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EMN Eastman Chemical PE ratio, current and historical analysis

As at Jun 12, 2024, the EMN stock has a PE ratio of 13.32. This is based on the current EPS of $7.8 and the stock price of $103.89 per share. The current PE ratio is comparable to the past four-quarter average.

EMN PE ratio history

How has EMN's PE ratio performed in the past

The mean historical PE ratio of Eastman Chemical over the last ten years is 14.95. The current 13.32 PE ratio is 11% 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.

Average
14.95
Median
12.95
Minimum
7.75
Maximum
49.26

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

What is the average PE ratio of EMN for the past years

Currently, EMN's PE ratio is lower than the 3, 5 and 10-year averages.

3-year avg
17.67
5-year avg
17.83
10-year avg
14.95
15-year avg
15.16

EMN PE vs peers

What is EMN's PE ratio compared to its peers

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 17.45.

Stock name PE ratio Market cap
FMC Fmc Corp 6.19 $6.92B
CE Celanese Corp 7.89 $15.74B
EMN Eastman Chemical Co 13.15 $12.07B
XOM Exxon Mobil Corp 13.49 $433.89B
ASH Ashland Global Holdings Inc 25.29 $4.88B
DOW Dow Inc 33.17 $39.42B
WLK Westlake Chemical Corp 76.23 $19.7B
DD DuPont de Nemours Inc 95.33 $33.48B
MMM 3M Co N/A $56.19B

Frequently asked questions

What is Eastman Chemical's PE ratio?

As of Jun 12, 2024, EMN stock has a price to earnings ratio of 13.32.

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 17.67.

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 17.83.

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 11% 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 (Jun 12, 2024), Eastman Chemical's stock price is $103.89. 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 13.32. PE RATIO(13.32) = STOCK PRICE($103.89) / TTM EPS($7.8)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.