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Westlake (STU:UEO) Shiller PE Ratio : 18.08 (As of Apr. 25, 2024)


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What is Westlake Shiller PE Ratio?

As of today (2024-04-25), Westlake's current share price is €139.00. Westlake's E10 for the quarter that ended in Dec. 2023 was €7.69. Westlake's Shiller PE Ratio for today is 18.08.

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

STU:UEO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.06   Med: 18.19   Max: 49.11
Current: 17.69

During the past years, Westlake's highest Shiller PE Ratio was 49.11. The lowest was 7.06. And the median was 18.19.

STU:UEO's Shiller PE Ratio is ranked better than
52.54% of 1024 companies
in the Chemicals industry
Industry Median: 18.575 vs STU:UEO: 17.69

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's adjusted earnings per share data for the three months ended in Dec. 2023 was €-3.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €7.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westlake Shiller PE Ratio Historical Data

The historical data trend for Westlake'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 Shiller PE Ratio Chart

Westlake Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.64 16.61 14.70 12.19 16.52

Westlake Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial 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 12.19 13.27 13.38 13.76 16.52

Competitive Comparison of Westlake's Shiller PE Ratio

For the Specialty Chemicals subindustry, Westlake'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's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



Westlake 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's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=139.00/7.69
=18.08

* 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's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Westlake's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-3.54/129.4194*129.4194
=-3.540

Current CPI (Dec. 2023) = 129.4194.

Westlake Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.853 99.695 1.107
201406 0.927 100.560 1.193
201409 0.970 100.428 1.250
201412 1.111 99.070 1.451
201503 1.016 99.621 1.320
201506 1.372 100.684 1.764
201509 1.238 100.392 1.596
201512 0.771 99.792 1.000
201603 0.844 100.470 1.087
201606 0.757 101.688 0.963
201609 0.454 101.861 0.577
201612 0.720 101.863 0.915
201703 0.991 102.862 1.247
201706 1.041 103.349 1.304
201709 1.351 104.136 1.679
201712 5.197 104.011 6.467
201803 1.784 105.290 2.193
201806 1.815 106.317 2.209
201809 2.014 106.507 2.447
201812 0.835 105.998 1.020
201903 0.487 107.251 0.588
201906 0.814 108.070 0.975
201909 1.108 108.329 1.324
201912 0.504 108.420 0.602
202003 1.023 108.902 1.216
202006 0.098 108.767 0.117
202009 0.382 109.815 0.450
202012 0.715 109.897 0.842
202103 1.571 111.754 1.819
202106 3.353 114.631 3.786
202109 3.987 115.734 4.458
202112 4.407 117.630 4.849
202203 5.294 121.301 5.648
202206 6.244 125.017 6.464
202209 3.131 125.227 3.236
202212 1.690 125.222 1.747
202303 2.849 127.348 2.895
202306 2.132 128.729 2.143
202309 2.061 129.860 2.054
202312 -3.540 129.419 -3.540

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  (STU:UEO) 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 Shiller PE Ratio Related Terms

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


Westlake (STU:UEO) Business Description

Traded in Other Exchanges
Address
2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake Corp is a manufacturer and global supplier of chemicals, polymers and building products. Its Performance and Essential Materials segment offers a wide range of essential building blocks for making products utilized in everyday living, including olefins, vinyl chemicals, polyethylene, and epoxies. Its Housing and Infrastructure Products segment produces key finished goods for building products, pipe and fittings, and global compounds businesses.

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