DOW Dow PE ratio, current and historical analysis
The PE ratio for Dow stock stands at 29.87 as of Nov 21, 2024. This is calculated based on the TTM EPS of $1.5 and the stock price of $44.81 per share. A decrease of 30% has been observed in the PE ratio compared to its average of 42.5 of the last four quarters.
DOW PE ratio history
Over the last six years, the average PE ratio of Dow has been 20.95. The current 29.87 P/E ratio is 43% higher than the historical average. Looking back at the last six years, DOW's PE ratio peaked in the Dec 2023 quarter at 66.88, with a price of $54.84 and an EPS of $0.82. The Sep 2022 quarter marked the lowest point at 5.66, with a price of $43.93 and an EPS of $7.76.
Dow PE ratio by year
Maximum annual increase: 739.15% in 2023
Maximum annual decrease: -80.14% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 66.88 | 739.15% |
| 2022 | 7.97 | 18.6% |
| 2021 | 6.72 | -80.14% |
| 2020 | 33.84 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
DOW average PE ratio chart
DOW's current PE ratio is higher than the 3 and 5-year averages.
DOW PE vs peers
DOW's PE ratio stands lower than its peer stocks DD and WLK, but it is higher than XOM's and PPG's. Dow is currently trading at a higher PE ratio (29.87) than its peers average of 19.8.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FMC Fmc Corp | 5.02 | $7.28B |
| EMN Eastman Chemical Co | 13.76 | $12.01B |
| XOM Exxon Mobil Corp | 15.18 | $535.89B |
| PPG Ppg Industries Inc | 19.35 | $28.46B |
| ASH Ashland Global Holdings Inc | 22.84 | $3.66B |
| DOW Dow Inc | 29.87 | $31.37B |
| DD DuPont de Nemours Inc | 42.65 | $34.59B |
| WLK Westlake Chemical Corp | 176.93 | $16.62B |
| HUN Huntsman CORP | N/A | $3.39B |
Frequently asked questions
What is Dow's PE ratio?
DOW stock has a price to earnings ratio of 29.87 as of Nov 21, 2024.
What is the 3-year average PE ratio for Dow (DOW)?
The average PE ratio for DOW stock over the past 3 years is 22.19.
What is the 5-year average PE ratio for Dow (DOW)?
The average PE ratio for DOW stock over the past 5 years is 21.46.
What is the highest PE ratio for DOW?
Over the last six years, the quarterly PE ratio reached its highest level at 66.88 in the Dec 2023 quarter.
How does the current PE ratio for DOW compare to its historical average?
The current PE ratio of DOW is 43% higher than the 6-year historical average.
How is DOW's PE ratio calculated (Dow PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Dow's share price is $44.81. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.5. Therefore, Dow's PE ratio for today is 29.87. PE RATIO(29.87) = STOCK PRICE($44.81) / TTM EPS($1.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.