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Eastman Chemical Co (FRA:EAC) 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 .
Eastman Chemical Co Forward PE Ratio Related Terms
Eastman Chemical Co Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Eastman Chemical Co'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.
Eastman Chemical Co Forward PE Ratio Chart
Eastman Chemical Co Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
8.98
10.29
11.48
7.94
10.27
14.64
13.70
10.34
11.38
10.74
10.04
Eastman Chemical Co 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
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
8.98
9.46
10.16
9.27
10.29
11.14
11.25
11.21
11.48
12.18
11.61
10.41
7.94
8.67
8.95
8.59
10.27
7.20
11.71
11.26
14.64
14.53
13.74
10.98
13.70
11.33
8.95
7.87
10.34
10.47
10.62
9.17
11.38
12.42
12.64
13.12
10.74
10.11
9.94
8.76
10.04
12.63
FRA:EAC vs NEU, AXTA, ESI: Forward PE Ratio Comparison
For the Specialty Chemicals subindustry, Eastman Chemical Co'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.
Eastman Chemical Co Forward PE Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Eastman Chemical Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Eastman Chemical Co'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.
Eastman Chemical Co (FRA:EAC) has a Forward PE Ratio of 10.82 as of Jul. 30, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Eastman Chemical Co and its competitors. According to the industry distribution chart, Eastman Chemical Co ranks #125 out of 660 companies in the Chemicals industry, placing it in the top 18.9%.
Is Eastman Chemical Co's Forward PE Ratio too high?
Eastman Chemical Co's current Forward PE Ratio is 10.82. The Chemicals industry median Forward PE Ratio is 17.37. Eastman Chemical Co's value of 10.82 is 37.7% below this industry median. Based on the distribution chart, Eastman Chemical Co ranks #125 out of 660 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Eastman Chemical Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eastman Chemical Co's Forward PE Ratio compare to NEU and AXTA?
According to the Chemicals industry distribution chart, Eastman Chemical Co ranks #125 out of 660 companies for Forward PE Ratio. This places Eastman Chemical Co in the top 19% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 17.37. Eastman Chemical Co's value of 10.82 is 37.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Chemicals company?
The median Forward PE Ratio among Chemicals companies is 17.37, based on 660 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eastman Chemical Co's current Forward PE Ratio of 10.82 is 37.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Eastman Chemical Co and its competitors. For the Chemicals industry, the median Forward PE Ratio is 17.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastman Chemical Co's current Forward PE Ratio is 10.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastman Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Eastman Chemical Co (FRA:EAC) is currently considered Modestly Undervalued. The stock's GF Value™ is €69.71, compared to a current price of €59.32 — trading 14.9% below its estimated fair value. The current Forward PE Ratio is 10.82 and 37.7% below the Chemicals industry median of 17.37. Eastman Chemical Co's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Eastman Chemical Co (FRA:EAC), the current Forward PE Ratio is 10.82 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Eastman Chemical Co (FRA:EAC) Overvalued in 2026?
Based on GuruFocus' analysis, Eastman Chemical Co stock appears to be undervalued.
The current stock price of €59.32 is trading 14.9% below its estimated GF Value™ of €69.71.
GuruFocus considers Eastman Chemical Co to be Modestly Undervalued.
Key valuation signals for FRA:EAC:
Forward PE Ratio: 10.82
GF Value™: €69.71 vs. price of €59.32 (14.9% below fair value)
Industry Position: 37.7% below the Chemicals median (#125 of 660)
No single metric tells the full story. See the FRA:EAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemical company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.
76GF Score
Get the complete analysis for FRA:EAC
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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