According to Orion Engineered Carbons's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1813. At the end of 2022 the company had a P/E ratio of 10.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.2 | 24.32% |
2021 | 8.23 | -85.59% |
2020 | 57.1 | 329.24% |
2019 | 13.3 | 11.1% |
2018 | 12.0 | -40.01% |
2017 | 20.0 | -13.18% |
2016 | 23.0 | 43.64% |
2015 | 16.0 | -211.69% |
2014 | -14.3 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Methanex MEOH | 17.7 | 45.24% | ๐จ๐ฆ Canada |
Balchem BCPC | 44.4 | 264.23% | ๐บ๐ธ USA |
Stepan Company
SCL | 35.7 | 192.89% | ๐บ๐ธ USA |
Ashland ASH | 21.4 | 75.94% | ๐บ๐ธ USA |
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.