As of Sep 28, 2023, the APD stock has a PE ratio of 29.09. The calculation is based on the latest EPS of $9.86 and the stock price of $286.87 per share. An increase of 3.2% has been observed in the PE ratio compared to its average of 28.2 of the last four quarters.
The mean historical PE ratio of Air Products & Chemicals over the last ten years is 28.16. The current 29.09 P/E ratio is 3.3% higher 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 |
|---|---|---|
| 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% |
| 2013 | 22.48 | 50.37% |
The current PE ratio of APD is higher than its 5 and 10-year averages, but it is lower than its 3-year average.
In comparison to its peer stocks VLO and DOW, APD's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VLO Valero Energy Corp | 4.94 | $50.63B |
| DD DuPont de Nemours Inc | 7.89 | $34.47B |
| DOW Dow Inc | 21 | $36.18B |
| APD Air Products & Chemicals Inc | 29.11 | $63.77B |
APD stock has a price to earnings ratio of 29.09 as of Sep 28, 2023.
Over the last 3 years, the average price to earnings ratio for APD stock is 29.25.
Over the last 5 years, the average price to earnings ratio for APD stock is 27.81.
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 3.3% above 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 (Sep 28, 2023), Air Products & Chemicals's share price is $286.87. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $9.86. Therefore, Air Products & Chemicals's PE ratio for today is 29.09. PE RATIO(29.09) = STOCK PRICE($286.87) / TTM EPS($9.86)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.