As at May 3, 2024, the ESI stock has a PE ratio of 44.11. This is based on the current EPS of $0.54 and the stock price of $23.82 per share. A decrease of 18% has been recorded in the PE ratio compared to the average of 54.1 of the last four quarters.
The mean historical PE ratio of Element Solutions over the last eight years is 38.72. The current 44.11 P/E ratio is 14% higher than the historical average. In the past eight years, ESI's PE ratio peaked in the Sep 2023 quarter at 89.14, with a price of $19.61 and an EPS of $0.22. The Sep 2020 quarter marked the lowest point at 21.9, with a price of $10.51 and an EPS of $0.48.
Maximum annual increase: 97.33% in 2023
Maximum annual decrease: -49.9% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 47.22 | 97.33% |
| 2022 | 23.93 | -19.18% |
| 2021 | 29.61 | -49.9% |
| 2020 | 59.1 | 82.18% |
| 2019 | 32.44 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
The current PE ratio of ESI is higher than its 3, 5 and 10-year historical averages.
ESI's PE ratio stands lower than its peer stocks DV and CECO, but it is higher than LOPE's and STRA's. Element Solutions is presently trading at a higher PE ratio (44.11) than its peer group average of 38.72.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LINC Lincoln Educational Services Corp | 12.9 | $352.21M |
| LOPE Grand Canyon Education Inc | 19.93 | $4.09B |
| STRA Strategic Education Inc | 27.8 | $2.97B |
| ESI Element Solutions Inc | 44.11 | $5.77B |
| CECO Ceco Environmental Corp. | 62.36 | $784.3M |
| DV DoubleVerify Holdings Inc | 70.63 | $5.2B |
| APEI American Public Education Inc | N/A | $263.98M |
The price to earnings ratio for ESI stock as of May 3, 2024, stands at 44.11.
As an average over the last 3 years, ESI stock has a PE ratio of 35.54.
As an average over the last 5 years, ESI stock has a PE ratio of 36.21.
The highest quarterly PE ratio in the last eight years has been 89.14 and it was in the Sep 2023 quarter.
ESI's current price to earnings ratio is 14% above its 8-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Element Solutions's stock price is $23.82. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.54. Therefore, Element Solutions's PE ratio for today is 44.11. PE RATIO(44.11) = STOCK PRICE($23.82) / TTM EPS($0.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.