According to Rayonier Advanced Materials 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.4828. At the end of 2022 the company had a P/E ratio of -43.6.
Year | P/E ratio | Change |
---|---|---|
2022 | -43.6 | -894.78% |
2021 | 5.49 | -98.32% |
2020 | 326 | -6297.4% |
2019 | -5.26 | -210.64% |
2018 | 4.75 | 57.63% |
2017 | 3.02 | -68.59% |
2016 | 9.60 | 28.49% |
2015 | 7.47 | -74.74% |
2014 | 29.6 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Methanex MEOH | 16.8 | 1.79% | ๐จ๐ฆ Canada |
Balchem BCPC | 48.0 | 191.43% | ๐บ๐ธ USA |
Stepan Company
SCL | 39.1 | 137.51% | ๐บ๐ธ USA |
Orion Engineered Carbons OEC | 12.2 | -26.07% | 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.