WLK Westlake Chemical PE ratio, current and historical analysis
The current PE ratio for Westlake Chemical stock as of Nov 21, 2024 is 176.93. This is calculated based on the TTM EPS of $0.73 and the stock price of $129.16 per share. The PE ratio marks an increase of 82% from its last 4 quarters average of 97.0.
WLK PE ratio history
The average historical PE ratio of Westlake Chemical for the last ten years is 21.63. The current P/E ratio of 176.93 is similar to the historical average. Looking back at the last ten years, WLK's PE ratio peaked in the Sep 2024 quarter at 205.88, when the price was $150.29 and the EPS was $0.73. The lowest point was in the Sep 2022 quarter, when it reached 4.21 with a price of $86.88 and an EPS of $20.65.
Westlake Chemical PE ratio by year
Maximum annual increase: 539.18% in 2023
Maximum annual decrease: -80.47% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 37.52 | 539.18% |
| 2022 | 5.87 | -5.32% |
| 2021 | 6.2 | -80.47% |
| 2020 | 31.75 | 47.54% |
| 2019 | 21.52 | 149.07% |
| 2018 | 8.64 | -18.49% |
| 2017 | 10.6 | -41.89% |
| 2016 | 18.24 | 63.88% |
| 2015 | 11.13 | -7.25% |
| 2014 | 12 | -10.18% |
WLK average PE ratio chart
WLK's current PE ratio is higher than the 3, 5 and 10-year averages.
WLK PE vs peers
WLK's PE ratio stands higher than its peer stocks XOM and HON. Westlake Chemical's current PE ratio of 176.93 is similar to the average of its peers, which is 20.19.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CE Celanese Corp | 7.57 | $8.28B |
| EMN Eastman Chemical Co | 13.94 | $12.17B |
| XOM Exxon Mobil Corp | 15.22 | $537.19B |
| PSX Phillips 66 | 16.83 | $54.63B |
| HON Honeywell International Inc | 26.29 | $148.73B |
| DOW Dow Inc | 30.2 | $31.71B |
| OLN OLIN Corp | 32.82 | $4.98B |
| WLK Westlake Chemical Corp | 178.99 | $16.82B |
| HUN Huntsman CORP | N/A | $3.41B |
| ALB Albemarle Corp | N/A | $12.75B |
Frequently asked questions
What is Westlake Chemical's PE ratio?
The price to earnings ratio for WLK stock is 176.93 as of Nov 21, 2024.
What is the 3-year average PE ratio for Westlake Chemical (WLK)?
The 3-year average price to earnings ratio for WLK stock is 37.31.
What is the 5-year average PE ratio for Westlake Chemical (WLK)?
The 5-year average price to earnings ratio for WLK stock is 30.19.
What is the highest PE ratio for WLK?
The highest quarterly PE ratio in the last ten years has been 205.88 and it was in the Sep 2024 quarter.
How does the current PE ratio for WLK compare to its historical average?
The current PE ratio of WLK is 718% higher than the 10-year historical average.
Why is Westlake Chemical's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is WLK's PE ratio calculated (Westlake Chemical PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Westlake Chemical's share price is $129.16. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.73. Therefore, Westlake Chemical's PE ratio for today is 176.93. PE RATIO(176.93) = STOCK PRICE($129.16) / TTM EPS($0.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.