P/E ratio for Braskem (BAK)
P/E ratio as of April 2024 (TTM): -5.25
According to Braskem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.24583. At the end of 2022 the company had a P/E ratio of 240.
P/E ratio history for Braskem from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 240 | 7571.8% |
| 2021 | 3.13 | -209.16% |
| 2020 | -2.87 | -69.84% |
| 2019 | -9.52 | -175.44% |
| 2018 | 12.6 | 45.85% |
| 2017 | 8.65 | -115.42% |
| 2016 | -56.1 | -986.18% |
| 2015 | 6.33 | -44.51% |
| 2014 | 11.4 | -78.02% |
| 2013 | 51.9 | -449.58% |
| 2012 | -14.8 | -33.49% |
| 2011 | -22.3 | -343.58% |
| 2010 | 9.16 | -69.17% |
| 2009 | 29.7 | -2620.68% |
| 2008 | -1.18 | -112.34% |
| 2007 | 9.55 | -91.61% |
| 2006 | 114 | 504.58% |
| 2005 | 18.8 | 475.23% |
| 2004 | 3.27 | 3070.52% |
| 2003 | 0.1032 | -2674.09% |
| 2002 | -0.0040 | -99.99% |
| 2001 | -27.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Celanese CE | 13.2 | -351.71% | 🇺🇸 USA |
 Valhi VHI | 63.6 | -1,312.87% | 🇺🇸 USA |
 Petrobras PBR | 0.7644 | -114.57% | 🇧🇷 Brazil |
 Ashland ASH | 21.1 | -501.70% | 🇺🇸 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.