P/E ratio for Olin (OLN)
P/E ratio as of April 2024 (TTM): 11.6
According to Olin's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.6379. At the end of 2022 the company had a P/E ratio of 5.84.
P/E ratio history for Olin from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.84 | -17.21% |
| 2021 | 7.06 | -276.73% |
| 2020 | -3.99 | -97.92% |
| 2019 | -192 | -1977.59% |
| 2018 | 10.2 | -5.61% |
| 2017 | 10.8 | -100.84% |
| 2016 | < -1000 | -3290.12% |
| 2015 | 40.1 | 134.46% |
| 2014 | 17.1 | 31.74% |
| 2013 | 13.0 | 11.96% |
| 2012 | 11.6 | 78.99% |
| 2011 | 6.49 | -74.08% |
| 2010 | 25.0 | 148.53% |
| 2009 | 10.1 | 15.28% |
| 2008 | 8.73 | -105.42% |
| 2007 | -161 | -2108.67% |
| 2006 | 8.02 | -23.8% |
| 2005 | 10.5 | -62.24% |
| 2004 | 27.9 | -158.36% |
| 2003 | -47.8 | 99.65% |
| 2002 | -23.9 | -67.39% |
| 2001 | -73.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PPG Industries
PPG | 22.5 | 93.04% | 🇺🇸 USA |
 Westlake Chemical
WLK | 16.3 | 39.96% | 🇺🇸 USA |
 Cabot Corporation
CBT | 17.3 | 48.65% | 🇺🇸 USA |
 Stepan Company
SCL | 36.2 | 210.90% | 🇺🇸 USA |
 Sociedad Química y Minera SQM | 3.74 | -67.82% | 🇨🇱 Chile |
 Minerals Technologies MTX | 36.1 | 210.37% | 🇺🇸 USA |
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.