Question 1

What is Albemarle's P/E ratio?

Accepted Answer

Albemarle (ALB) P/E ratio is 32.2× as of July 30, 2024. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Albemarle?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Albemarle specifically, the relevant sector benchmark is the current sector median of 21.8×.

Question 5

Is Albemarle's P/E ratio high or low?

Accepted Answer

Albemarle's P/E ratio of 32.2× is below its own 5-year average of 55.0× and above the sector median of 21.8×. That places the current reading at the 48th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Albemarle's historical P/E ratio range?

Accepted Answer

In the available daily series, Albemarle (ALB) P/E ratio has ranged from a low of 3.8× in 2023 to a high of 257.7× in 2017. The 5-year average is 55.0× and the 5-year median is 24.0×.

Question 7

What was Albemarle's P/E ratio in 2023?

Accepted Answer

Albemarle (ALB) P/E ratio at the end of 2023 was 10.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Albemarle's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$16.65B	−$510.63M	—	—	Dec 31, 2025
2024	$10.12B	−$1.18B	—	—	Dec 31, 2024
2023	$16.96B	$1.57B	10.8×	+1.3×	Dec 31, 2023
2022	$25.41B	$2.69B	9.4×	-211.7×	Dec 31, 2022
2021	$27.35B	$123.67M	221.2×	+179.3×	Dec 31, 2021
2020	$15.74B	$375.76M	41.9×	+27.4×	Dec 31, 2020
2019	$7.74B	$533.23M	14.5×	+2.7×	Dec 31, 2019
2018	$8.17B	$693.56M	11.8×	-245.9×	Dec 31, 2018
2017	$14.13B	$54.85M	257.7×	+242.6×	Dec 31, 2017
2016	$9.68B	$643.67M	15.0×	-3.7×	Dec 31, 2016
2015	$6.28B	$334.91M	18.8×	-16.5×	Dec 31, 2015
2014	$4.70B	$133.32M	35.2×	+22.8×	Dec 31, 2014
2013	$5.15B	$413.17M	12.5×	-3.8×	Dec 31, 2013
2012	$5.53B	$340.31M	16.2×	+5.7×	Dec 31, 2012
2011	$4.58B	$436.28M	10.5×	-5.3×	Dec 31, 2011
2010	$5.11B	$323.72M	15.8×	-2.8×	Dec 31, 2010
2009	$3.32B	$178.37M	18.6×	+8.1×	Dec 31, 2009
2008	$2.04B	$194.20M	10.5×	-6.1×	Dec 31, 2008
2007	$3.81B	$229.69M	16.6×	-7.3×	Dec 31, 2007
2006	$3.42B	$142.97M	23.9×	+8.2×	Dec 31, 2006
2005	$1.81B	$114.87M	15.7×	-16.7×	Dec 31, 2005
2004	$1.78B	$54.84M	32.4×	+15.4×	Dec 31, 2004
2003	$1.24B	$72.52M	17.0×	+1.4×	Dec 31, 2003
2002	$1.17B	$74.75M	15.7×	+0.5×	Dec 31, 2002
2001	$1.03B	$68.17M	15.2×	—	Dec 31, 2001


Solstice Advanced Materials (SOLS)	113.0×
Corteva (CTVA)	48.4×
Weyerhaeuser (WY)	44.4×
Ecolab (ECL)	35.6×
Linde (LIN)	32.3×
Vulcan Materials (VMC)	32.1×
Freeport-McMoRan (FCX)	31.1×
Air Products and Chemicals (APD)	30.7×
Sherwin-Williams (SHW)	30.3×
Southern Copper (SCCO)	28.4×
H.B. Fuller (FUL)	22.5×
Eastman Chemical (EMN)	21.8×
International Flavors & Fragrances (IFF)	21.8×
RPM International (RPM)	21.8×
Avient (AVNT)	21.1×
Agnico Eagle Mines (AEM)	19.0×
Steel Dynamics (STLD)	19.0×
Nucor (NUE)	16.9×
PPG Industries (PPG)	15.1×
Martin Marietta Materials (MLM)	14.0×
CRH (CRH)	13.9×
Newmont (NEM)	13.9×
CF Industries Holdings (CF)	11.4×
Mosaic (MOS)	11.1×

P/E Ratio for Albemarle (ALB)

P/E Ratio daily chart for Albemarle (ALB)

Historical P/E Ratio for Albemarle (ALB) from 2001 to 2025

About P/E Ratio at Albemarle (ALB)

Albemarle P/E Ratio by Year

Albemarle P/E Ratio 2023: 10.8×

Albemarle P/E Ratio 2022: 9.4×

Albemarle P/E Ratio 2021: 221.2×

Albemarle P/E Ratio 2020: 41.9×

Albemarle P/E Ratio 2019: 14.5×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Albemarle (ALB) Key Financials

P/E Ratio daily chart for Albemarle (ALB)

Historical P/E Ratio for Albemarle (ALB) from 2001 to 2025

About P/E Ratio at Albemarle (ALB)

Albemarle P/E Ratio by Year

Albemarle P/E Ratio 2023: 10.8×

Albemarle P/E Ratio 2022: 9.4×

Albemarle P/E Ratio 2021: 221.2×

Albemarle P/E Ratio 2020: 41.9×

Albemarle P/E Ratio 2019: 14.5×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Albemarle's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Albemarle?

+Is Albemarle's P/E ratio high or low?

+What is Albemarle's historical P/E ratio range?

+What was Albemarle's P/E ratio in 2023?

+Why does Albemarle's P/E ratio change over time?

Albemarle (ALB) Key Financials