P/E ratio for LyondellBasell (LYB)
P/E ratio as of June 2024 (TTM): 13.9
According to LyondellBasell's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9. At the end of 2022 the company had a P/E ratio of 7.01.
P/E ratio history for LyondellBasell from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.01 | 27.51% |
| 2021 | 5.50 | -74.56% |
| 2020 | 21.6 | 119.89% |
| 2019 | 9.83 | 42.46% |
| 2018 | 6.90 | -23.24% |
| 2017 | 8.99 | -3.62% |
| 2016 | 9.33 | 3.12% |
| 2015 | 9.05 | -8.06% |
| 2014 | 9.84 | -16.3% |
| 2013 | 11.8 | 2.02% |
| 2012 | 11.5 | 33.24% |
| 2011 | 8.65 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Celanese CE | 12.9 | -6.95% | 🇺🇸 USA |
 Dow DOW | 31.2 | 124.39% | 🇺🇸 USA |
 Dupont De Nemours DD | 8.44 | -39.25% | 🇺🇸 USA |
 Westlake Chemical
WLK | 16.9 | 21.93% | 🇺🇸 USA |
 Sasol SSL | 1.57 | -88.71% | 🇿🇦 South Africa |
 Braskem BAK | -4.54 | -132.68% | 🇧🇷 Brazil |
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.