Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
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).
Paying user area
Try for free
DuPont de Nemours Inc. pages available for free this week:
- Balance Sheet: Assets
- Analysis of Geographic Areas
- Enterprise Value to EBITDA (EV/EBITDA)
- Price to FCFE (P/FCFE)
- Present Value of Free Cash Flow to Equity (FCFE)
- Selected Financial Data since 2005
- Return on Assets (ROA) since 2005
- Current Ratio since 2005
- Debt to Equity since 2005
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to DuPont de Nemours Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Historical Valuation Ratios (Summary)
DuPont de Nemours Inc., historical price multiples (quarterly data)
Based on: 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), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).
- Price to Earnings (P/E) Ratio
- The P/E ratio data is largely absent for the initial periods but starts at 2.33 in March 2016. From this point, it fluctuates modestly through 2016 and early 2017, initially rising from 2.33 to 3.22, then decreasing and subsequently increasing again to 20.37 by December 2017. The ratio shows a significant upward trend thereafter, peaking notably at 78.84 in December 2019. This sharp increase indicates a strong market expectation of future earnings growth or possibly a rise in the company's stock price not entirely supported by earnings.
- Price to Operating Profit (P/OP) Ratio
- The P/OP ratio exhibits a general increasing trend from 3.09 in March 2016 to a peak of 106.11 in June 2018. Following this peak, there is considerable volatility with values dropping to as low as 5.39 in June 2019 before rising again to 39.25 in December 2019. This volatility reflects fluctuations in operating profit relative to stock price, with the extreme spike in mid-2018 suggesting either a significant compression in operating profits or a rapid increase in market valuation at that time.
- Price to Sales (P/S) Ratio
- The P/S ratio shows a progressive increase over the analyzed periods, beginning at 0.35 in March 2016 and reaching 1.83 by December 2019. There is a fairly steady rise until early 2017, where it initially peaks near 0.99, followed by some decline and stabilization around 0.45 to 0.70 between 2017 and early 2019. The ratio then rises sharply in the last two quarters, indicating an increasing valuation relative to sales.
- Price to Book Value (P/BV) Ratio
- The P/BV ratio starts below 1 throughout the timespan, ranging from 0.28 to 1.22, without a clear long-term upward or downward trend. It initially decreases from 0.89 in early 2015 to as low as 0.28 in mid-2019, then increases slightly again toward the end of 2019, finishing just below 1 at 0.96. This suggests fluctuations in market valuation relative to the company's book value, with periods of market undervaluation and modest recovery toward the end of the period.
- Overall Observations
- Collectively, the valuation ratios reveal increased market valuation of the company over time, especially notable in the later periods where price multiples grew significantly. The earnings and operating profit multiples depict heightened expectations and volatility in profitability metrics. Meanwhile, the P/S ratio’s upward trend suggests stronger market confidence relative to sales. The P/BV ratio remains under 1 for most of the time span, indicating that market prices often traded below book value, except for some recovery at the end. These patterns reflect an evolving market perception, with increasing optimism or speculative valuation particularly evident near the conclusion of the observed period.
Price to Earnings (P/E)
DuPont de Nemours Inc., historical P/E calculation (quarterly data)
| Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | ||||||||||||||||||||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||
| Net income (loss) available for DuPont common stockholders (in millions) | ||||||||||||||||||||||||||
| Earnings per share (EPS)2 | ||||||||||||||||||||||||||
| Share price1, 3 | ||||||||||||||||||||||||||
| Valuation Ratio | ||||||||||||||||||||||||||
| P/E ratio4 | ||||||||||||||||||||||||||
| Benchmarks | ||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | ||||||||||||||||||||||||||
| Linde plc | ||||||||||||||||||||||||||
| Sherwin-Williams Co. | ||||||||||||||||||||||||||
Based on: 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), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).
