P/E ratio for Braskem (BAK)
P/E ratio as of September 2023 (TTM): -5.55
According to Braskem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.55188. At the end of 2021 the company had a P/E ratio of 3.13.
P/E ratio history for Braskem from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 3.13 | -216.06% |
| 2020 | -2.70 | |
| 2018 | 12.6 | |
| 2016 | -44.3 | -818.89% |
| 2015 | 6.16 | -58.47% |
| 2014 | 14.8 | |
| 2012 | -14.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Celanese CE | 10.9 | -297.04% | 🇺🇸 USA |
 Valhi VHI | 54.1 | -1,074.89% | 🇺🇸 USA |
 Petrobras PBR | 3.32 | -159.71% | 🇧🇷 Brazil |
 Ashland ASH | 18.7 | -436.99% | 🇺🇸 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.