EMN Eastman Chemical PE ratio, current and historical analysis
As at Nov 21, 2024, the EMN stock has a PE ratio of 13.76. This is based on the current EPS of $7.53 and the stock price of $103.6 per share. An increase of 4.4% has been recorded in the P/E ratio compared to the average of 13.2 of the last 4 quarters.
EMN PE ratio history
The mean historical PE ratio of Eastman Chemical over the last ten years is 15.09. The current 13.76 PE ratio is 9% below the historical average. In the past ten years, EMN's PE ratio was at its highest in the Jun 2021 quarter at 49.26, with a price of $116.75 and an EPS of $2.37. The Sep 2022 quarter recorded the bottom point at 7.75, with a price of $71.05 and an EPS of $9.17.
Eastman Chemical PE ratio by year
Maximum annual increase: 97.84% in 2020
Maximum annual decrease: -33.35% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.91 | -6.15% |
| 2022 | 12.69 | -33.35% |
| 2021 | 19.04 | -32.98% |
| 2020 | 28.41 | 97.84% |
| 2019 | 14.36 | 50.21% |
| 2018 | 9.56 | -1.34% |
| 2017 | 9.69 | -25.29% |
| 2016 | 12.97 | 9.73% |
| 2015 | 11.82 | -21.62% |
| 2014 | 15.08 | 41.46% |
EMN average PE ratio chart
Currently, EMN's PE ratio is above the 3-year historical average, but it is lower than the 5 and 10-year averages.
EMN PE vs peers
Compared to its peers XOM and MMM, EMN's PE ratio stands lower, however it is higher than CE's and FMC's. Eastman Chemical's PE ratio is trading below the peer group average of 19.87.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FMC Fmc Corp | 5.04 | $7.31B |
| CE Celanese Corp | 7.54 | $8.25B |
| EMN Eastman Chemical Co | 14 | $12.22B |
| XOM Exxon Mobil Corp | 15.31 | $540.25B |
| MMM 3M Co | 15.97 | $69.05B |
| ASH Ashland Global Holdings Inc | 23.07 | $3.69B |
| DOW Dow Inc | 30.09 | $31.6B |
| DD DuPont de Nemours Inc | 42.87 | $34.76B |
| WLK Westlake Chemical Corp | 178.46 | $16.77B |
Frequently asked questions
What is Eastman Chemical's PE ratio?
As of Nov 21, 2024, EMN stock has a price to earnings ratio of 13.76.
What is the 3-year average PE ratio for Eastman Chemical (EMN)?
The average PE ratio for EMN stock over the past 3 years is 13.68.
What is the 5-year average PE ratio for Eastman Chemical (EMN)?
The average PE ratio for EMN stock over the past 5 years is 17.98.
What is the highest PE ratio for EMN?
Over the last ten years, the quarterly PE ratio reached a historic high of 49.26 in the Jun 2021 quarter.
How does the current PE ratio for EMN compare to its historical average?
EMN's current price to earnings ratio is 9% below its 10-year historical average.
How is EMN's PE ratio calculated (Eastman Chemical PE ratio formula)?
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), Eastman Chemical's stock price is $103.6. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $7.53. Therefore, Eastman Chemical's P/E ratio for today is 13.76. PE RATIO(13.76) = STOCK PRICE($103.6) / TTM EPS($7.53)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.