The PE ratio for Celanese stock stands at 7.5 as of Nov 21, 2024. This results from the current EPS of $10 and stock price of $75. A decrease of 24% has been seen in the P/E ratio compared to the average of 9.8 of the last 4 quarters.
Over the last ten years, the average PE ratio of Celanese has been 13.54. The current 7.5 PE ratio is 45% below the historical average. Over the past ten years, CE's PE ratio was at its highest in the Dec 2015 quarter at 33.33, with a price of $67.33 and an EPS of $2.02. The Dec 2022 quarter recorded the bottom point at 5.85, with a price of $102.24 and an EPS of $17.48.
Maximum annual increase: 123.99% in 2015
Maximum annual decrease: -61.96% in 2016
Year | PE ratio | Change |
---|---|---|
2023 | 8.63 | 47.52% |
2022 | 5.85 | -40.85% |
2021 | 9.89 | 28.27% |
2020 | 7.71 | -56.93% |
2019 | 17.9 | 78.82% |
2018 | 10.01 | -42.9% |
2017 | 17.53 | 38.25% |
2016 | 12.68 | -61.96% |
2015 | 33.33 | 123.99% |
2014 | 14.88 | 86.47% |
The current PE ratio of CE is below the 3, 5 and 10-year averages.
Compared to its peer stocks XOM and DD, CE's PE ratio stands lower. Celanese's PE ratio is trading below the peer group average of 25.37.
Stock name | PE ratio | Market cap |
---|---|---|
CE Celanese Corp | 7.6 | $8.3B |
EMN Eastman Chemical Co | 14.01 | $12.23B |
XOM Exxon Mobil Corp | 15.16 | $534.88B |
DOW Dow Inc | 30.11 | $31.62B |
DD DuPont de Nemours Inc | 43.04 | $34.9B |
WLK Westlake Chemical Corp | 178.6 | $16.78B |
As of Nov 21, 2024, CE stock has a price to earnings ratio of 7.5.
Over the last 3 years, the average price to earnings ratio for CE stock is 8.31.
Over the last 5 years, the average price to earnings ratio for CE stock is 9.86.
Over the last ten years, the quarterly PE ratio reached a historic high of 33.33 in the Dec 2015 quarter.
CE's price to earnings ratio is currently 45% below its 10-year historical average.
CE's PE ratio of 7.5 is considered low because the company's stock price is trading at a lower multiple of earnings.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Celanese's stock price is $75. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $10. Therefore, Celanese's P/E ratio for today is 7.5. PE RATIO(7.5) = STOCK PRICE($75) / TTM EPS($10)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.