Tronox
TROX
#4373
Rank
A$2.98 B
Marketcap
$18.90
Share price
1.49%
Change (1 day)
-1.87%
Change (1 year)

P/E ratio for Tronox (TROX)

P/E ratio as of November 2024 (TTM): -7.01

According to Tronox's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.00571. 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
20224.30-66.73%
202112.9496.48%
20202.17-114.6%
2019-14.8-88.56%
2018-1301417.31%
2017-8.55-56.07%
2016-19.51268.17%
2015-1.42-77.79%
2014-6.40-69.47%
2013-21.0-1592.8%
20121.40-86.27%
201110.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-58.5 735.03%๐Ÿ‡บ๐Ÿ‡ธ USA
113-1,707.02%๐Ÿ‡บ๐Ÿ‡ธ USA
41.9-697.39%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7-466.90%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.