Arkema
AKE.PA
#2522
Rank
S$7.60 B
Marketcap
$100.29
Share price
0.42%
Change (1 day)
-33.01%
Change (1 year)

P/E ratio for Arkema (AKE.PA)

P/E ratio as of December 2024 (TTM): 10.5

According to Arkema's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5136. At the end of 2022 the company had a P/E ratio of 6.55.

P/E ratio history for Arkema from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.55-9.33%
20217.22-69.26%
202023.560.01%
201914.773.15%
20188.48-40.13%
201714.2-13.44%
201616.4-2.71%
201516.8-22.73%
201421.8-31.12%
201331.635.48%
201223.3-8.32%
201125.4202.94%
20108.40-210.79%
2009-7.58-202.1%
20087.42-66.63%
200722.2-57.14%
200651.9

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.