Stock Analysis on Net
Stock Analysis on Net

Albemarle Corp. (NYSE:ALB)

This company has been moved to the archive! The financial data has not been updated since May 3, 2023.

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

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Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).

Historical Valuation Ratios (Summary)

Albemarle Corp., historical price multiples (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Price to earnings (P/E) 5.52 11.89 20.10 106.46 89.68 181.56 150.35 34.40 53.56 48.47 26.07 21.50 13.51 17.06 12.36 13.09 11.06 14.07 — — —
Price to operating profit (P/OP) 6.22 12.94 19.44 33.15 26.44 28.12 33.40 25.00 36.29 36.01 19.14 16.78 10.78 13.66 10.08 10.54 8.70 10.71 — — —
Price to sales (P/S) 2.31 4.37 5.58 6.48 6.96 6.75 9.63 7.49 6.06 5.82 3.07 2.79 1.96 2.53 2.01 2.10 2.27 2.89 — — —
Price to book value (P/BV) 2.20 4.01 4.64 4.61 4.33 3.99 5.60 3.92 3.40 4.27 2.41 2.34 1.77 2.31 1.84 1.88 2.09 2.72 3.25 2.73 2.87

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Albemarle Corp. P/E ratio decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Albemarle Corp. P/OP ratio decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Albemarle Corp. P/S ratio decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Albemarle Corp. P/BV ratio decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Price to Earnings (P/E)

Albemarle Corp., historical P/E calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 117,336,441 117,197,977 117,152,794 117,128,763 117,112,692 117,036,615 116,976,318 116,949,867 116,721,826 116,632,439 106,457,193 106,357,989 106,318,614 106,206,157 106,033,033 105,986,264 105,956,723 105,753,864 106,205,885 108,449,763 110,763,247
Selected Financial Data (US$)
Net income (loss) attributable to Albemarle Corporation (in thousands) 1,238,580 1,132,445 897,215 406,773 253,383 (3,824) (392,781) 424,600 95,677 84,635 98,301 85,624 107,204 90,391 155,070 154,198 133,569 129,596 129,745 302,461 131,760
Earnings per share (EPS)2 31.32 22.95 13.26 2.25 2.40 1.06 1.81 6.01 3.12 3.22 3.58 4.12 4.77 5.02 5.40 5.16 6.56 6.56 0.00 0.00 0.00
Share price1, 3 172.91 272.79 266.52 239.54 215.47 191.85 272.66 206.84 167.15 156.17 93.43 88.60 64.41 85.65 66.72 67.59 72.58 92.28 107.99 92.81 98.39
Valuation Ratio
P/E ratio4 5.52 11.89 20.10 106.46 89.68 181.56 150.35 34.40 53.56 48.47 26.07 21.50 13.51 17.06 12.36 13.09 11.06 14.07 — — —
Benchmarks
P/E Ratio, Competitors5
Linde plc 39.93 41.34 37.71 41.67 39.22 38.92 45.83 48.23 53.02 52.57 58.47 56.55 41.46 46.22 — — — — — — —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
EPS = (Net income (loss) attributable to Albemarle CorporationQ1 2023 + Net income (loss) attributable to Albemarle CorporationQ4 2022 + Net income (loss) attributable to Albemarle CorporationQ3 2022 + Net income (loss) attributable to Albemarle CorporationQ2 2022) ÷ No. shares of common stock outstanding
= (1,238,580,000 + 1,132,445,000 + 897,215,000 + 406,773,000) ÷ 117,336,441 = 31.32

3 Closing price as at the filing date of Albemarle Corp. Quarterly or Annual Report.

4 Q1 2023 Calculation
P/E ratio = Share price ÷ EPS
= 172.91 ÷ 31.32 = 5.52

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Albemarle Corp. P/E ratio decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Price to Operating Profit (P/OP)

Albemarle Corp., historical P/OP calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 117,336,441 117,197,977 117,152,794 117,128,763 117,112,692 117,036,615 116,976,318 116,949,867 116,721,826 116,632,439 106,457,193 106,357,989 106,318,614 106,206,157 106,033,033 105,986,264 105,956,723 105,753,864 106,205,885 108,449,763 110,763,247
Selected Financial Data (US$)
Operating profit (in thousands) 1,101,763 833,009 890,977 434,096 311,979 (31,286) 131,523 542,333 155,864 125,136 144,432 112,200 124,044 139,085 186,147 185,737 155,154 174,807 163,760 390,350 182,623
Operating profit per share2 27.78 21.08 13.71 7.23 8.15 6.82 8.16 8.28 4.61 4.34 4.88 5.28 5.97 6.27 6.62 6.41 8.34 8.62 0.00 0.00 0.00
Share price1, 3 172.91 272.79 266.52 239.54 215.47 191.85 272.66 206.84 167.15 156.17 93.43 88.60 64.41 85.65 66.72 67.59 72.58 92.28 107.99 92.81 98.39
Valuation Ratio
P/OP ratio4 6.22 12.94 19.44 33.15 26.44 28.12 33.40 25.00 36.29 36.01 19.14 16.78 10.78 13.66 10.08 10.54 8.70 10.71 — — —
Benchmarks
P/OP Ratio, Competitors5
Linde plc 30.79 31.93 28.89 31.50 30.03 29.87 34.99 36.47 40.55 39.58 44.47 43.23 31.75 36.01 — — — — — — —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
Operating profit per share = (Operating profitQ1 2023 + Operating profitQ4 2022 + Operating profitQ3 2022 + Operating profitQ2 2022) ÷ No. shares of common stock outstanding
= (1,101,763,000 + 833,009,000 + 890,977,000 + 434,096,000) ÷ 117,336,441 = 27.78

