APD Air Products & Chemicals PE ratio, current and historical analysis
As of Feb 21, 2025, the APD stock has a PE ratio of 17.98. The calculation is based on the latest EPS of $17.24 and the stock price of $309.89 per share. A decrease of 8% has been observed in the PE ratio compared to its average of 19.6 of the last four quarters.
APD PE ratio history
The mean historical PE ratio of Air Products & Chemicals over the last ten years is 27.55. The current 17.98 P/E ratio is 35% lower than the historical average. Looking back at the last ten years, APD's PE ratio peaked in the Mar 2016 quarter at 56.05, with a price of $144.05 and an EPS of $2.57. The Mar 2017 quarter marked the lowest point at 9.28, with a price of $135.29 and an EPS of $14.58.
Air Products & Chemicals PE ratio by year
Maximum annual increase: 140.16% in 2016
Maximum annual decrease: -78.66% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 17.3 | -36.82% | $297.74 | $17.21 |
| 2023 | 27.38 | 19.51% | $283.4 | $10.35 |
| 2022 | 22.91 | -15.27% | $232.73 | $10.16 |
| 2021 | 27.04 | -22.57% | $256.11 | $9.47 |
| 2020 | 34.92 | 25.75% | $297.86 | $8.53 |
| 2019 | 27.77 | 13.53% | $221.86 | $7.99 |
| 2018 | 24.46 | 122.57% | $167.05 | $6.83 |
| 2017 | 10.99 | -78.66% | $151.22 | $13.76 |
| 2016 | 51.49 | 140.16% | $150.34 | $2.92 |
| 2015 | 21.44 | -23.26% | $127.58 | $5.95 |
| 2014 | 27.94 | 24.29% | $130.18 | $4.66 |
| 2013 | 22.48 | 50.37% | $106.57 | $4.74 |
| 2012 | 14.95 | 12.58% | $82.7 | $5.53 |
| 2011 | 13.28 | -22.25% | $76.37 | $5.75 |
| 2010 | 17.08 | -33.72% | $82.82 | $4.85 |
Air Products & Chemicals PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 16.82 | -2.77% | $290.04 | $17.24 |
| Sep 2024 | 17.3 | -22.49% | $297.74 | $17.21 |
| Jun 2024 | 22.32 | 2.34% | $258.05 | $11.56 |
| Mar 2024 | 21.81 | -16.21% | $242.27 | $11.11 |
| Dec 2023 | 26.03 | -4.93% | $273.8 | $10.52 |
| Sep 2023 | 27.38 | -9.87% | $283.4 | $10.35 |
| Jun 2023 | 30.38 | 3.65% | $299.53 | $9.86 |
| Mar 2023 | 29.31 | -2.91% | $287.21 | $9.8 |
| Dec 2022 | 30.19 | 31.78% | $308.26 | $10.21 |
| Sep 2022 | 22.91 | -1.97% | $232.73 | $10.16 |
| Jun 2022 | 23.37 | -5.73% | $240.48 | $10.29 |
| Mar 2022 | 24.79 | -19.98% | $249.91 | $10.08 |
| Dec 2021 | 30.98 | 14.57% | $304.26 | $9.82 |
| Sep 2021 | 27.04 | -16.16% | $256.11 | $9.47 |
| Jun 2021 | 32.25 | -2.21% | $287.68 | $8.92 |
APD average PE ratio chart
The current PE ratio of APD is lower than its 3, 5 and 10-year averages.
APD PE vs peers
In comparison to its peers DD and DOW, APD's PE ratio is lower, but it is higher than VLO's. Air Products & Chemicals's PE ratio is trading below the peer average of 25.97.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VLO Valero Energy Corp | 11.91 | $42.66B |
| APD Air Products & Chemicals Inc | 17.98 | $68.94B |
| MEOH Methanex Corp. | 18.21 | $2.98B |
| DOW Dow Inc | 25.17 | $27.81B |
| DD DuPont de Nemours Inc | 48.6 | $34.13B |
Frequently asked questions
What is Air Products & Chemicals's PE ratio?
APD stock has a price to earnings ratio of 17.98 as of Feb 21, 2025.
What is the 3-year average PE ratio for Air Products & Chemicals (APD)?
Over the last 3 years, the average price to earnings ratio for APD stock is 24.38.
What is the 5-year average PE ratio for Air Products & Chemicals (APD)?
Over the last 5 years, the average price to earnings ratio for APD stock is 26.67.
What is the highest PE ratio for APD?
Over the last ten years, the quarterly PE ratio reached its highest level at 56.05 in the Mar 2016 quarter.
How does the current PE ratio for APD compare to its historical average?
APD's current price to earnings ratio is 35% below its 10-year historical average.
How is APD's PE ratio calculated (Air Products & Chemicals PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 21, 2025), Air Products & Chemicals's share price is $309.89. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $17.24. Therefore, Air Products & Chemicals's PE ratio for today is 17.98. PE RATIO(17.98) = STOCK PRICE($309.89) / TTM EPS($17.24)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.