P/E ratio for Arkema (AKE.PA)
P/E ratio as of April 2024 (TTM): 14.6
According to Arkema's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6341. At the end of 2022 the company had a P/E ratio of 6.55.
P/E ratio history for Arkema from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.55 | -9.33% |
| 2021 | 7.22 | -69.26% |
| 2020 | 23.5 | 60.01% |
| 2019 | 14.7 | 73.15% |
| 2018 | 8.48 | -40.13% |
| 2017 | 14.2 | -13.44% |
| 2016 | 16.4 | -2.71% |
| 2015 | 16.8 | -22.73% |
| 2014 | 21.8 | -31.12% |
| 2013 | 31.6 | 35.48% |
| 2012 | 23.3 | -8.32% |
| 2011 | 25.4 | 202.94% |
| 2010 | 8.40 | -210.79% |
| 2009 | -7.58 | -202.1% |
| 2008 | 7.42 | -66.63% |
| 2007 | 22.2 | -57.14% |
| 2006 | 51.9 |
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.