P/E ratio for Eastman Chemical (EMN)

P/E ratio history for Eastman Chemical from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Westlake Chemical WLK	14.1	-30.85%	🇺🇸 USA
Celanese CE	10.6	-47.88%	🇺🇸 USA
Dow DOW	26.0	27.36%	🇺🇸 USA
Dupont De Nemours DD	8.44	-58.62%	🇺🇸 USA
Ashland ASH	19.1	-6.32%	🇺🇸 USA
FMC FMC	16.1	-20.90%	🇺🇸 USA
W. R. Grace GRA	N/A	N/A	🇺🇸 USA
Exxon Mobil XOM	11.7	-42.41%	🇺🇸 USA
3M MMM	-9.47	-146.48%	🇺🇸 USA
Sasol SSL	1.37	-93.27%	🇿🇦 South Africa

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.