Top chemical companies by P/E ratio

Companies: 203 average P/E ratio (TTM): 23.7

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.

Rank	Name	P/E ratio	Price	Today	Country
201	LB Group (LomonBillions) 002601.SZ	12.5	₹227.32	0.62%	🇨🇳 China
202	Mitsui Chemicals 4183.T	15.5	₹2,257	0.03%	🇯🇵 Japan
203	Jiangsu Eastern Shenghong 000301.SZ	27.7	₹117.66	0.00%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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