Price to Earnings (P/E)
since 2011
Calculation
LyondellBasell Industries N.V., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income attributable to the Company shareholders1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 21, 2019 | 7.01 | = | 88.50 | ÷ | 12.63 | 12.63 | = | 4,688 | ÷ | 371,156,998 | |
| Feb 22, 2018 | 8.96 | = | 110.83 | ÷ | 12.37 | 12.37 | = | 4,879 | ÷ | 394,556,328 | |
| Feb 17, 2017 | 9.75 | = | 92.91 | ÷ | 9.53 | 9.53 | = | 3,836 | ÷ | 402,531,335 | |
| Feb 16, 2016 | 7.52 | = | 77.93 | ÷ | 10.36 | 10.36 | = | 4,476 | ÷ | 432,200,532 | |
| Feb 17, 2015 | 10.28 | = | 89.94 | ÷ | 8.75 | 8.75 | = | 4,174 | ÷ | 477,142,443 | |
| Feb 20, 2014 | 12.16 | = | 85.80 | ÷ | 7.06 | 7.06 | = | 3,857 | ÷ | 546,551,455 | |
| Feb 12, 2013 | 12.22 | = | 60.51 | ÷ | 4.95 | 4.95 | = | 2,848 | ÷ | 575,304,233 | |
| Feb 29, 2012 | 11.54 | = | 43.18 | ÷ | 3.74 | 3.74 | = | 2,147 | ÷ | 573,708,873 |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of LyondellBasell Industries N.V. Annual Report.
- Share Price
- The share price of the company exhibited a general upward trend from February 29, 2012, reaching a peak of 110.83 US$ by February 22, 2018. Initially, there was a significant increase from 43.18 US$ in 2012 to 89.94 US$ in 2015. However, after peaking in 2018, the share price declined notably to 88.5 US$ by February 21, 2019, indicating some market volatility or changing investor sentiment during the latter period.
- Earnings Per Share (EPS)
- Earnings per share showed consistent growth throughout the entire period. Starting at 3.74 US$ in 2012, EPS rose steadily each year with only a minor dip in 2017, reaching a high of 12.63 US$ by 2019. This pattern suggests improving profitability over time, with a strong base of earnings growth that outpaced share price increases.
- Price-to-Earnings (P/E) Ratio
- The P/E ratio experienced a downward trend over the years, decreasing from 11.54 in 2012 to 7.01 in 2019. Despite rising earnings per share, the P/E ratio's decline suggests that the market price of the stock did not increase proportionally to earnings, possibly indicating a more conservative valuation by investors or increased risk perception in later years. Notably, there was a drop in the ratio from 10.28 in 2015 to 7.52 in 2016, followed by minor fluctuations before reaching its lowest point in 2019.
Comparison to Competitors
LyondellBasell Industries N.V., P/E, long-term trends, comparison to competitors
| LyondellBasell Industries N.V. | Linde plc | Sherwin-Williams Co. | |
|---|---|---|---|
| Feb 21, 2019 | 7.01 | 19.41 | 36.79 |
| Feb 22, 2018 | 8.96 | 34.48 | 21.12 |
| Feb 17, 2017 | 9.75 | 22.87 | 25.74 |
| Feb 16, 2016 | 7.52 | 18.76 | 22.74 |
| Feb 17, 2015 | 10.28 | 21.92 | 31.54 |
| Feb 20, 2014 | 12.16 | 21.31 | 26.50 |
| Feb 12, 2013 | 12.22 | 19.64 | 26.48 |
| Feb 29, 2012 | 11.54 | 19.45 | 23.80 |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Sector (Chemicals)
LyondellBasell Industries N.V., P/E, long-term trends, comparison to sector (chemicals)
| LyondellBasell Industries N.V. | Chemicals | |
|---|---|---|
| Feb 21, 2019 | 7.01 | 22.92 |
| Feb 22, 2018 | 8.96 | 26.64 |
| Feb 17, 2017 | 9.75 | 24.11 |
| Feb 16, 2016 | 7.52 | 20.37 |
| Feb 17, 2015 | 10.28 | 25.17 |
| Feb 20, 2014 | 12.16 | 22.86 |
| Feb 12, 2013 | 12.22 | 21.50 |
| Feb 29, 2012 | 11.54 | 20.36 |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Industry (Materials)
LyondellBasell Industries N.V., P/E, long-term trends, comparison to industry (materials)
| LyondellBasell Industries N.V. | Materials | |
|---|---|---|
| Feb 21, 2019 | 7.01 | 17.75 |
| Feb 22, 2018 | 8.96 | 22.15 |
| Feb 17, 2017 | 9.75 | — |
| Feb 16, 2016 | 7.52 | — |
| Feb 17, 2015 | 10.28 | 69.44 |
| Feb 20, 2014 | 12.16 | 17.83 |
| Feb 12, 2013 | 12.22 | 15.06 |
| Feb 29, 2012 | 11.54 | 12.60 |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).