Trecora Resources
TREC
#6014
Rank
$0.23 B
Marketcap
$9.81
Share price
0.00%
Change (1 day)
22.63%
Change (1 year)

P/E ratio for Trecora Resources (TREC)

P/E ratio as of December 2022 (TTM): 26.5

According to Trecora Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.5135. At the end of 2021 the company had a P/E ratio of 38.5.

P/E ratio history for Trecora Resources from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202138.5
2018-78.0-527.56%
201718.22.74%
201617.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.93-81.41%๐Ÿ‡บ๐Ÿ‡ธ USA
9.04-65.89%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.15-119.41%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7-55.84%๐Ÿ‡บ๐Ÿ‡ธ 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.