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Shares of Calgon Carbon Rank the Highest in Terms of P/E Ratio in the Commodity Chemicals Industry (CCC, TROX, TG, OLN, TREC)

By Amy Schwartz

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.

Calgon Carbon ranks highest with a a P/E ratio of 47.08. Tronox Ltd-Cl A is next with a a P/E ratio of 29.67. Tredegar Corp ranks third highest with a a P/E ratio of 23.78.

Olin Corp follows with a a P/E ratio of 19.90, and Trecora Resource rounds out the top five with a a P/E ratio of 15.47.

SmarTrend is tracking the current trend status for Calgon Carbon and will alert subscribers who have CCC in their portfolio or watchlist when shares have changed trend direction.

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