Question 1

What is International Paper's P/E ratio?

Accepted Answer

International Paper (IP) P/E ratio is 51.2× as of August 6, 2025. 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 International Paper?

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 International Paper specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is International Paper's P/E ratio high or low?

Accepted Answer

International Paper's P/E ratio of 51.2× is above its own 5-year average of 26.3× and above the sector median of 21.9×. That places the current reading at the 89th 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 International Paper's historical P/E ratio range?

Accepted Answer

In the available daily series, International Paper (IP) P/E ratio has ranged from a low of 0.0× in 2011 to a high of 347.8× in 2005. The 5-year average is 26.3× and the 5-year median is 15.7×.

Question 7

What was International Paper's P/E ratio in 2024?

Accepted Answer

International Paper (IP) P/E ratio at the end of 2024 was 33.8×. 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 International Paper'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	$20.80B	−$3.52B	—	—	Dec 31, 2025
2024	$18.84B	$557.00M	33.8×	-7.6×	Dec 31, 2024
2023	$12.52B	$302.00M	41.5×	+33.3×	Dec 31, 2023
2022	$12.24B	$1.50B	8.1×	-2.1×	Dec 31, 2022
2021	$17.95B	$1.75B	10.2×	-28.1×	Dec 31, 2021
2020	$18.47B	$482.00M	38.3×	+24.3×	Dec 31, 2020
2019	$17.13B	$1.23B	14.0×	+6.4×	Dec 31, 2019
2018	$15.29B	$2.01B	7.6×	-3.0×	Dec 31, 2018
2017	$22.63B	$2.14B	10.6×	-12.3×	Dec 31, 2017
2016	$20.66B	$904.00M	22.9×	+7.1×	Dec 31, 2016
2015	$14.78B	$938.00M	15.8×	-22.5×	Dec 31, 2015
2014	$21.24B	$555.00M	38.3×	+23.8×	Dec 31, 2014
2013	$20.16B	$1.40B	14.4×	-5.9×	Dec 31, 2013
2012	$16.18B	$794.00M	20.4×	+20.4×	Dec 31, 2012
2011	$0.00	$1.30B	0.0×	0.0×	Dec 31, 2011
2010	$0.00	$644.00M	0.0×	0.0×	Dec 31, 2010
2009	$0.00	$663.00M	0.0×	—	Dec 31, 2009
2008	$0.00	−$1.28B	—	—	Dec 31, 2008
2007	$0.00	$1.17B	0.0×	0.0×	Dec 31, 2007
2006	$0.00	$1.04B	0.0×	0.0×	Dec 31, 2006
2005	$0.00	$1.10B	0.0×	0.0×	Dec 31, 2005
2004	$0.00	$22.00M	0.0×	0.0×	Dec 31, 2004
2003	$0.00	$305.00M	0.0×	0.0×	Dec 31, 2003
2002	$0.00	$295.00M	0.0×	—	Dec 31, 2002
2001	$0.00	−$1.14B	—	—	Dec 31, 2001


Las Vegas Sands (LVS)	19.6×
Avery Dennison (AVY)	19.3×
Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Etsy (ETSY)	16.9×
Ball (BALL)	16.8×
Royal Caribbean Cruises (RCL)	16.6×
Lennar (LEN)	15.6×
GameStop (GME)	15.6×
Norwegian Cruise Line (NCLH)	15.0×
NVR (NVR)	14.8×
Masco (MAS)	14.6×
LKQ (LKQ)	14.5×
Mohawk Industries (MHK)	14.3×
Carnival Corporation (CCL)	14.0×
Deckers Outdoor (DECK)	13.8×
Weyco Group (WEYS)	12.8×
D.R. Horton (DHI)	12.5×
Best Buy Co. (BBY)	11.1×
PulteGroup (PHM)	11.0×
PDD Holdings (PDD)	10.7×
Toll Brothers (TOL)	10.5×
Lululemon Athletica (LULU)	10.2×
Leggett & Platt (LEG)	6.1×
Sonoco Products (SON)	5.1×

P/E Ratio for International Paper (IP)

P/E Ratio daily chart for International Paper (IP)

Historical P/E Ratio for International Paper (IP) from 2001 to 2025

About P/E Ratio at International Paper (IP)

International Paper P/E Ratio by Year

International Paper P/E Ratio 2024: 33.8×

International Paper P/E Ratio 2023: 41.5×

International Paper P/E Ratio 2022: 8.1×

International Paper P/E Ratio 2021: 10.2×

International Paper P/E Ratio 2020: 38.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

International Paper (IP) Key Financials

P/E Ratio daily chart for International Paper (IP)

Historical P/E Ratio for International Paper (IP) from 2001 to 2025

About P/E Ratio at International Paper (IP)

International Paper P/E Ratio by Year

International Paper P/E Ratio 2024: 33.8×

International Paper P/E Ratio 2023: 41.5×

International Paper P/E Ratio 2022: 8.1×

International Paper P/E Ratio 2021: 10.2×

International Paper P/E Ratio 2020: 38.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is International Paper'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 International Paper?

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

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

+What was International Paper's P/E ratio in 2024?

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

International Paper (IP) Key Financials