The PE ratio for Dow stock stands at 33.9 as of Apr 26, 2024. This is calculated based on the TTM EPS of $1.69 and the stock price of $57.29 per share. A decrease of 10% has been observed in the PE ratio compared to its average of 37.7 of the last four quarters.
Over the last five years, the average PE ratio of Dow has been 19.26. The current 33.9 P/E ratio is 76% higher than the historical average. Looking back at the last five 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.
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's current PE ratio is higher than the 3 and 5-year averages.
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 (33.9) than its peers average of 23.74.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FMC Fmc Corp | 5.54 | $7.29B |
| EMN Eastman Chemical Co | 12.25 | $11.24B |
| XOM Exxon Mobil Corp | 13.27 | $468.05B |
| PPG Ppg Industries Inc | 21.84 | $30.52B |
| ASH Ashland Global Holdings Inc | 30.69 | $4.81B |
| DOW Dow Inc | 33.9 | $40.29B |
| WLK Westlake Chemical Corp | 40.09 | $19.17B |
| HUN Huntsman CORP | 42.09 | $4.13B |
| DD DuPont de Nemours Inc | 78.41 | $30.78B |
DOW stock has a price to earnings ratio of 33.9 as of Apr 26, 2024.
The average PE ratio for DOW stock over the past 3 years is 18.03.
The average PE ratio for DOW stock over the past 5 years is 19.26.
Over the last five years, the quarterly PE ratio reached its highest level at 66.88 in the Dec 2023 quarter.
The current PE ratio of DOW is 76% higher than the 5-year historical average.
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 (Apr 26, 2024), Dow's share price is $57.29. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.69. Therefore, Dow's PE ratio for today is 33.9. PE RATIO(33.9) = STOCK PRICE($57.29) / TTM EPS($1.69)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.