As of Apr 29, 2024, the Balchem stock's price-to-earnings ratio is 41.19. This results from the current EPS of $3.38 and stock price of $139.23. The current PE ratio is nearly equal to the average from the previous four quarters.
The PE ratio of Balchem has averaged 38.72 over the last ten years. The current price-to-earnings ratio of 41.19 is 6% more than the historical average. In the past ten years, BCPC's PE ratio reached its highest point in the Dec 2021 quarter at 56.58, when the stock price was $168.6 and the EPS was $2.98. The lowest point was recorded in the Jun 2015 quarter, when it reached 26.66 with a price of $55.72 and an EPS of $2.09.
Maximum annual increase: 48.88% in 2016
Maximum annual decrease: -39.6% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 44.01 | 18.56% |
| 2022 | 37.12 | -34.39% |
| 2021 | 56.58 | 29.15% |
| 2020 | 43.81 | 6.91% |
| 2019 | 40.98 | 28.14% |
| 2018 | 31.98 | 12.29% |
| 2017 | 28.48 | -39.6% |
| 2016 | 47.15 | 48.88% |
| 2015 | 31.67 | -17.31% |
| 2014 | 38.3 | -1.47% |
BCPC's current P/E ratio is above the 10-year average, but it is lower than the 3 and 5-year averages.
BCPC's PE ratio is above its peer stocks STE and EMN.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EMN Eastman Chemical Co | 12.25 | $11.24B |
| STE STERIS plc | 35.82 | $20.21B |
| BCPC Balchem Corp | 41.46 | $4.52B |
| IFF International Flavors & Fragrances Inc | N/A | $21.77B |
| CDXS Codexis Inc | N/A | $204.58M |
| MMM 3M Co | N/A | $52.9B |
BCPC stock has a price to earnings ratio of 41.19 as of Apr 29, 2024.
The average PE ratio for BCPC stock over the past 3 years is 43.14.
The average PE ratio for BCPC stock over the past 5 years is 42.11.
Over the last ten years, the quarterly PE ratio reached a historic high of 56.58 in the Dec 2021 quarter.
BCPC's price to earnings ratio is currently 6% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 29, 2024), Balchem's stock price is $139.23. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.38. Therefore, Balchem's price to earnings ratio for today is 41.19. PE RATIO(41.19) = STOCK PRICE($139.23) / TTM EPS($3.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.