P/E ratio for Sensient Technologies (SXT)
P/E ratio as of April 2024 (TTM): 23.0
According to Sensient Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.9935. At the end of 2022 the company had a P/E ratio of 21.6.
P/E ratio history for Sensient Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.6 | -38.8% |
| 2021 | 35.4 | 23.66% |
| 2020 | 28.6 | -16.07% |
| 2019 | 34.1 | 126.91% |
| 2018 | 15.0 | -57.93% |
| 2017 | 35.7 | 28.96% |
| 2016 | 27.7 | 2.62% |
| 2015 | 27.0 | -31.64% |
| 2014 | 39.4 | 84.51% |
| 2013 | 21.4 | 49.67% |
| 2012 | 14.3 | -9.19% |
| 2011 | 15.7 | -7.09% |
| 2010 | 16.9 | 15.2% |
| 2009 | 14.7 | 17.52% |
| 2008 | 12.5 | -26.61% |
| 2007 | 17.0 | 0.42% |
| 2006 | 17.0 | -9.96% |
| 2005 | 18.8 | 24.1% |
| 2004 | 15.2 | 32.87% |
| 2003 | 11.4 | -13.54% |
| 2002 | 13.2 | -2.19% |
| 2001 | 13.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Eastman Chemical
EMN | 19.4 | -15.53% | 🇺🇸 USA |
 International Flavors & Fragrances
IFF | -9.93 | -143.19% | 🇺🇸 USA |
 Valhi VHI | 62.5 | 171.82% | 🇺🇸 USA |
 Kronos Worldwide KRO | -58.0 | -352.25% | 🇺🇸 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.