Microsoft Excel LibreOffice Calc

DuPont de Nemours Inc. (DD)


Common Stock Valuation Ratios (Price Multiples)

Beginner level

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).


Current Valuation Ratios

DuPont de Nemours Inc., current price multiples

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DuPont de Nemours Inc. Linde plc Chemicals
Selected Financial Data
Current share price (P) $64.04
No. shares of common stock outstanding 740,806,717
Growth rate (g) 2.26%
 
Earnings per share (EPS) $5.19
Next year expected EPS $5.31
Operating profit per share $7.29
Sales per share $116.06
Book value per share (BVPS) $127.66
Valuation Ratios (Price Multiples)
Price to earnings (P/E) 12.34 25.01 19.09
Price to next year expected earnings 12.07 22.03 18.24
Price-earnings-growth (PEG) 5.46 1.85 4.12
Price to operating profit (P/OP) 8.78 20.88 14.74
Price to sales (P/S) 0.55 7.35 1.56
Price to book value (P/BV) 0.50 2.12 1.07

Based on: 10-K (filing date: 2019-02-11).

If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.


Historical Valuation Ratios (Summary)

DuPont de Nemours Inc., historical price multiples

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Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Price to earnings (P/E) 30.50 114.62 18.38 7.00 16.68
Price to operating profit (P/OP) 21.70 307.05 20.77 9.28 10.62
Price to sales (P/S) 1.36 2.68 1.52 1.05 0.98
Price to book value (P/BV) 1.24 1.67 2.81 2.03 2.55

Based on: 10-K (filing date: 2019-02-11), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13).

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. DuPont de Nemours Inc.’s P/E ratio increased from 2016 to 2017 but then slightly decreased from 2017 to 2018 not reaching 2016 level.
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. DuPont de Nemours Inc.’s P/OP ratio increased from 2016 to 2017 but then slightly decreased from 2017 to 2018 not reaching 2016 level.
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. DuPont de Nemours Inc.’s P/S ratio increased from 2016 to 2017 but then decreased significantly from 2017 to 2018.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company’s required rate of return and its actual rate of return. DuPont de Nemours Inc.’s P/BV ratio decreased from 2016 to 2017 and from 2017 to 2018.

Price to Earnings (P/E)

DuPont de Nemours Inc., historical P/E calculation, comparison to benchmarks

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Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
No. shares of common stock outstanding1 751,587,353 776,341,159 404,437,193 372,370,816 385,898,352
Selected Financial Data (US$)
Net income available for DuPont common stockholders (in millions) 3,844  1,460  3,978  7,345  3,432 
Earnings per share (EPS)2 5.11 1.88 9.84 19.72 8.89
Share price1, 3 156.00 215.55 180.78 138.03 148.32
Valuation Ratio
P/E ratio4 30.50 114.62 18.38 7.00 16.68
Benchmarks
P/E Ratio, Competitors5
Linde plc 21.71 34.48 22.87 18.76 21.92
P/E Ratio, Sector
Chemicals 25.82 77.70 19.61 9.04 18.41

Based on: 10-K (filing date: 2019-02-11), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13).

1 Data adjusted for splits and stock dividends.

2 2018 Calculation
EPS = Net income available for DuPont common stockholders ÷ No. shares of common stock outstanding
= 3,844,000,000 ÷ 751,587,353 = 5.11

3 Closing price as at the filing date of DuPont de Nemours Inc.’s Annual Report.

4 2018 Calculation
P/E ratio = Share price ÷ EPS
= 156.00 ÷ 5.11 = 30.50

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. DuPont de Nemours Inc.’s P/E ratio increased from 2016 to 2017 but then slightly decreased from 2017 to 2018 not reaching 2016 level.

