According to ISE Chemicals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.3013. At the end of 2023 the company had a P/E ratio of 11.9.
Year | P/E ratio | Change |
---|---|---|
2023 | 11.9 | 11.83% |
2022 | 10.7 | -2.89% |
2021 | 11.0 | -11.8% |
2020 | 12.4 | -17.88% |
2019 | 15.2 | -40.68% |
2018 | 25.6 | -82.63% |
2017 | 147 | 723.34% |
2016 | 17.9 | 50.57% |
2015 | 11.9 | 27.72% |
2014 | 9.29 | -11.3% |
2013 | 10.5 | 5.38% |
2012 | 9.94 | -21.79% |
2011 | 12.7 | -4.67% |
2010 | 13.3 | -83.25% |
2009 | 79.6 | 278.24% |
2008 | 21.0 |
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.