As of May 6, 2024, the Innospec stock's P/E ratio is 22.21. This takes into account the latest EPS of $5.6 and stock price of $124.4. The PE ratio has increased by 9% from its last 4 quarters average of 20.3.
The PE ratio of Innospec has averaged 24.32 over the last ten years. The current price-to-earnings ratio of 22.21 is 9% less than the historical average. Analyzing the last ten years, IOSP's PE ratio reached its highest point in the Mar 2021 quarter at 133.36, when the price was $102.69 and the EPS was $0.77. The lowest point was recorded in the Mar 2016 quarter, when it reached 8.64 with a price of $43.36 and an EPS of $5.02.
Maximum annual increase: 243.29% in 2020
Maximum annual decrease: -69.18% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 22.01 | 14.93% |
| 2022 | 19.15 | -19.87% |
| 2021 | 23.9 | -69.18% |
| 2020 | 77.55 | 243.29% |
| 2019 | 22.59 | 27.27% |
| 2018 | 17.75 | -35.64% |
| 2017 | 27.58 | 36.47% |
| 2016 | 20.21 | 84.57% |
| 2015 | 10.95 | -11.55% |
| 2014 | 12.38 | -11.89% |
The current PE ratio of IOSP is higher than the 3-year average, but it is under its 5 and 10-year averages.
IOSP's PE ratio is less than its peer stocks ALB and SXT, but it is above NEU's. Innospec's current PE ratio of 22.21 is less than the average of its peers, which is 33.28.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NEU Newmarket Corp | 13.41 | $5.35B |
| IOSP Innospec Inc | 22.39 | $3.12B |
| SXT Sensient Technologies Corp | 33.88 | $3.18B |
| NTIC Northern Technologies International Corp | 39.31 | $177.9M |
| ALB Albemarle Corp | 48.49 | $15.79B |
| HUN Huntsman CORP | N/A | $4.37B |
The price to earnings ratio for IOSP stock is 22.21 as of May 6, 2024.
The 3-year average PE ratio for IOSP stock is 21.14.
The 5-year average PE ratio for IOSP stock is 31.73.
Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 133.36.
IOSP's price to earnings ratio is currently 9% below its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 6, 2024), Innospec's share price is $124.4. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5.6. Therefore, Innospec's price to earnings ratio for today is 22.21. PE RATIO(22.21) = STOCK PRICE($124.4) / TTM EPS($5.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.