Cabot Corporation
CBT
#2551
Rank
$5.13 B
Marketcap
$92.69
Share price
-0.41%
Change (1 day)
23.77%
Change (1 year)

P/E ratio for Cabot Corporation (CBT)

P/E ratio as of April 2024 (TTM): 17.2

According to Cabot Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2285. At the end of 2022 the company had a P/E ratio of 10.7.

P/E ratio history for Cabot Corporation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.7-66.93%
202132.5-381.15%
2020-11.5-154.14%
201921.3-33.14%
201831.9-46.54%
201759.7298.21%
201615.0-323.1%
2015-6.72-139.55%
201417.010.87%
201315.3120.35%
20126.95-30.02%
20119.93-18.54%
201012.2-140.14%
2009-30.4-272.75%
200817.6-7.69%
200719.1-16.48%
200622.8-166.27%
2005-34.4-294.9%
200417.7-30.66%
200325.553.87%
200216.6-1.15%
200116.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
44.8 160.10%๐Ÿ‡บ๐Ÿ‡ธ USA
30.9 79.37%๐Ÿ‡บ๐Ÿ‡ธ USA
11.8-31.59%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
14.0-18.75%๐Ÿ‡บ๐Ÿ‡ธ USA
-17.8-203.39%๐Ÿ‡บ๐Ÿ‡ธ 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.