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Tronox Ltd-Cl A has the Highest P/E Ratio in the Commodity Chemicals Industry (TROX, CCC, OLN, TREC, TG)

By Shiri Gupta

Below are the three companies in the Commodity Chemicals industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Tronox Ltd-Cl A ranks highest with a a P/E ratio of 40.14. Calgon Carbon is next with a a P/E ratio of 32.26. Olin Corp ranks third highest with a a P/E ratio of 23.94.

Trecora Resource follows with a a P/E ratio of 21.71, and Tredegar Corp rounds out the top five with a a P/E ratio of 18.97.

SmarTrend recommended that subscribers consider buying shares of Trecora Resource on January 18th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $8.57. Since that recommendation, shares of Trecora Resource have risen 10.3%. We continue to monitor Trecora Resource for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio tronox ltd-cl a calgon carbon olin corp trecora resource tredegar corp