According to LOTTE Chemical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -40.2581. At the end of 2022 the company had a P/E ratio of 99.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 99.3 | 1680.01% |
2021 | 5.58 | -90.66% |
2020 | 59.7 | 456% |
2019 | 10.7 | 79.9% |
2018 | 5.97 | 8.68% |
2017 | 5.49 | -18.91% |
2016 | 6.77 | -18.07% |
2015 | 8.27 | -77.48% |
2014 | 36.7 | 35.23% |
2013 | 27.1 | 4.2% |
2012 | 26.0 | 171.68% |
2011 | 9.59 | -11.44% |
2010 | 10.8 | 165.93% |
2009 | 4.07 | -113.77% |
2008 | -29.6 | -536.95% |
2007 | 6.76 |
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.