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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

How has WLK's PE ratio performed in the past

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.

Average
16.92
Median
12.2
Minimum
4.21
Maximum
76.02

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

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

WLK's current PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
20.82
5-year avg
20.8
10-year avg
16.92
15-year avg
16.13

WLK PE vs peers

What is WLK's PE ratio compared to its 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.