According to LOTTE Chemical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.28996. At the end of 2023 the company had a P/E ratio of -122.
Year | P/E ratio | Change |
---|---|---|
2023 | -122 | -223.1% |
2022 | 99.1 | 1676.22% |
2021 | 5.58 | -90.66% |
2020 | 59.7 | 455.97% |
2019 | 10.7 | 79.91% |
2018 | 5.97 | 8.65% |
2017 | 5.49 | -18.88% |
2016 | 6.77 | -18.07% |
2015 | 8.27 | -77.48% |
2014 | 36.7 | 35.21% |
2013 | 27.1 | 4.21% |
2012 | 26.1 | 168.39% |
2011 | 9.71 | -10.99% |
2010 | 10.9 | 166.43% |
2009 | 4.09 | -111.57% |
2008 | -35.4 | -616.83% |
2007 | 6.84 |
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.