Price to Operating Profit (P/OP)

DuPont de Nemours Inc., historical P/OP calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
No. shares of common stock outstanding1 751,587,353 776,341,159 404,437,193 372,370,816 385,898,352
Selected Financial Data (US$)
Operating income (in millions) 5,404  545  3,520  5,539  5,389 
Operating profit per share2 7.19 0.70 8.70 14.87 13.96
Share price1, 3 156.00 215.55 180.78 138.03 148.32
Valuation Ratio
P/OP ratio4 21.70 307.05 20.77 9.28 10.62
Benchmarks
P/OP Ratio, Competitors5
Linde plc 18.13 17.56 15.33 12.50 14.24
P/OP Ratio, Sector
Chemicals 19.94 70.28 18.66 10.23 11.80

Based on: 10-K (filing date: 2019-02-11), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13).

1 Data adjusted for splits and stock dividends.

2 2018 Calculation
Operating profit per share = Operating income ÷ No. shares of common stock outstanding
= 5,404,000,000 ÷ 751,587,353 = 7.19

3 Closing price as at the filing date of DuPont de Nemours Inc.’s Annual Report.

4 2018 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 156.00 ÷ 7.19 = 21.70

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. DuPont de Nemours Inc.’s P/OP ratio increased from 2016 to 2017 but then slightly decreased from 2017 to 2018 not reaching 2016 level.

Price to Sales (P/S)

DuPont de Nemours Inc., historical P/S calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
No. shares of common stock outstanding1 751,587,353 776,341,159 404,437,193 372,370,816 385,898,352
Selected Financial Data (US$)
Net sales (in millions) 85,977  62,484  48,158  48,778  58,167 
Sales per share2 114.39 80.49 119.07 130.99 150.73
Share price1, 3 156.00 215.55 180.78 138.03 148.32
Valuation Ratio
P/S ratio4 1.36 2.68 1.52 1.05 0.98
Benchmarks
P/S Ratio, Competitors5
Linde plc 6.38 3.76 3.26 2.69 3.03
P/S Ratio, Sector
Chemicals 2.11 2.85 1.83 1.35 1.34

Based on: 10-K (filing date: 2019-02-11), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13).

1 Data adjusted for splits and stock dividends.

2 2018 Calculation
Sales per share = Net sales ÷ No. shares of common stock outstanding
= 85,977,000,000 ÷ 751,587,353 = 114.39

3 Closing price as at the filing date of DuPont de Nemours Inc.’s Annual Report.

4 2018 Calculation
P/S ratio = Share price ÷ Sales per share
= 156.00 ÷ 114.39 = 1.36

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. DuPont de Nemours Inc.’s P/S ratio increased from 2016 to 2017 but then decreased significantly from 2017 to 2018.

Price to Book Value (P/BV)

DuPont de Nemours Inc., historical P/BV calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
No. shares of common stock outstanding1 751,587,353 776,341,159 404,437,193 372,370,816 385,898,352
Selected Financial Data (US$)
Total DuPont’s stockholders’ equity (in millions) 94,571  100,330  25,987  25,374  22,423 
Book value per share (BVPS)2 125.83 129.23 64.25 68.14 58.11
Share price1, 3 156.00 215.55 180.78 138.03 148.32
Valuation Ratio
P/BV ratio4 1.24 1.67 2.81 2.03 2.55
Benchmarks
P/BV Ratio, Competitors5
Linde plc 1.84 7.15 6.83 6.61 6.60
P/BV Ratio, Sector
Chemicals 1.45 1.98 3.46 2.70 3.36

Based on: 10-K (filing date: 2019-02-11), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13).

1 Data adjusted for splits and stock dividends.

2 2018 Calculation
BVPS = Total DuPont’s stockholders’ equity ÷ No. shares of common stock outstanding
= 94,571,000,000 ÷ 751,587,353 = 125.83

3 Closing price as at the filing date of DuPont de Nemours Inc.’s Annual Report.

4 2018 Calculation
P/BV ratio = Share price ÷ BVPS
= 156.00 ÷ 125.83 = 1.24

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’s required rate of return and its actual rate of return. DuPont de Nemours Inc.’s P/BV ratio decreased from 2016 to 2017 and from 2017 to 2018.