Eastman Chemical
EMN
#1771
Rank
NZ$15.50 B
Marketcap
$134.25
Share price
-6.15%
Change (1 day)
-20.85%
Change (1 year)
Eastman Chemical Company is an American company primarily involved in the chemical industry that once was a subsidiary of Kodak.

P/E ratio for Eastman Chemical (EMN)

P/E ratio as of April 2025 (TTM): 15.4

According to Eastman Chemical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3791. At the end of 2022 the company had a P/E ratio of 12.8.

P/E ratio history for Eastman Chemical from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.8-32.33%
202118.9-33.58%
202028.598.05%
201914.450.12%
20189.585.5%
20179.08-28.99%
201612.88.18%
201511.8-21.76%
201415.141.75%
201310.7-51.28%
201221.9143.96%
20118.97-37.06%
201014.3-55.29%
200931.9360.35%
20086.92-58.97%
200716.941.41%
200611.959.61%
20057.48-71.51%
200426.2-332.34%
2003-11.3-124.27%
200246.5-371.97%
2001-17.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.37-39.05%๐Ÿ‡บ๐Ÿ‡ธ USA
3.51-77.18%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6 1.21%๐Ÿ‡บ๐Ÿ‡ธ USA
6.23-59.51%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9-28.99%๐Ÿ‡บ๐Ÿ‡ธ USA
9.06-41.10%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
10.6-31.37%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.76-163.43%๐Ÿ‡บ๐Ÿ‡ธ USA
0.7342-95.23%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa

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.