P/E ratio for Tronox (TROX)
P/E ratio as of April 2024 (TTM): -9.93
According to Tronox's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.92571. At the end of 2022 the company had a P/E ratio of 4.30.
P/E ratio history for Tronox from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.30 | -66.73% |
| 2021 | 12.9 | 496.48% |
| 2020 | 2.17 | -114.6% |
| 2019 | -14.8 | -88.56% |
| 2018 | -130 | 1417.31% |
| 2017 | -8.55 | -56.07% |
| 2016 | -19.5 | 1268.17% |
| 2015 | -1.42 | -77.79% |
| 2014 | -6.40 | -69.47% |
| 2013 | -21.0 | -1592.8% |
| 2012 | 1.40 | -86.27% |
| 2011 | 10.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Valhi VHI | 59.8 | -702.81% | 🇺🇸 USA |
 Sensient Technologies
SXT | 22.8 | -329.29% | 🇺🇸 USA |
 Kronos Worldwide KRO | -56.8 | 472.25% | 🇺🇸 USA |
 Huntsman Corporation
HUN | 50.4 | -607.39% | 🇺🇸 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.