P/E ratio for Avient (AVNT)
P/E ratio as of May 2024 (TTM): 6.76
According to Avient's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.76. At the end of 2022 the company had a P/E ratio of 4.37.
P/E ratio history for Avient from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.37 | -80.23% |
| 2021 | 22.1 | -19.84% |
| 2020 | 27.6 | 472.93% |
| 2019 | 4.82 | -66.33% |
| 2018 | 14.3 | -123.01% |
| 2017 | -62.1 | -480.15% |
| 2016 | 16.3 | -15.59% |
| 2015 | 19.4 | -56.58% |
| 2014 | 44.6 | 217.94% |
| 2013 | 14.0 | -44.36% |
| 2012 | 25.2 | 308.16% |
| 2011 | 6.18 | -12.97% |
| 2010 | 7.10 | -46.8% |
| 2009 | 13.3 | -1345% |
| 2008 | -1.07 | -101.79% |
| 2007 | 59.8 | 960.78% |
| 2006 | 5.64 | -54.4% |
| 2005 | 12.4 | -63.15% |
| 2004 | 33.6 | -1712.14% |
| 2003 | -2.08 | -64.96% |
| 2002 | -5.94 | -69.09% |
| 2001 | -19.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Avient AVNT | 6.76 | 0.00% | 🇺🇸 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.