P/E ratio for Dow (DOW)
P/E ratio as of June 2023 (TTM): 12.8
According to Dow's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.776. At the end of 2021 the company had a P/E ratio of 6.72.
P/E ratio history for Dow from 2019 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.72 | -80.26% |
| 2020 | 34.0 | -216.26% |
| 2019 | -29.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Eastman Chemical
EMN | 13.0 | 1.56% | 🇺🇸 USA |
 PPG Industries
PPG | 25.9 | 102.59% | 🇺🇸 USA |
 Exxon Mobil XOM | 7.16 | -43.96% | 🇺🇸 USA |
 Dupont De Nemours DD | 6.26 | -51.00% | 🇺🇸 USA |
 FMC FMC | 18.6 | 45.71% | 🇺🇸 USA |
 Westlake Chemical
WLK | 7.71 | -39.66% | 🇺🇸 USA |
 Huntsman Corporation
HUN | 12.9 | 1.30% | 🇺🇸 USA |
 Ashland ASH | 21.6 | 69.07% | 🇺🇸 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.