Albemarle Corporation

Albemarle Corporationverified

ALB

Price:

$92.8

Market Cap:

$10.91B

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and ot...[Read more]

Industry

Chemicals - Specialty

IPO Date

1994-02-22

Stock Exchange

NYSE

Ticker

ALB

The PE Ratio as of July 2024 (TTM) for Albemarle Corporation (ALB) is 33.62

According to Albemarle Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 33.62. This represents a change of -91.43% compared to the average of 392.29 of the last 4 quarters.

Albemarle Corporation (ALB) Historical PE Ratio (quarterly & annually)

How has ALB PE Ratio performed in the past?

The mean historical PE Ratio of Albemarle Corporation over the last ten years is 63.82. The current 33.62 PE Ratio has changed 5.17% with respect to the historical average. Over the past ten years (40 quarters), ALB's PE Ratio was at its highest in in the March 2024 quarter at 1.55K. The PE Ratio was at its lowest in in the December 2021 quarter at -1788.11.

Quarterly (TTM)
Annual

Average

63.82

Median

16.81

Minimum

10.77

Maximum

258.61

Albemarle Corporation (ALB) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Albemarle Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.62%

Maximum Annual PE Ratio = 258.61

Minimum Annual Increase = -95.34%

Minimum Annual PE Ratio = 10.77

Quarterly (TTM)
Annual
YearPE RatioChange
202310.77-13.36%
202212.43-94.32%
2021218.97424.20%
202041.77187.83%
201914.5120.45%
201812.05-95.34%
2017258.611.62%
201615.03-19.18%
201518.59-47.61%
201435.49175.95%

Albemarle Corporation (ALB) Average PE Ratio

How has ALB PE Ratio performed in the past?

The current PE Ratio of Albemarle Corporation (ALB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

80.72

5-year avg

59.69

10-year avg

63.82

Albemarle Corporation (ALB) PE Ratio vs. Peers

How is ALB’s PE Ratio compared to its peers?

Albemarle Corporation’s PE Ratio is greater than Livent Corporation (9.21), less than Linde plc (34.48), greater than Air Products and Chemicals, Inc. (23.51), less than DuPont de Nemours, Inc. (95.49), greater than Sociedad Química y Minera de Chile S.A. (27.84), greater than Gevo, Inc. (-2.16), greater than PPG Industries, Inc. (20.71), less than The Sherwin-Williams Company (34.88), less than Ecolab Inc. (45.17), greater than LyondellBasell Industries N.V. (14.96),

Build a custom stock screener for Albemarle Corporation (ALB) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Albemarle Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Albemarle Corporation (ALB) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Albemarle Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Albemarle Corporation's PE Ratio?

How is the PE Ratio calculated for Albemarle Corporation (ALB)?

What is the highest PE Ratio for Albemarle Corporation (ALB)?

What is the 3-year average PE Ratio for Albemarle Corporation (ALB)?

What is the 5-year average PE Ratio for Albemarle Corporation (ALB)?

How does the current PE Ratio for Albemarle Corporation (ALB) compare to its historical average?