Air Products and Chemicals
APD
#328
Rank
$60.21 B
Marketcap
$270.86
Share price
1.25%
Change (1 day)
-9.49%
Change (1 year)

Air Products & Chemicals, is an American manufacturer of industrial gases. In addition to various industrial gases, the company produces semiconductor materials, refinery hydrogen and other chemicals.

P/E ratio for Air Products and Chemicals (APD)

P/E ratio as of July 2024 (TTM): 27.1

According to Air Products and Chemicals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.1054. At the end of 2022 the company had a P/E ratio of 30.2.

P/E ratio history for Air Products and Chemicals from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.2-2.65%
202131.0-2.93%
202031.916.13%
201927.532.23%
201820.866.08%
201712.5-77.37%
201655.3180.8%
201519.7-28.98%
201427.728.49%
201321.658.87%
201213.6-2.06%
201113.9-19.03%
201017.1-11.56%
200919.440.83%
200813.8-25.21%
200718.4-0.69%
200618.5-96.57%
200553978.05%
20043031034.49%
200326.766.12%
200216.1-23.32%
200121.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.9-26.60%๐Ÿ‡จ๐Ÿ‡ฆ Canada
29.7 9.68%๐Ÿ‡บ๐Ÿ‡ธ USA
8.48-68.70%๐Ÿ‡บ๐Ÿ‡ธ USA
5.07-81.29%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.