Celanese
CE
#1796
Rank
โ‚ฌ8.64 B
Marketcap
79,14ย โ‚ฌ
Share price
-5.48%
Change (1 day)
-28.45%
Change (1 year)
Celanese Corporation, also known as Hoechst Celanese is an American company that produces acetyl products.

P/E ratio for Celanese (CE)

P/E ratio as of November 2024 (TTM): 7.25

According to Celanese's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.24786. At the end of 2022 the company had a P/E ratio of 5.85.

P/E ratio history for Celanese from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.85-40.73%
20219.8729.41%
20207.63-57.82%
201918.179.65%
201810.1-42.58%
201717.538.22%
201612.7-62.15%
201533.5123.47%
201415.088.9%
20137.94-30.5%
201211.4-29.59%
201116.2-5.86%
201017.278.7%
20099.6441.14%
20086.83-56.43%
200715.752.02%
200610.3-8.32%
200511.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
20.6 184.55%๐Ÿ‡บ๐Ÿ‡ธ USA
25.3 248.60%๐Ÿ‡บ๐Ÿ‡ธ USA
8.69 19.85%๐Ÿ‡บ๐Ÿ‡ธ USA
14.0 93.76%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0 65.94%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.