As of Nov 21, 2024, the APD stock has a PE ratio of 19.11. The calculation is based on the latest EPS of $17.21 and the stock price of $328.88 per share. A decrease of 13% has been observed in the PE ratio compared to its average of 21.9 of the last four quarters.
The mean historical PE ratio of Air Products & Chemicals over the last ten years is 27.88. The current 19.11 P/E ratio is 31% 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 |
---|---|---|
2024 | 17.3 | -36.82% |
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% |
The current PE ratio of APD is lower than its 3, 5 and 10-year averages.
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 26.28.
Stock name | PE ratio | Market cap |
---|---|---|
VLO Valero Energy Corp | 12.49 | $44.72B |
APD Air Products & Chemicals Inc | 19.19 | $73.46B |
MEOH Methanex Corp. | 20.17 | $3.07B |
DOW Dow Inc | 30.14 | $31.65B |
DD DuPont de Nemours Inc | 42.92 | $34.8B |
APD stock has a price to earnings ratio of 19.11 as of Nov 21, 2024.
Over the last 3 years, the average price to earnings ratio for APD stock is 25.56.
Over the last 5 years, the average price to earnings ratio for APD stock is 27.2.
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 31% 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 (Nov 21, 2024), Air Products & Chemicals's share price is $328.88. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $17.21. Therefore, Air Products & Chemicals's PE ratio for today is 19.11. PE RATIO(19.11) = STOCK PRICE($328.88) / TTM EPS($17.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.