Trinseo
TSE
#8556
Rank
โ‚ฌ0.11 B
Marketcap
3,39ย โ‚ฌ
Share price
2.60%
Change (1 day)
-43.14%
Change (1 year)

P/E ratio for Trinseo (TSE)

P/E ratio as of November 2024 (TTM): -0.1410

According to Trinseo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.140985. 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%
20214.62-98.11%
20202441381.1%
201916.5143.84%
20186.75-30.43%
20179.7112.12%
20168.66-15.89%
201510.3-194.87%
2014-10.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.9-10,635.16%๐Ÿ‡บ๐Ÿ‡ธ USA
24.7-17,624.20%๐Ÿ‡บ๐Ÿ‡ธ USA
13.9-9,932.89%๐Ÿ‡บ๐Ÿ‡ธ USA
6.38-4,628.58%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.