WLK Westlake Chemical PE ratio, current and historical analysis
The current PE ratio for Westlake Chemical stock as of Sep 9, 2024 is 65.17. This is calculated based on the TTM EPS of $2.11 and the stock price of $137.51 per share. The PE ratio marks an increase of 33% from its last 4 quarters average of 48.9.
WLK PE ratio history
The average historical PE ratio of Westlake Chemical for the last ten years is 16.92. The current P/E ratio of 65.17 is similar to the historical average. Looking back at the last ten years, WLK's PE ratio peaked in the Mar 2024 quarter at 76.02, when the price was $152.8 and the EPS was $2.01. 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 65.17 is similar to the average of its peers, which is 16.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CE Celanese Corp | 6.81 | $13.15B |
| PSX Phillips 66 | 10.88 | $53.56B |
| EMN Eastman Chemical Co | 13.1 | $11.45B |
| XOM Exxon Mobil Corp | 13.76 | $510.97B |
| OLN OLIN Corp | 17.6 | $4.86B |
| HON Honeywell International Inc | 22.81 | $130.69B |
| DOW Dow Inc | 31.47 | $35.96B |
| WLK Westlake Chemical Corp | 65.17 | $17.68B |
| HUN Huntsman CORP | N/A | $3.72B |
| ALB Albemarle Corp | N/A | $9.22B |
Frequently asked questions
What is Westlake Chemical's PE ratio?
The price to earnings ratio for WLK stock is 65.17 as of Sep 9, 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 20.82.
What is the 5-year average PE ratio for Westlake Chemical (WLK)?
The 5-year average price to earnings ratio for WLK stock is 20.8.
What is the highest PE ratio for WLK?
The highest quarterly PE ratio in the last ten years has been 76.02 and it was in the Mar 2024 quarter.
How does the current PE ratio for WLK compare to its historical average?
The current PE ratio of WLK is 285% higher than the 10-year historical average.
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 (Sep 9, 2024), Westlake Chemical's share price is $137.51. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $2.11. Therefore, Westlake Chemical's PE ratio for today is 65.17. PE RATIO(65.17) = STOCK PRICE($137.51) / TTM EPS($2.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.