Westlake Chemical
WLK
#1103
Rank
S$23.19 B
Marketcap
$180.23
Share price
-0.60%
Change (1 day)
10.56%
Change (1 year)

P/E ratio for Westlake Chemical (WLK)

P/E ratio as of November 2024 (TTM): 14.5

According to Westlake Chemical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.4899. At the end of 2022 the company had a P/E ratio of 5.88.

P/E ratio history for Westlake Chemical from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.88-5.21%
20216.20-80.54%
202031.948.13%
201921.5148.78%
20188.65-18.4%
201710.6-42.07%
201618.364.72%
201511.1-7.45%
201412.0-10.14%
201313.4-2.65%
201213.732.63%
201110.3-20.28%
201013.0-58.36%
200931.2-186.08%
2008-36.2-435.5%
200710.82.81%
200610.527.13%
20058.26

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.6 83.41%๐Ÿ‡บ๐Ÿ‡ธ USA
45.0 210.41%๐Ÿ‡บ๐Ÿ‡ธ USA
21.0 45.24%๐Ÿ‡บ๐Ÿ‡ธ USA
3.52-75.68%๐Ÿ‡บ๐Ÿ‡ธ USA
7.67-47.08%๐Ÿ‡บ๐Ÿ‡ธ USA
26.7 84.40%๐Ÿ‡บ๐Ÿ‡ธ USA
9.29-35.89%๐Ÿ‡บ๐Ÿ‡ธ USA
7.61-47.49%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0-16.97%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.