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WLK Westlake Chemical PE ratio, current and historical analysis

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.

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 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.

Average
13.46
Median
12.2
Minimum
4.21
Maximum
31.75

Westlake Chemical PE ratio by year

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 average PE ratio chart

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

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

3-year avg
12.78
5-year avg
13.07
10-year avg
13.46
15-year avg
13.75

WLK PE vs peers

What is WLK's PE ratio compared to its peers

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

Frequently asked questions

What is Westlake Chemical's PE ratio?

The price to earnings ratio for WLK stock is 12.11 as of Sep 28, 2023.

What is the 3-year average PE ratio for Westlake Chemical (WLK)?

The 3-year average price to earnings ratio for WLK stock is 12.78.

What is the 5-year average PE ratio for Westlake Chemical (WLK)?

The 5-year average price to earnings ratio for WLK stock is 13.07.

What is the highest PE ratio for WLK?

The highest quarterly PE ratio in the last ten years has been 31.75 and it was in the Dec 2020 quarter.

How does the current PE ratio for WLK compare to its historical average?

The current PE ratio of WLK is 10% lower 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 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.