HFC | 10.7 | -136.63% | 🇺🇸 USA |
 Valero Energy VLO | 5.14 | -117.60% | 🇺🇸 USA |
 Delek US DK | -31.7 | 8.65% | 🇺🇸 USA |
 Murphy Oil
MUR | 8.80 | -130.12% | 🇺🇸 USA |
 CVR Energy CVI | 3.50 | -111.98% | 🇺🇸 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.