1 Data adjusted for splits and stock dividends.
2 Q4 2019 Calculation
EPS
= (Net income (loss) available for DuPont common stockholdersQ4 2019
+ Net income (loss) available for DuPont common stockholdersQ3 2019
+ Net income (loss) available for DuPont common stockholdersQ2 2019
+ Net income (loss) available for DuPont common stockholdersQ1 2019)
÷ No. shares of common stock outstanding
= ( + + + )
÷ =
3 Closing price as at the filing date of DuPont de Nemours Inc. Quarterly or Annual Report.
4 Q4 2019 Calculation
P/E ratio = Share price ÷ EPS
= ÷ =
5 Click competitor name to see calculations.
The share price exhibited a fluctuating pattern over the analyzed periods from March 2015 to December 2019. Initially, the price showed moderate variation, with a general upward trend peaking towards the end of 2017. However, this was followed by a decline in 2018, and a notable dip in early 2019 before recovering somewhat in the middle of 2019. By the last quarter of 2019, the share price had decreased again, reflecting increased volatility in the later years.
Earnings per share (EPS) data, which became available starting in March 2016, revealed significant variability. The EPS started at a relatively high level but experienced a sharp decline through 2017, reaching its lowest point in late 2017 and early 2018. This was followed by a gradual recovery throughout 2018 and a peak in early 2019, after which the EPS fell again towards the end of 2019. The variability suggests fluctuations in profitability or accounting changes affecting earnings recognition over the quarters.
The Price-to-Earnings (P/E) ratio displayed an inverse relationship to EPS across the periods examined. Initially low in 2016, it increased substantially through 2017 and 2018, reaching a peak in 2018 and early 2019, indicating that the share price was high relative to earnings during these times, potentially due to market optimism or expectations of future growth. The exceptionally high P/E ratios in late 2019 correspond to very low EPS values, amplifying the ratio and suggesting reduced earnings performance relative to share price.
Overall, the data reveals a period of earnings volatility with corresponding impacts on valuation metrics. The share price showed general growth until 2017 but became more volatile through 2018 and 2019. Earnings showed a trough followed by recovery and subsequent decline, contributing to fluctuating valuation multiples. This pattern indicates periods of market uncertainty or changing performance fundamentals affecting investor sentiment and valuation.
- Share Price Trend
- Uptrend up to late 2017 with intermittent fluctuations, followed by increased volatility and partial decline through 2018 and 2019.
- Earnings Per Share (EPS) Trend
- High initial EPS with a sharp decline through 2017, recovery throughout 2018, followed by a decline in late 2019.
- P/E Ratio Trend
- Low ratios in early years leading to elevated P/E from 2017 onwards, peaking with very high multiples in late 2019 due to declining EPS.
- Relationship Among Metrics
- Inverse correlation between EPS and P/E ratio observed, with share price movements partially following overall trends but less so when earnings diminished.
Price to Operating Profit (P/OP)
DuPont de Nemours Inc., historical P/OP calculation (quarterly data)
| Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | ||||||||||||||||||||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||
| Operating income (loss) (in millions) | ||||||||||||||||||||||||||
| Operating profit per share2 | ||||||||||||||||||||||||||
| Share price1, 3 | ||||||||||||||||||||||||||
| Valuation Ratio | ||||||||||||||||||||||||||
| P/OP ratio4 | ||||||||||||||||||||||||||
| Benchmarks | ||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | ||||||||||||||||||||||||||
| Linde plc | ||||||||||||||||||||||||||
| Sherwin-Williams Co. | ||||||||||||||||||||||||||
Based on: 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), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).
1 Data adjusted for splits and stock dividends.
2 Q4 2019 Calculation
Operating profit per share
= (Operating income (loss)Q4 2019
+ Operating income (loss)Q3 2019
+ Operating income (loss)Q2 2019
+ Operating income (loss)Q1 2019)
÷ No. shares of common stock outstanding
= ( + + + )
÷ =
3 Closing price as at the filing date of DuPont de Nemours Inc. Quarterly or Annual Report.
4 Q4 2019 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= ÷ =
5 Click competitor name to see calculations.
The share price exhibited a fluctuating but generally declining trend over the five-year period. It started at $51.65 in March 2015, experienced some increases peaking around $71.85 in December 2017, but then demonstrated a downward movement, reaching as low as $34.89 in March 2019, followed by some recovery and subsequent decline to $53.10 in December 2019.
