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Westlake Chemical Shiller PE Ratio

: 16.39 (As of Today)
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As of today (2022-01-25), Westlake Chemical's current share price is $98.84. Westlake Chemical's E10 for the quarter that ended in Sep. 2021 was $6.03. Westlake Chemical's Shiller PE Ratio for today is 16.39.

The historical rank and industry rank for Westlake Chemical's Shiller PE Ratio or its related term are showing as below:

NYSE:WLK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.88   Med: 22.43   Max: 49.06
Current: 16.38

6.88
49.06

During the past years, Westlake Chemical's highest Shiller PE Ratio was 49.06. The lowest was 6.88. And the median was 22.43.

NYSE:WLK's Shiller PE Ratio is ranked higher than
70% of the 894 Companies
in the Chemicals industry.

( Industry Median: 24.68 vs. NYSE:WLK: 16.38 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Westlake Chemical's adjusted earnings per share data for the three months ended in Sep. 2021 was $4.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $6.03 for the trailing ten years ended in Sep. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westlake Chemical Shiller PE Ratio Historical Data

The historical data trend for Westlake Chemical's Shiller 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.

* Premium members only.

Westlake Chemical Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.53 29.99 15.00 14.64 16.61

Westlake Chemical Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.91 16.61 17.38 16.17 15.10

Competitive Comparison

For the Specialty Chemicals subindustry, Westlake Chemical's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.

   

Westlake Chemical Shiller PE Ratio Distribution

For the Chemicals industry and Basic Materials sector, Westlake Chemical's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Westlake Chemical's Shiller PE Ratio falls into.



Westlake Chemical Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Westlake Chemical's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=98.84/6.03
=16.39

* 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.

Westlake Chemical's E10 for the quarter that ended in Sep. 2021 is calculated as:

For example, Westlake Chemical's adjusted earnings per share data for the three months ended in Sep. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=4.69/115.7343*115.7343
=4.690

Current CPI (Sep. 2021) = 115.7343.

Westlake Chemical Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201112 0.195 95.213 0.237
201203 0.655 96.783 0.783
201206 0.860 96.819 1.028
201209 0.650 97.633 0.771
201212 0.710 96.871 0.848
201303 0.920 98.209 1.084
201306 1.090 98.518 1.280
201309 1.270 98.790 1.488
201312 1.270 98.326 1.495
201403 1.180 99.695 1.370
201406 1.260 100.560 1.450
201409 1.250 100.428 1.441
201412 1.370 99.070 1.600
201503 1.100 99.621 1.278
201506 1.540 100.684 1.770
201509 1.390 100.392 1.602
201512 0.840 99.792 0.974
201603 0.940 100.470 1.083
201606 0.850 101.688 0.967
201609 0.510 101.861 0.579
201612 0.760 101.863 0.863
201703 1.060 102.862 1.193
201706 1.170 103.349 1.310
201709 1.610 104.136 1.789
201712 6.150 104.011 6.843
201803 2.200 105.290 2.418
201806 2.120 106.317 2.308
201809 2.350 106.507 2.554
201812 0.950 105.998 1.037
201903 0.550 107.251 0.594
201906 0.920 108.070 0.985
201909 1.220 108.329 1.303
201912 0.560 108.420 0.598
202003 1.130 108.902 1.201
202006 0.110 108.767 0.117
202009 0.450 109.815 0.474
202012 0.870 109.897 0.916
202103 1.870 111.754 1.937
202106 4.040 114.631 4.079
202109 4.690 115.734 4.690

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Westlake Chemical  (NYSE:WLK) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Westlake Chemical Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Westlake Chemical's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Westlake Chemical Business Description

Westlake Chemical logo
Industry
Basic Materials » Chemicals NAICS : 325110 SIC : 2869
Traded in Other Exchanges
Address
2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake Chemical Corp is a vertically integrated manufacturer and marketer of basic chemicals, vinyls, polymers and building products. Its products are used for flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, residential and commercial construction and others. The company operates in the business segments of Olefins and Vinyls. The Olefins segment manufactures and markets polyethylene, styrene monomer and various ethylene co-products. The Vinyl segment manufactures and markets polyvinyl chloride, vinyl chloride monomer, ethylene dichloride, chlor-alkali, chlorinated derivative products, and ethylene. It sells products across the United States and around the world, of which a majority of the revenue is derived from the United States.
Executives
Sheets Jeffrey Wayne director 600 N. DAIRY ASHFORD HOUSTON TX 77079
Chao John Tsung-chen director, 10 percent owner 26 GRAMERCY PARK SOUTH, 7EF NEW YORK NY 10003
Chao David Tsung-hung director, 10 percent owner 1000 UPTOWN PARK BLVD. #34 HOUSTON TX 77056
Haas Marius director ONE DELL WAY ROUND ROCK TX 78682
Graff Michael J director 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056
Northcutt R Bruce director 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056
Jenkins Dorothy C director, 10 percent owner 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056
Lubel Kimberly S director P.O. BOX 696000 SAN ANTONIO TX 78269-6000
Mccollum Mark A director 3000 NORTH SAM HOUSTON PARKWAY E. HOUSTON TX 77002
Kearns Roger L. officer: EVP, Vinyls Chemicals 2801 POST OAK BLVD. HOUSTON TX 77056
Zoeller Johnathan Stevan officer: VP and CAO 2801 POST OAK BLVD. SUITE 600 HOUSTON TX 77056
Ttwfgp Llc 10 percent owner 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056
Chao Albert director, 10 percent owner, officer: President & CEO 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056
Kenner Andrew officer: SVP - Chemical Manufacturing 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056
Bender Mark Steven officer: EVP and CFO 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056

Westlake Chemical Headlines

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