Calumet Specialty Products Partners
CLMT
#4750
Rank
$1.31 B
Marketcap
$16.37
Share price
0.68%
Change (1 day)
5.00%
Change (1 year)

P/E ratio for Calumet Specialty Products Partners (CLMT)

P/E ratio as of June 2024 (TTM): -29.8

According to Calumet Specialty Products Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -29.7636. At the end of 2022 the company had a P/E ratio of -8.27.

P/E ratio history for Calumet Specialty Products Partners from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-8.27102.47%
2021-4.09142.85%
2020-1.68-74.64%
2019-6.64107.2%
2018-3.20-45.09%
2017-5.83511.04%
2016-0.9547-90.46%
2015-10.0-19.64%
2014-12.5-95.69%
2013-289-3458.22%
20128.61-59%
201121.0-54.65%
201046.3372.39%
20099.80169.39%
20083.64-74.16%
200714.1-0.13%
200614.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.41-121.53%๐Ÿ‡บ๐Ÿ‡ธ USA
8.16-127.41%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9-136.49%๐Ÿ‡บ๐Ÿ‡ธ USA
11.3-138.10%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-135.96%๐Ÿ‡บ๐Ÿ‡ธ USA
5.11-117.16%๐Ÿ‡บ๐Ÿ‡ธ USA
-29.9 0.54%๐Ÿ‡บ๐Ÿ‡ธ USA
8.16-127.42%๐Ÿ‡บ๐Ÿ‡ธ USA
3.43-111.51%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.