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Albemarle's Forward PE Ratio for today is 52.56.
Albemarle's PE Ratio without NRI for today is 11.44.
The historical data trend for Albemarle's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Albemarle Annual Data | |||||||||||||||||||||
Trend | 2015-12 | 2016-12 | 2017-12 | 2018-12 | 2019-12 | 2020-12 | 2021-12 | 2022-12 | 2023-12 | 2024-05 | |||||||||||
Forward PE Ratio | 14.16 | 21.37 | 24.81 | 12.48 | 14.64 | 35.97 | 41.15 | 8.21 | 9.80 | 50.25 |
Albemarle Quarterly Data | ||||||||||||||||||||||||||||||||||
2015-12 | 2016-03 | 2016-06 | 2016-09 | 2016-12 | 2017-03 | 2017-06 | 2017-09 | 2017-12 | 2018-03 | 2018-06 | 2018-09 | 2018-12 | 2019-03 | 2019-06 | 2019-09 | 2019-12 | 2020-03 | 2020-06 | 2020-09 | 2020-12 | 2021-03 | 2021-06 | 2021-09 | 2021-12 | 2022-03 | 2022-06 | 2022-09 | 2022-12 | 2023-03 | 2023-06 | 2023-09 | 2023-12 | 2024-03 | |
Forward PE Ratio | 14.16 | 14.75 | 20.08 | 21.10 | 21.37 | 25.45 | 25.00 | 26.88 | 24.81 | 18.02 | 17.92 | 16.61 | 12.48 | 13.14 | 11.31 | 10.24 | 14.64 | 11.27 | 21.69 | 19.38 | 35.97 | 43.67 | 51.55 | 44.84 | 41.15 | 36.10 | 17.92 | 11.81 | 8.21 | 7.71 | 10.81 | 7.38 | 9.80 | 31.15 |
For the Specialty Chemicals subindustry, Albemarle's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Chemicals industry and Basic Materials sector, Albemarle's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Albemarle's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Albemarle (NYSE:ALB) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Thank you for viewing the detailed overview of Albemarle's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Kristin M Coleman | officer: EVP, General Counsel | 140 HAZEL AVE., GLENCOE IL 60022 |
Neal Ravi Sheorey | officer: Chief Financial Officer | 4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209 |
Michael James Simmons | officer: President - Ketjen | 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102 |
Eric Norris | officer: President, Lithium | 1519 AUDUBON ROAD, CHARLOTTE NC 28211 |
J Kent Masters | director | ALBEMARLE CORP., 451 FLORIDA ST, BATON ROUGE LA 70801 |
Sean B. O'hollaren | officer: Chief External Affairs Officer | 4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209 |
Jacobus G. Fourie | officer: Chief Capital Projects Officer | 4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209 |
Scott Tozier | officer: EVP & CFO | ALBEMARLE CORP, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209 |
Karen G Narwold | officer: EVP, Chief Admin Officer | ALBEMARLE CORPORATION, 4250 CONGRESS ST, SUITE 900, CHARLOTTE NC 28209 |
Raphael Goszcz Crawford | officer: President, Catalysts | 4311 GREENBRIAR HILLS PLANTATION RD, CHARLOTTE NC 28277 |
Ralf Hans Cramer | director | MIERENDORSFSTRASSE 26, BENSHEIM 2M 64625 |
Netha N. Johnson | officer: President, Bromine Specialties | 3489 CRESTMOOR DRIVE, WOODBURY MN 55125 |
Barichivich John Clarence Iii | officer: VP, Controller & CAO | 4250 CONGRESS ST., SUITE 900, CHARLOTTE NC 28209 |
Kissam Luther C Iv | director, officer: Chairman, President & CEO | 3801 BERESFORD ROAD, CHARLOTTE NC 28211 |
Melissa H. Anderson | officer: SVP, Chief HR Officer | ALBEMARLE CORPORATION, 4250 CONGRESS ST. SUITE 900, CHARLOTTE NC 28209 |
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