As of Apr 26, 2024, the APD stock has a PE ratio of 22.44. The calculation is based on the latest EPS of $10.52 and the stock price of $236.08 per share. A decrease of 21% has been observed in the PE ratio compared to its average of 28.3 of the last four quarters.
The mean historical PE ratio of Air Products & Chemicals over the last ten years is 28.43. The current 22.44 P/E ratio is 21% 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.
Maximum annual increase: 140.16% in 2016
Maximum annual decrease: -78.66% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 27.38 | 19.51% |
| 2022 | 22.91 | -15.27% |
| 2021 | 27.04 | -22.57% |
| 2020 | 34.92 | 25.75% |
| 2019 | 27.77 | 13.53% |
| 2018 | 24.46 | 122.57% |
| 2017 | 10.99 | -78.66% |
| 2016 | 51.49 | 140.16% |
| 2015 | 21.44 | -23.26% |
| 2014 | 27.94 | 24.29% |
The current PE ratio of APD is lower than its 3, 5 and 10-year averages.
In comparison to its peers DOW and DD, APD's PE ratio is lower, but it is higher than VLO's and MEOH's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VLO Valero Energy Corp | 8.14 | $54.22B |
| MEOH Methanex Corp. | 19.46 | $3.25B |
| APD Air Products & Chemicals Inc | 22.44 | $52.48B |
| DOW Dow Inc | 33.9 | $40.29B |
| DD DuPont de Nemours Inc | 78.41 | $30.78B |
APD stock has a price to earnings ratio of 22.44 as of Apr 26, 2024.
Over the last 3 years, the average price to earnings ratio for APD stock is 27.69.
Over the last 5 years, the average price to earnings ratio for APD stock is 28.4.
Over the last ten years, the quarterly PE ratio reached its highest level at 56.05 in the Mar 2016 quarter.
APD's current price to earnings ratio is 21% below its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 26, 2024), Air Products & Chemicals's share price is $236.08. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $10.52. Therefore, Air Products & Chemicals's PE ratio for today is 22.44. PE RATIO(22.44) = STOCK PRICE($236.08) / TTM EPS($10.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.