Albemarle Corporation

Albemarle Corporationverified

ALB

Price:

$108.38

Market Cap:

$12.74B

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 November 2024 (TTM) for Albemarle Corporation (ALB) is -6.47

According to Albemarle Corporation’s latest financial reports and current stock price. The company's current PE Ratio is -6.47. This represents a change of -101.70% compared to the average of 381.20 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 -6.47 PE Ratio has changed -1113.73% 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 less than Livent Corporation (19.34), less than Linde plc (34.03), less than Air Products and Chemicals, Inc. (19.30), less than DuPont de Nemours, Inc. (43.58), greater than Sociedad Química y Minera de Chile S.A. (-34.01), less than Gevo, Inc. (-4.79), less than PPG Industries, Inc. (19.26), less than The Sherwin-Williams Company (38.05), less than Ecolab Inc. (34.02), less than LyondellBasell Industries N.V. (12.69),

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