P/E ratio for Trinseo (TSE)
P/E ratio as of June 2024 (TTM): -0.1116
According to Trinseo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.111597. At the end of 2022 the company had a P/E ratio of -1.84.
P/E ratio history for Trinseo from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.84 | -139.76% |
| 2021 | 4.62 | -98.11% |
| 2020 | 244 | 1381.1% |
| 2019 | 16.5 | 143.84% |
| 2018 | 6.75 | -30.43% |
| 2017 | 9.71 | 12.12% |
| 2016 | 8.66 | -15.89% |
| 2015 | 10.3 | -194.87% |
| 2014 | -10.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Celanese CE | 12.3 | -11,139.45% | 🇺🇸 USA |
 Dow DOW | 30.5 | -27,401.27% | 🇺🇸 USA |
 Westlake Chemical
WLK | 16.3 | -14,690.63% | 🇺🇸 USA |
 Kraton
KRA | 14.9 | -13,409.50% | 🇺🇸 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.