Calumet Specialty Products Partners
CLMT
#4288
Rank
$1.27 B
Marketcap
$16.16
Share price
-2.53%
Change (1 day)
0.37%
Change (1 year)

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

P/E ratio as of November 2022 (TTM): -7.15

According to Calumet Specialty Products Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.15044. At the end of 2021 the company had a P/E ratio of -4.09.

P/E ratio history for Calumet Specialty Products Partners from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.32-174.36%๐Ÿ‡บ๐Ÿ‡ธ USA
4.92-168.79%๐Ÿ‡บ๐Ÿ‡ธ USA
8.96-225.36%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-241.33%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-249.68%๐Ÿ‡บ๐Ÿ‡ธ USA
5.75-180.38%๐Ÿ‡บ๐Ÿ‡ธ USA
6.84-195.62%๐Ÿ‡บ๐Ÿ‡ธ USA
7.54-205.40%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-262.69%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.