What is the price-to-earnings ratio of Westlake?
The price-earnings ratio of Westlake is currently 1.61.
Westlake P/S 2024
Westlake P/S
1.61
Ticker
WLK
ISIN
US9604131022
WKN
A0B7ET
As of Jul 22, 2024, Westlake's P/S ratio stood at 1.61, a 49.07% change from the 1.08 P/S ratio recorded in the previous year.
The Westlake P/S history
Westlake Aktienanalyse
What does Westlake do?
Westlake Chemical Corp is a multinational chemical and polymer manufacturer based in Houston, Texas. The company was founded in 1986 and has since experienced significant growth. Today, Westlake Chemical Corp is one of the largest providers of PVC (Polyvinylchloride) in the global market. The core products offered by the company include a wide range of plastics, resins, and specialty chemicals for various industries. Westlake Chemical Corp is divided into five main business segments: Vinyls (PVC), Olefins and Feedstocks, Polymers, Performance Chemicals, and Specialty Chemicals. In each of these segments, the company offers a wide range of high-quality products to customers worldwide. Vinyls (PVC) is the largest business segment of Westlake Chemical Corp and focuses on the production of PVC products for various applications, including pipes, construction, and consumer goods. PVC is a versatile material known for its durability and flexibility. Westlake Chemical Corp is one of the world's leading providers of PVC products, producing over 3.5 billion pounds of PVC per year. The Olefins and Feedstocks business segment refers to the production of hydrocarbons such as ethylene, propylene, and butylene, which serve as raw materials for the production of plastics and other chemical products. These products are widely used in numerous industrial sectors and are an essential component of modern production. Polymers is the business segment of Westlake Chemical Corp that focuses on the production of polyethylene, polypropylene, and polystyrene. These materials are used in various applications, including packaging, construction, and consumer goods. Polyethylene and polypropylene are often referred to as "universal materials" as they can be used in a variety of products. The Performance Chemicals business segment produces a wide range of specialty chemicals used in various industries such as construction, marine, automotive, electronics, and other applications. Examples include adhesives, paints, coatings, resins, and other high-tech materials. Lastly, the Specialty Chemicals business segment produces a wide range of specialty chemicals for various applications such as agriculture, cosmetics, as well as cleaning and detergent. These chemicals are often highly specialized and are used by industry sectors that specialize in a particular niche. Overall, Westlake Chemical Corp has offered its customers a wide range of high-quality products and services. The company is based in Houston, Texas, but has numerous production sites in North America, Europe, and Asia. The company has established itself as a global enterprise through its innovation and investment initiatives, while maintaining a commitment to continuous improvement. Additionally, the company emphasizes the environment and sustainability of its products and production processes and actively engages in this area. Westlake ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Westlake's P/S Ratio
Westlake's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Westlake's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Westlake's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Westlake’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Westlake stock
How has the price-earnings ratio of Westlake changed compared to last year?
The price-to-earnings ratio of Westlake has increased by 49.07% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Westlake high compared to other companies?
Yes, the price-to-earnings ratio of Westlake is high compared to other companies.
How does an increase in the price-earnings ratio of Westlake affect the company?
An increase in the price-earnings ratio of Westlake would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Westlake affect the company?
A decrease in the price-earnings ratio of Westlake would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Westlake?
Some factors that influence the price-earnings ratio of Westlake are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Westlake pay?
Over the past 12 months, Westlake paid a dividend of 1.71 USD . This corresponds to a dividend yield of about 1.18 %. For the coming 12 months, Westlake is expected to pay a dividend of 2.05 USD.
What is the dividend yield of Westlake?
The current dividend yield of Westlake is 1.18 %.
When does Westlake pay dividends?
Westlake pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of Westlake?
Westlake paid dividends every year for the past 23 years.
What is the dividend of Westlake?
For the upcoming 12 months, dividends amounting to 2.05 USD are expected. This corresponds to a dividend yield of 1.41 %.
In which sector is Westlake located?
Westlake is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Westlake kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Westlake from 6/6/2024 amounting to 0.5 USD, you needed to have the stock in your portfolio before the ex-date on 5/20/2024.
When did Westlake pay the last dividend?
The last dividend was paid out on 6/6/2024.
What was the dividend of Westlake in the year 2023?
In the year 2023, Westlake distributed 1.309 USD as dividends.
In which currency does Westlake pay out the dividend?
The dividends of Westlake are distributed in USD.
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Andere Kennzahlen von Westlake
Our stock analysis for Westlake Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Westlake Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
