Westlake Chemical
WLK
#1413
Rank
S$16.06 B
Marketcap
$125.01
Share price
3.08%
Change (1 day)
-38.48%
Change (1 year)

P/E ratio for Westlake Chemical (WLK)

P/E ratio as of April 2025 (TTM): 10.1

According to Westlake Chemical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1286. 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
16.3 61.38%๐Ÿ‡บ๐Ÿ‡ธ USA
28.7 183.06%๐Ÿ‡บ๐Ÿ‡ธ USA
16.4 62.12%๐Ÿ‡บ๐Ÿ‡ธ USA
2.05-79.74%๐Ÿ‡บ๐Ÿ‡ธ USA
3.75-62.94%๐Ÿ‡บ๐Ÿ‡ธ USA
24.7 143.60%๐Ÿ‡บ๐Ÿ‡ธ USA
4.80-52.65%๐Ÿ‡บ๐Ÿ‡ธ USA
6.28-38.03%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8 6.54%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.