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Westlake Chemical Corporation (NYSE:WLK)
Non-Recurring Items
$4 Mil (TTM As of Dec. 2013)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Westlake Chemical Corporation's non-recurring items for the three months ended in Dec. 2013 was $1 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Dec. 2013 was $4 Mil.

As of today, Westlake Chemical Corporation's share price is $63.23. Westlake Chemical Corporation's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2013 was $4.56. Therefore, Westlake Chemical Corporation's P/E (NRI) ratio for today is 13.87.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Westlake Chemical Corporation Non-Recurring Items for the trailing twelve months (TTM) ended in Dec. 2013 was 3.519 (Mar. 2013 ) + -0.095 (Jun. 2013 ) + -0.287 (Sep. 2013 ) + 0.567 (Dec. 2013 ) = $4 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Westlake Chemical Corporation's P/E (NRI) Ratio for today is calculated as

Westlake Chemical Corporation's Share Price of today is $63.23.
Westlake Chemical Corporation's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Dec. 2013 was 0.92 (Mar. 2013 ) + 1.09 (Jun. 2013 ) + 1.27 (Sep. 2013 ) + 1.28 (Dec. 2013 ) = $4.56.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Westlake Chemical Corporation Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income -132-24-0551-094

Westlake Chemical Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Non Operating Income 1-4117-5-44-0-01
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