As at Apr 26, 2024, the EMN stock has a PE ratio of 12.25. This is based on the current EPS of $7.8 and the stock price of $95.56 per share. A decrease of 10% has been recorded in the P/E ratio compared to the average of 13.5 of the last 4 quarters.
The mean historical PE ratio of Eastman Chemical over the last ten years is 14.95. The current 12.25 PE ratio is 18% 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.
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% |
Currently, EMN's PE ratio is lower than the 3, 5 and 10-year averages.
Compared to its peers XOM and DOW, 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 22.01.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FMC Fmc Corp | 5.54 | $7.29B |
| CE Celanese Corp | 8.58 | $16.82B |
| EMN Eastman Chemical Co | 12.25 | $11.24B |
| XOM Exxon Mobil Corp | 13.27 | $468.05B |
| ASH Ashland Global Holdings Inc | 30.69 | $4.81B |
| DOW Dow Inc | 33.9 | $40.29B |
| WLK Westlake Chemical Corp | 40.09 | $19.17B |
| DD DuPont de Nemours Inc | 78.41 | $30.78B |
| MMM 3M Co | N/A | $50.75B |
As of Apr 26, 2024, EMN stock has a price to earnings ratio of 12.25.
The average PE ratio for EMN stock over the past 3 years is 17.67.
The average PE ratio for EMN stock over the past 5 years is 17.83.
Over the last ten years, the quarterly PE ratio reached a historic high of 49.26 in the Jun 2021 quarter.
EMN's current price to earnings ratio is 18% below its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 26, 2024), Eastman Chemical's stock price is $95.56. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.8. Therefore, Eastman Chemical's P/E ratio for today is 12.25. PE RATIO(12.25) = STOCK PRICE($95.56) / TTM EPS($7.8)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.