According to LyondellBasell's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6114. At the end of 2022 the company had a P/E ratio of 7.01.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.01 | 27.51% |
2021 | 5.50 | -74.56% |
2020 | 21.6 | 119.89% |
2019 | 9.83 | 42.46% |
2018 | 6.90 | -23.24% |
2017 | 8.99 | -3.62% |
2016 | 9.33 | 3.12% |
2015 | 9.05 | -8.06% |
2014 | 9.84 | -16.3% |
2013 | 11.8 | 2.02% |
2012 | 11.5 | 33.24% |
2011 | 8.65 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Celanese CE | 14.7 | 0.53% | ๐บ๐ธ USA |
Dow DOW | 31.5 | 115.47% | ๐บ๐ธ USA |
Dupont De Nemours DD | 7.91 | -45.85% | ๐บ๐ธ USA |
Westlake Chemical
WLK | 16.2 | 11.13% | ๐บ๐ธ USA |
Sasol SSL | 1.78 | -87.83% | ๐ฟ๐ฆ South Africa |
Braskem BAK | -6.45 | -144.11% | ๐ง๐ท Brazil |
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.