Olin
OLN
#2793
Rank
โ‚ฌ4.56 B
Marketcap
39,12ย โ‚ฌ
Share price
0.17%
Change (1 day)
-9.24%
Change (1 year)

P/E ratio for Olin (OLN)

P/E ratio as of November 2024 (TTM): 8.94

According to Olin's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.93534. At the end of 2022 the company had a P/E ratio of 5.84.

P/E ratio history for Olin from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.84-17.21%
20217.06-276.73%
2020-3.99-97.92%
2019-192-1977.59%
201810.2-5.61%
201710.8-100.84%
2016< -1000-3290.12%
201540.1134.46%
201417.131.74%
201313.011.96%
201211.678.99%
20116.49-74.08%
201025.0148.53%
200910.115.28%
20088.73-105.42%
2007-161-2108.67%
20068.02-23.8%
200510.5-62.24%
200427.9-158.36%
2003-47.899.65%
2002-23.9-67.39%
2001-73.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
40.3 351.37%๐Ÿ‡บ๐Ÿ‡ธ USA
32.7 266.21%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2 126.37%๐Ÿ‡บ๐Ÿ‡ธ USA
20.5 129.83%๐Ÿ‡บ๐Ÿ‡ธ USA
13.5 51.09%๐Ÿ‡บ๐Ÿ‡ธ USA
3.09-65.42%๐Ÿ‡จ๐Ÿ‡ฑ Chile

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.