Chemours
CC
#3613
Rank
โ‚น250.14 B
Marketcap
โ‚น1,674
Share price
2.96%
Change (1 day)
-25.66%
Change (1 year)

P/E ratio for Chemours (CC)

P/E ratio as of November 2024 (TTM): -9.63

According to Chemours 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.625. At the end of 2022 the company had a P/E ratio of 8.25.

P/E ratio history for Chemours from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.25-8.76%
20219.05-51.47%
202018.6-132.97%
2019-56.5-1225.82%
20185.02-59.48%
201712.4-97.76%
2016552-5276.63%
2015-10.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-15.4 59.88%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.83-18.70%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.