The current PE ratio for Westlake Chemical stock as of Sep 28, 2023 is 12.11. This is calculated based on the TTM EPS of $10.32 and the stock price of $125 per share. The PE ratio marks an increase of 64% from its last 4 quarters average of 7.4.
The average historical PE ratio of Westlake Chemical for the last ten years is 13.46. The current P/E ratio of 12.11 is 10% lower than the historical average. Looking back at the last ten years, WLK's PE ratio peaked in the Dec 2020 quarter at 31.75, when the price was $81.6 and the EPS was $2.57. 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.
Maximum annual increase: 149.07% in 2019
Maximum annual decrease: -80.47% in 2021
Year | PE ratio | Change |
---|---|---|
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% |
2013 | 13.36 | -2.62% |
WLK's current PE ratio is lower than its 3, 5 and 10-year averages.
WLK's PE ratio stands lower than its peer stocks DOW and EMN, but it is higher than XOM's and PSX's. Westlake Chemical's current PE ratio of 12.11 is similar to the average of its peers, which is 11.91.
Stock name | PE ratio | Market cap |
---|---|---|
ALB Albemarle Corp | 5.16 | $20.26B |
PSX Phillips 66 | 5.21 | $53.65B |
OLN OLIN Corp | 8.16 | $6.27B |
XOM Exxon Mobil Corp | 9.38 | $469.33B |
CE Celanese Corp | 10.85 | $13.82B |
WLK Westlake Chemical Corp | 12.09 | $15.93B |
EMN Eastman Chemical Co | 12.84 | $9.09B |
DOW Dow Inc | 20.96 | $36.1B |
HUN Huntsman CORP | 23.21 | $4.38B |
POL Polished.com Inc | N/A | $8.45M |
CYT Cyteir Therapeutics Inc | N/A | $102.23M |
The price to earnings ratio for WLK stock is 12.11 as of Sep 28, 2023.
The 3-year average price to earnings ratio for WLK stock is 12.78.
The 5-year average price to earnings ratio for WLK stock is 13.07.
The highest quarterly PE ratio in the last ten years has been 31.75 and it was in the Dec 2020 quarter.
The current PE ratio of WLK is 10% lower than the 10-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 (Sep 28, 2023), Westlake Chemical's share price is $125. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $10.32. Therefore, Westlake Chemical's PE ratio for today is 12.11. PE RATIO(12.11) = STOCK PRICE($125) / TTM EPS($10.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.