3 Closing price as at the filing date of Albemarle Corp. Quarterly or Annual Report.

4 Q1 2023 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 172.91 ÷ 27.78 = 6.22

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Albemarle Corp. P/OP ratio decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Price to Sales (P/S)

Albemarle Corp., historical P/S calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 117,336,441 117,197,977 117,152,794 117,128,763 117,112,692 117,036,615 116,976,318 116,949,867 116,721,826 116,632,439 106,457,193 106,357,989 106,318,614 106,206,157 106,033,033 105,986,264 105,956,723 105,753,864 106,205,885 108,449,763 110,763,247
Selected Financial Data (US$)
Net sales (in thousands) 2,580,252 2,620,978 2,091,805 1,479,593 1,127,728 894,204 830,566 773,896 829,291 879,147 746,868 764,049 738,845 992,564 879,747 885,052 832,064 921,699 777,748 853,874 821,629
Sales per share2 74.76 62.46 47.74 36.99 30.96 28.44 28.32 27.61 27.58 26.83 30.46 31.73 32.88 33.80 33.18 32.24 31.95 31.91 0.00 0.00 0.00
Share price1, 3 172.91 272.79 266.52 239.54 215.47 191.85 272.66 206.84 167.15 156.17 93.43 88.60 64.41 85.65 66.72 67.59 72.58 92.28 107.99 92.81 98.39
Valuation Ratio
P/S ratio4 2.31 4.37 5.58 6.48 6.96 6.75 9.63 7.49 6.06 5.82 3.07 2.79 1.96 2.53 2.01 2.10 2.27 2.89 — — —
Benchmarks
P/S Ratio, Competitors5
Linde plc 5.38 5.14 4.29 4.53 4.96 4.84 5.50 5.48 5.56 4.83 4.85 4.73 3.46 3.74 — — — — — — —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
Sales per share = (Net salesQ1 2023 + Net salesQ4 2022 + Net salesQ3 2022 + Net salesQ2 2022) ÷ No. shares of common stock outstanding
= (2,580,252,000 + 2,620,978,000 + 2,091,805,000 + 1,479,593,000) ÷ 117,336,441 = 74.76

3 Closing price as at the filing date of Albemarle Corp. Quarterly or Annual Report.

4 Q1 2023 Calculation
P/S ratio = Share price ÷ Sales per share
= 172.91 ÷ 74.76 = 2.31

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Albemarle Corp. P/S ratio decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Price to Book Value (P/BV)

Albemarle Corp., historical P/BV calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 117,336,441 117,197,977 117,152,794 117,128,763 117,112,692 117,036,615 116,976,318 116,949,867 116,721,826 116,632,439 106,457,193 106,357,989 106,318,614 106,206,157 106,033,033 105,986,264 105,956,723 105,753,864 106,205,885 108,449,763 110,763,247
Selected Financial Data (US$)
Total Albemarle Corporation shareholders’ equity (in thousands) 9,212,735 7,982,627 6,732,636 6,085,291 5,826,600 5,625,266 5,694,116 6,165,549 5,746,384 4,268,227 4,124,881 4,024,472 3,878,004 3,932,250 3,836,559 3,800,801 3,672,274 3,585,321 3,528,844 3,693,576 3,800,310
Book value per share (BVPS)2 78.52 68.11 57.47 51.95 49.75 48.06 48.68 52.72 49.23 36.60 38.75 37.84 36.48 37.02 36.18 35.86 34.66 33.90 33.23 34.06 34.31
Share price1, 3 172.91 272.79 266.52 239.54 215.47 191.85 272.66 206.84 167.15 156.17 93.43 88.60 64.41 85.65 66.72 67.59 72.58 92.28 107.99 92.81 98.39
Valuation Ratio
P/BV ratio4 2.20 4.01 4.64 4.61 4.33 3.99 5.60 3.92 3.40 4.27 2.41 2.34 1.77 2.31 1.84 1.88 2.09 2.72 3.25 2.73 2.87
Benchmarks
P/BV Ratio, Competitors5
Linde plc 4.48 4.28 3.85 3.73 3.67 3.38 3.69 3.47 3.34 2.78 2.84 2.83 2.17 2.15 2.26 2.05 1.93 — — — —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
BVPS = Total Albemarle Corporation shareholders’ equity ÷ No. shares of common stock outstanding
= 9,212,735,000 ÷ 117,336,441 = 78.52

3 Closing price as at the filing date of Albemarle Corp. Quarterly or Annual Report.

4 Q1 2023 Calculation
P/BV ratio = Share price ÷ BVPS
= 172.91 ÷ 78.52 = 2.20

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Albemarle Corp. P/BV ratio decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.