P/E ratio for Chemours (CC)
P/E ratio as of June 2024 (TTM): -12.2
According to Chemours 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.19. At the end of 2022 the company had a P/E ratio of 8.25.
P/E ratio history for Chemours from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.25 | -8.76% |
| 2021 | 9.05 | -51.47% |
| 2020 | 18.6 | -132.97% |
| 2019 | -56.5 | -1225.82% |
| 2018 | 5.02 | -59.48% |
| 2017 | 12.4 | -97.76% |
| 2016 | 552 | -5276.63% |
| 2015 | -10.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Loop Industries
LOOP | -15.1 | 24.08% | 🇨🇦 Canada |
 Lightwave Logic LWLG | -19.5 | 59.97% | 🇺🇸 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.