As of May 1, 2024, the WLKP stock has a PE ratio of 14.26. The calculation is based on the latest EPS of $1.54 and the stock price of $21.96 per share. An increase of 7% has been observed in the PE ratio compared to its average of 13.3 of the past four quarters.
The mean historical PE ratio of Westlake Chemical Partners over the last ten years is 14.04. The current 14.26 price-to-earnings ratio is in line with the historical average. Analyzing the last ten years, WLKP's PE ratio reached its highest point in the Dec 2014 quarter at 58, with a price of $29 and an EPS of $0.5. The Sep 2014 quarter saw the lowest point at 1.4, with a price of $29 and an EPS of N/A.
Maximum annual increase: 12.46% in 2022
Maximum annual decrease: -73.98% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.06 | 8.91% |
| 2022 | 12.91 | 12.46% |
| 2021 | 11.48 | -9.46% |
| 2020 | 12.68 | -15.07% |
| 2019 | 14.93 | -6.57% |
| 2018 | 15.98 | 10.13% |
| 2017 | 14.51 | 0.55% |
| 2016 | 14.43 | -4.37% |
| 2015 | 15.09 | -73.98% |
| 2014 | 58 | N/A |
The current PE ratio of WLKP is above its 3 and 5-year averages.
When compared to its peer stock IOSP, WLKP's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WLKP Westlake Chemical Partners LP | 14.58 | $791.22M |
| IOSP Innospec Inc | 21.68 | $3.02B |
| GPRE Green Plains Inc | N/A | $1.33B |
| AMTX Aemetis Inc | N/A | $165.96M |
| VHI Valhi Inc | N/A | $416.12M |
WLKP stock has a price to earnings ratio of 14.26 as of May 1, 2024.
As an average over the last 3 years, WLKP stock has a PE ratio of 12.37.
As an average over the last 5 years, WLKP stock has a PE ratio of 12.34.
Over the last ten years, the quarterly PE ratio reached its highest level at 58 in the Dec 2014 quarter.
WLKP's current price to earnings ratio is 1.6% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 1, 2024), Westlake Chemical Partners's share price is $21.96. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.54. Therefore, Westlake Chemical Partners's price to earnings ratio for today is 14.26. PE RATIO(14.26) = STOCK PRICE($21.96) / TTM EPS($1.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.