Westlake Chemical Partners LP

Westlake Chemical Partners LP - PE Ratioverified

WLKP

Price:

$22.6

Market Cap:

$796.56M

Westlake Chemical Partners LP concentrates on acquiring, developing, and operating facilities dedicated to ethylene production, along with related infrastructure, throughout the United States. These plants primarily function by converting ethane into ethylene. Furthermore, the partnership distributes a range of chemical co-products—such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen—directly to external buyers, conducting these sales through either immediate spot transactions or established contractual agreements. Westlake Chemical Partners GP LLC serves as the entity's general partner. The company was founded in 2014 and its corporate headquarters are located in Houston, Te...[Read more]

Industry

Chemicals

IPO Date

2014-07-30

Stock Exchange

NYSE

Ticker

WLKP

The PE Ratio as of June 2026 (TTM) for Westlake Chemical Partners LP (WLKP) is 13.78

According to Westlake Chemical Partners LP’s latest financial reports and current stock price. The company's current PE Ratio is 13.78. This represents a change of 32.00% compared to the average of 10.44 of the last 4 quarters.

Westlake Chemical Partners LP (WLKP) Historical PE Ratio (quarterly & annually)

How has WLKP PE Ratio performed in the past?

The mean historical PE Ratio of Westlake Chemical Partners LP over the last ten years is 13.87. The current 13.78 PE Ratio has changed 9.83% with respect to the historical average. Over the past ten years (40 quarters), WLKP's PE Ratio was at its highest in in the March 2025 quarter at 41.23. The PE Ratio was at its lowest in in the December 2025 quarter at 1.99.

Quarterly (TTM)
Annual

Average

13.87

Median

13.57

Minimum

2.24

Maximum

27.06

Westlake Chemical Partners LP (WLKP) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Westlake Chemical Partners LP 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 = 79.36%

Maximum Annual PE Ratio = 27.06

Minimum Annual Increase = -82.84%

Minimum Annual PE Ratio = 2.24

Quarterly (TTM)
Annual
YearPE RatioChange
20252.24-82.84%
202413.07-7.01%
202314.068.88%
202212.9112.49%
202111.48-9.48%
202012.68-15.05%
201914.93-5.36%
201815.778.72%
201714.51-46.40%
201627.0679.36%

Westlake Chemical Partners LP (WLKP) Average PE Ratio

How has WLKP PE Ratio performed in the past?

The current PE Ratio of Westlake Chemical Partners LP (WLKP) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

9.79

5-year avg

10.75

10-year avg

13.87

Westlake Chemical Partners LP (WLKP) PE Ratio vs. Peers

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

Westlake Chemical Partners LP’s PE Ratio is greater than Green Plains Inc. (-54.89), less than Cementos Pacasmayo S.A.A. (19.96), less than Oil-Dri Corporation of America (22.81), less than LSB Industries, Inc. (18.04), less than AdvanSix Inc. (50.92), greater than Lightwave Logic, Inc. (-59.89), greater than Tronox Holdings plc (-2.53), greater than Kronos Worldwide, Inc. (-5.89), greater than Lithium Argentina AG (1.07), greater than Graphjet Technology (-0.35),

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