Covestro AG

Covestro AGverified

COVTY

Price:

$31.19

Market Cap:

$10.58B

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

2016-03-22

Stock Exchange

PNK

Ticker

COVTY

The PE Ratio as of September 2024 (TTM) for Covestro AG (COVTY) is -32.83

According to Covestro AG’s latest financial reports and current stock price. The company's current PE Ratio is -32.83. This represents a change of 35.23% compared to the average of -24.28 of the last 4 quarters.

Covestro AG (COVTY) Historical PE Ratio (quarterly & annually)

How has COVTY PE Ratio performed in the past?

The mean historical PE Ratio of Covestro AG over the last ten years is 6.48. The current -32.83 PE Ratio has changed -50768.05% with respect to the historical average. Over the past ten years (40 quarters), COVTY's PE Ratio was at its highest in in the September 2022 quarter at 114.68. The PE Ratio was at its lowest in in the December 2014 quarter at -191.07.

Quarterly (TTM)
Annual

Average

6.48

Median

6.53

Minimum

-25.27

Maximum

30.28

Covestro AG (COVTY) 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 = 104.73%

Maximum Annual PE Ratio = 30.28

Minimum Annual Increase = -511.77%

Minimum Annual PE Ratio = -25.27

Quarterly (TTM)
Annual
YearPE RatioChange
2023-25.27104.73%
2022-12.34-511.77%
20213.00-67.10%
20209.1155.56%
20195.8650.55%
20183.89-46.01%
20177.21-46.45%
201613.46-54.55%
201529.61-2.23%
201430.28-55.06%

Covestro AG (COVTY) Average PE Ratio

How has COVTY PE Ratio performed in the past?

The current PE Ratio of Covestro AG (COVTY) 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

-11.54

5-year avg

-3.93

10-year avg

6.48

Covestro AG (COVTY) PE Ratio vs. Peers

How is COVTY’s PE Ratio compared to its peers?

Covestro AG’s PE Ratio is less than Symrise AG (0), less than Fuchs Petrolub SE (8.21), less than Linde plc (4.27), less than H.B. Fuller Company (35.56), less than Minerals Technologies Inc. (27.06), less than Quaker Chemical Corporation (26.86), less than Oil-Dri Corporation of America (23.77), less than Sensient Technologies Corporation (10.13), less than Akzo Nobel N.V. (36.32), less than L'Air Liquide S.A. (16.80), less than Asia Carbon Industries, Inc. (32.21), less than Akzo Nobel N.V. (0.00), less than Avoca LLC (16.39), greater than null (-42.92),

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