Operating profit per share (OP) data were available beginning in March 2016. The OP showed a declining trend from 14.87 in March 2016 to negative territory by December 2019, with fluctuations in between. Notably, a steep drop occurred from 5.12 in December 2017 down to -0.06 by December 2019, reflecting a weakening operational performance over time.
The price to operating profit ratio (P/OP) mirrored the volatility in both share prices and operating profit. Initially, P/OP gradually increased from 3.09 in March 2016 to very high values exceeding 100 by June 2018, indicating diminishing operating profit relative to price. Subsequently, the ratio decreased but remained substantially elevated, showing erratic behavior, and ultimately data for December 2019 was not provided. This high and volatile P/OP ratio suggests investors had varying expectations about sustained profitability relative to the stock price.
Price to Sales (P/S)
DuPont de Nemours Inc., historical P/S calculation (quarterly data)
| Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | ||||||||||||||||||||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||
| Net sales (in millions) | ||||||||||||||||||||||||||
| Sales per share2 | ||||||||||||||||||||||||||
| Share price1, 3 | ||||||||||||||||||||||||||
| Valuation Ratio | ||||||||||||||||||||||||||
| P/S ratio4 | ||||||||||||||||||||||||||
| Benchmarks | ||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | ||||||||||||||||||||||||||
| Linde plc | ||||||||||||||||||||||||||
| Sherwin-Williams Co. | ||||||||||||||||||||||||||
Based on: 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), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).
1 Data adjusted for splits and stock dividends.
2 Q4 2019 Calculation
Sales per share
= (Net salesQ4 2019
+ Net salesQ3 2019
+ Net salesQ2 2019
+ Net salesQ1 2019)
÷ No. shares of common stock outstanding
= ( + + + )
÷ =
3 Closing price as at the filing date of DuPont de Nemours Inc. Quarterly or Annual Report.
4 Q4 2019 Calculation
P/S ratio = Share price ÷ Sales per share
= ÷ =
5 Click competitor name to see calculations.
The data reveals several notable trends in the financial indicators over the quarterly periods. The share price experienced fluctuations throughout the examined timeframe, beginning around the mid-40s to low-50s range in early 2015, increasing steadily until reaching a peak near the end of 2017, followed by a decline into 2018 and a sharp fall by early 2019, with some recovery signs in mid-2019 before another reduction towards the end of the year.
Sales per share, available from the first quarter of 2016 onward, started near 131 US dollars, exhibiting a general downward trend through late 2017, corresponding to a decrease in sales efficiency per share. Starting in 2018, sales per share showed a period of growth, peaking around late 2018 and into early 2019, but then sharply dropping in subsequent quarters through to the last data point in 2019, indicating significant variability and potential challenges in sales performance.
The price-to-sales (P/S) ratio demonstrates considerable variability across the periods. It began near 0.35 in early 2016 and increased steadily to about 0.51 by late 2016. A pronounced jump occurs towards the end of 2017, approaching a peak ratio close to 0.99, which may reflect increased market valuation relative to sales. However, subsequent quarters show a decline in the P/S ratio throughout 2018 and early 2019, bottoming near 0.31, before rising sharply to values above 0.9 and peaking at approximately 1.83 by the last quarter of 2019. This sharp increase late in 2019 suggests the share price may have surged relative to sales or that sales declined substantially, impacting valuation metrics.
In summary, the periods reflect a complex pattern of rising and falling share prices, fluctuating sales per share, and a volatile P/S ratio, signaling dynamic market conditions and business performance challenges during the observed timeframe. The data points toward periods of growth and contraction, with notable instability especially visible in sales per share and valuation measures in the latter quarters.
