Covestro AG

Covestro AGverified

1COV.DE

Price:

$54.9

Market Cap:

$10.36B

Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment compr...[Read more]

Industry

Chemicals - Specialty

IPO Date

2015-10-06

Stock Exchange

XETRA

Ticker

1COV.DE

The PE Ratio as of September 2024 (TTM) for Covestro AG (1COV.DE) is -31.73

According to Covestro AG’s latest financial reports and current stock price. The company's current PE Ratio is -31.73. This represents a change of -34.69% compared to the average of -48.59 of the last 4 quarters.

Covestro AG (1COV.DE) Historical PE Ratio (quarterly & annually)

How has 1COV.DE PE Ratio performed in the past?

The mean historical PE Ratio of Covestro AG over the last ten years is 2.39. The current -31.73 PE Ratio has changed -132642.31% with respect to the historical average. Over the past ten years (40 quarters), 1COV.DE's PE Ratio was at its highest in in the September 2022 quarter at 116.15. The PE Ratio was at its lowest in in the December 2014 quarter at -172.13.

Quarterly (TTM)
Annual

Average

2.39

Median

11.13

Minimum

-50.36

Maximum

20.34

Covestro AG (1COV.DE) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Covestro AG PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 202.47%

Maximum Annual PE Ratio = 20.34

Minimum Annual Increase = -483.33%

Minimum Annual PE Ratio = -50.36

Quarterly (TTM)
Annual
YearPE RatioChange
2023-50.36102.76%
2022-24.83-483.33%
20216.48-68.14%
202020.3448.21%
201913.72202.47%
20184.54-47.42%
20178.63-48.03%
201616.609.32%
201515.1911.35%
201413.64-60.46%

Covestro AG (1COV.DE) Average PE Ratio

How has 1COV.DE PE Ratio performed in the past?

The current PE Ratio of Covestro AG (1COV.DE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-22.90

5-year avg

-6.93

10-year avg

2.39

Covestro AG (1COV.DE) PE Ratio vs. Peers

How is 1COV.DE’s PE Ratio compared to its peers?

Covestro AG’s PE Ratio is less than Fresenius SE & Co. KGaA (-17.10), less than HeidelbergCement AG (8.51), greater than Evonik Industries AG (-106.57), less than Continental Aktiengesellschaft (13.62), less than Vonovia SE (-9.22),

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