P/E ratio for Celanese (CE)

P/E ratio history for Celanese from 2005 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
W. R. Grace GRA	N/A	N/A	🇺🇸 USA
Eastman Chemical EMN	21.2	234.09%	🇺🇸 USA
Dow DOW	24.1	280.22%	🇺🇸 USA
Dupont De Nemours DD	8.64	36.20%	🇺🇸 USA
Westlake Chemical WLK	13.7	115.57%	🇺🇸 USA
Exxon Mobil XOM	11.7	84.49%	🇺🇸 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.