- Share Price Trends
- Fluctuated from low 50s in 2015, peaked in late 2017, declined in 2018, partially recovered mid-2019, and dropped again by end 2019.
- Sales per Share Trends
- Started high in early 2016, declined through 2017, rebounded in late 2018 to early 2019, then sharply decreased in mid to late 2019.
- Price-to-Sales (P/S) Ratio
- Rose from 0.35 in early 2016 to nearly 1 in late 2017, then declined to around 0.31 by early 2019, followed by a sharp increase to 1.83 by end 2019, indicating valuation shifts.
Price to Book Value (P/BV)
DuPont de Nemours Inc., historical P/BV calculation (quarterly data)
| Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | ||||||||||||||||||||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||
| Total DuPont’s stockholders’ equity (in millions) | ||||||||||||||||||||||||||
| Book value per share (BVPS)2 | ||||||||||||||||||||||||||
| Share price1, 3 | ||||||||||||||||||||||||||
| Valuation Ratio | ||||||||||||||||||||||||||
| P/BV ratio4 | ||||||||||||||||||||||||||
| Benchmarks | ||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | ||||||||||||||||||||||||||
| Linde plc | ||||||||||||||||||||||||||
| Sherwin-Williams Co. | ||||||||||||||||||||||||||
Based on: 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).
1 Data adjusted for splits and stock dividends.
2 Q4 2019 Calculation
BVPS = Total DuPont’s stockholders’ equity ÷ No. shares of common stock outstanding
= ÷ =
3 Closing price as at the filing date of DuPont de Nemours Inc. Quarterly or Annual Report.
4 Q4 2019 Calculation
P/BV ratio = Share price ÷ BVPS
= ÷ =
5 Click competitor name to see calculations.
The analysis of the quarterly financial data reveals several notable trends in share price, book value per share (BVPS), and the price-to-book value (P/BV) ratio for the company over the five-year period.
- Share Price
- The share price experiences moderate fluctuations but generally demonstrates an upward trend from early 2015 through mid-2017, reaching a peak of 71.85 US$ in December 2017. Afterwards, the price declines significantly into 2018, stabilizing around the low 50s by the end of 2018. A sharp drop to 34.89 US$ in the first quarter of 2019 is followed by a rapid recovery in the middle of 2019, reaching 68.53 US$ in June 2019 before falling again towards the end of 2019.
- Book Value Per Share (BVPS)
- The book value per share shows a general increase from March 2015 through September 2017, peaking dramatically at 131.98 US$ in the third quarter of 2017. This sharp rise may indicate a significant accounting event or asset revaluation during this period. Following the peak, BVPS remains relatively stable at just above 125 US$ for the next two quarters before experiencing a steep decline starting in March 2019, dropping steadily to a low of 55.43 US$ by the end of 2019.
- Price-to-Book Value (P/BV) Ratio
- The P/BV ratio generally stays below 1 for most of the observed period, indicating that the share price tends to trade below the book value per share for the majority of time. This suggests a conservative market valuation relative to the company's book value. Notably, the ratio decreases from 0.89 in early 2015 to around 0.4 by late 2018, reflecting either falling share price relative to BVPS or rising BVPS at that time. However, in 2019, the P/BV ratio exhibits a marked increase, surpassing 1.0 during the mid-year, peaking at 1.22 in June 2019. This indicates that the share price temporarily exceeded the book value per share before settling back below parity towards the end of 2019.
In summary, the period is characterized by significant volatility in all three metrics, with a dramatic increase and subsequent decrease in BVPS and corresponding fluctuations in share price and valuation multiples. The temporary elevation of the P/BV ratio above 1 in 2019 suggests shifts in market sentiment or company fundamentals during that year, whereas most other periods reflect a pricing below book value, possibly hinting at cautious investor sentiment or underlying challenges not fully captured in book value alone.