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ALB Albemarle PE ratio, current and historical analysis

As of May 22, 2024, the Albemarle stock's PE ratio is 45.66. This results from the current EPS of $2.77 and stock price of $126.48. The P/E ratio has an increase of 157% from the past four quarters average of 17.8.

ALB PE ratio history

How has ALB's PE ratio performed in the past

The PE ratio of Albemarle has averaged 41.08 over the last ten years. The current PE ratio of 45.66 is 11% above the historical average. Over the past ten years, ALB's PE ratio was at its highest in the Dec 2017 quarter at 261, when the stock price was $127.89 and the EPS was $0.49. The lowest value was in the Sep 2023 quarter, when it reached 6 with a price of $170.04 and an EPS of $28.36.

Average
41.08
Median
22.41
Minimum
6
Maximum
261

Albemarle PE ratio by year

Maximum annual increase: 1,637.68% in 2017

Maximum annual decrease: -95.68% in 2022

Year PE ratio Change
2023 10.77 14.09%
2022 9.44 -95.68%
2021 218.48 422.8%
2020 41.79 187.81%
2019 14.52 20.6%
2018 12.04 -95.39%
2017 261 1,637.68%
2016 15.02 -19.29%
2015 18.61 -47.7%
2014 35.58 176.67%

ALB average PE ratio chart

What is the average PE ratio of ALB for the past years

The current PE ratio of ALB is greater than its 5 and 10-year historical averages, but it is below the 3-year average.

3-year avg
54.43
5-year avg
41.73
10-year avg
41.08
15-year avg
32.72

ALB PE vs peers

What is ALB's PE ratio compared to its peers

Compared to its peer WLK, ALB's PE ratio stands lower, however it is higher than XOM's and DOW's.

Stock name PE ratio Market cap
XOM Exxon Mobil Corp 14.15 $455.34B
DOW Dow Inc 34.08 $40.5B
ALB Albemarle Corp 45.66 $14.86B
WLK Westlake Chemical Corp 78.23 $20.22B
HUN Huntsman CORP N/A $4.4B

Frequently asked questions

What is Albemarle's PE ratio?

The price to earnings ratio for ALB stock as of May 22, 2024, stands at 45.66.

What is the 3-year average PE ratio for Albemarle (ALB)?

As an average over the last 3 years, ALB stock has a PE ratio of 54.43.

What is the 5-year average PE ratio for Albemarle (ALB)?

As an average over the last 5 years, ALB stock has a PE ratio of 41.73.

What is the highest PE ratio for ALB?

The highest quarterly PE ratio in the last ten years has been 261 and it was in the Dec 2017 quarter.

How does the current PE ratio for ALB compare to its historical average?

ALB's price to earnings ratio is currently 11% above its 10-year historical average.

How is ALB's PE ratio calculated (Albemarle PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 22, 2024), Albemarle's stock price is $126.48. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.77. Therefore, Albemarle's P/E ratio for today is 45.66. PE RATIO(45.66) = STOCK PRICE($126.48) / TTM EPS($2.77)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.