The price to earnings (P/E) ratio is a measurement often used to determine stock valuation. In short, P/E is used to measure what the market is willing to pay for a company based on its earnings. The trailing P/E for chemicals companies operating in the paper/forest products market was approximately 96.8. This meant in theory that investors would be willing to pay 96.8 (dollars or currency used) for every one (dollar or currency used) the company made through earnings.
Another formula that is used by investors to measure the value of an industry or potential target company for acquisition is the enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA).
Trailing and forward price to earnings ratio (PE ratio) in the chemicals and resources sector in Western Europe 2024, by industry
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Leonard N. Stern School of Business. (January 5, 2024). Trailing and forward price to earnings ratio (PE ratio) in the chemicals and resources sector in Western Europe 2024, by industry [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1028179/price-earnings-in-the-chemicals-and-resources-sector-in-europe/
Leonard N. Stern School of Business. "Trailing and forward price to earnings ratio (PE ratio) in the chemicals and resources sector in Western Europe 2024, by industry." Chart. January 5, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1028179/price-earnings-in-the-chemicals-and-resources-sector-in-europe/
Leonard N. Stern School of Business. (2024). Trailing and forward price to earnings ratio (PE ratio) in the chemicals and resources sector in Western Europe 2024, by industry. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1028179/price-earnings-in-the-chemicals-and-resources-sector-in-europe/
Leonard N. Stern School of Business. "Trailing and Forward Price to Earnings Ratio (Pe Ratio) in The Chemicals and Resources Sector in Western Europe 2024, by Industry." Statista, Statista Inc., 5 Jan 2024, https://www.statista.com/statistics/1028179/price-earnings-in-the-chemicals-and-resources-sector-in-europe/
Leonard N. Stern School of Business, Trailing and forward price to earnings ratio (PE ratio) in the chemicals and resources sector in Western Europe 2024, by industry Statista, https://www.statista.com/statistics/1028179/price-earnings-in-the-chemicals-and-resources-sector-in-europe/ (last visited December 19, 2024)
Trailing and forward price to earnings ratio (PE ratio) in the chemicals and resources sector in Western Europe 2024, by industry [Graph], Leonard N. Stern School of Business, January 5, 2024. [Online]. Available: https://www.statista.com/statistics/1028179/price-earnings-in-the-chemicals-and-resources-sector-in-europe/
