According to Delek US's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -23.2911. At the end of 2022 the company had a P/E ratio of 7.54.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.54 | -207.17% |
2021 | -7.04 | 262.17% |
2020 | -1.94 | -123.47% |
2019 | 8.28 | 6.19% |
2018 | 7.80 | -22.57% |
2017 | 10.1 | -203.33% |
2016 | -9.74 | -112.28% |
2015 | 79.4 | 883.21% |
2014 | 8.07 | -53.56% |
2013 | 17.4 | 217.79% |
2012 | 5.47 | 37.56% |
2011 | 3.98 | -179.73% |
2010 | -4.99 | |
2008 | 10.6 | -2.72% |
2007 | 10.9 | 29.4% |
2006 | 8.41 |
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.