Element Solutions
ESI
#2425
Rank
$4.70 B
Marketcap
$19.45
Share price
-0.31%
Change (1 day)
-19.33%
Change (1 year)

P/E ratio for Element Solutions (ESI)

P/E ratio as of November 2022 (TTM): 27.0

According to Element Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.0139. At the end of 2021 the company had a P/E ratio of 29.6.

P/E ratio history for Element Solutions from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202129.6-48.23%
202057.281.18%
201931.6-445.32%
2018-9.14-5.08%
2017-9.63-81.35%
2016-51.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
38.4 42.15%๐Ÿ‡บ๐Ÿ‡ธ USA
20.0-25.90%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.