Start with its own history
At 15.39×, ALB is 78.9% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · ALBChemicals - SpecialtyUpdated Nov 2, 2026
Albemarle Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
15.39×
78.9% belowthe 8-observation annual average
Share price92.02
÷Earnings per share5.98
Price and EPS in quote currency. Calculation details
Investors are paying 15.39 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 72.88×
3-year average10.77×1 positive annual observations
5-year average79.56×3 positive annual observations
10-year average72.88×8 positive annual observations
Peer median · TTM11.15×5 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | N/M | N/M |
| Dec 31, 2024 | N/M | N/M |
| Dec 31, 2023 | 10.77× | +14.1% |
| Dec 31, 2022 | 9.44× | -95.7% |
| Dec 31, 2021 | 218.48× | +422.8% |
| Dec 31, 2020 | 41.79× | +187.8% |
| Dec 31, 2019 | 14.52× | +20.6% |
| Dec 31, 2018 | 12.04× | -95.4% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 261.00× | +1637.4% |
| Dec 31, 2016 | 15.02× | -19.3% |
| Dec 31, 2015 | 18.61× | -47.7% |
| Dec 31, 2014 | 35.58× | +176.7% |
| Dec 31, 2013 | 12.86× | -27.8% |
| Dec 31, 2012 | 17.80× | +66.6% |
| Dec 31, 2011 | 10.69× | -32.2% |
| Dec 31, 2010 | 15.76× | -15.5% |
| Dec 31, 2009 | 18.65× | +78.1% |
| Dec 31, 2008 | 10.47× | -38.8% |
| Dec 31, 2007 | 17.12× | -28.0% |
| Dec 31, 2006 | 23.77× | +53.7% |
| Dec 31, 2005 | 15.47× | -47.3% |
| Dec 31, 2004 | 29.33× | +70.2% |
| Dec 31, 2003 | 17.23× | +5.3% |
| Dec 31, 2002 | 16.36× | +2.2% |
| Dec 31, 2001 | 16.00× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How ALB compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 ALB This stockAlbemarle Corporation | 15.39× |
 SQMSociedad Química y Minera de Chile S.A. | 11.53× |
 LACLithium Americas Corp. | N/M |
 SLIStandard Lithium Ltd. | N/M |
 GNENYGanfeng Lithium Group Co., Ltd. | 11.15× |
 002466.SZTianqi Lithium Corporation | 10.05× |
 000408.SZZangge Mining Company Limited | 14.56× |
 603799.SSZhejiang Huayou Cobalt Co., Ltd | 9.18× |
 GUREGulf Resources, Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does ALB’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 11.15×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take ALB into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("ALB", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 92.02 ÷ EPS 5.98 = 15.39×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
ALB P/E ratio: common questions
The essentials behind the numbers.
Albemarle Corporation's current P/E is 15.39× based on the quote data last updated Nov 2, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.