Albemarle Corporation (ALB) P/E Ratio History
Historical price-to-earnings valuation from 1994 to 2024
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ALB Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Albemarle Corporation (ALB) trades at a price-to-earnings ratio of -33.5x, with a stock price of $192.61 and trailing twelve-month earnings per share of $-2.31.
The current P/E is 180% below its 5-year average of 42.0x. Over the past five years, ALB's P/E has ranged from a low of 6.0x to a high of 218.5x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 22.9x, ALB trades at a 246% discount to its sector peers. The sector includes 125 companies with P/E ratios ranging from 2.1x to 135.9x.
Relative to the broader market, ALB trades at a notable discount to the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ALB DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ALB P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $74B | 36.2 | - | -1% | |
| $3B | 41.5 | 1.67 | +12% | |
| $2B | 16.6Lowest | 0.52Best | +229%Best | |
| $1.5T | 369.0 | 9.52 | -47% | |
| $71B | 24.1 | - | -49% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ALB Historical P/E Data (1994–2024)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $131.74 | $2.75 | 47.9x | +71% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $144.48 | $13.34 | 10.8x | -61% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $170.04 | $28.20 | 6.0x | -78% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $223.09 | $33.24 | 6.7x | -76% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $221.04 | $31.18 | 7.1x | -75% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $216.86 | $22.82 | 9.5x | -66% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $264.44 | $13.19 | 20.0x | -28% |
| FY2022 Q2 | $208.98 | $2.22 | 94.1x | +237% | |
| FY2022 Q1 | $221.15 | $2.38 | 92.9x | +232% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $233.77 | $1.07 | 218.5x | +681% |
| FY2021 Q3 | $218.97 | $1.89 | 115.9x | +314% | |
| FY2021 Q2 | Wed Jun 30 2021 00:00:00 GM | $168.46 | $6.17 | 27.3x | -2% |
Average P/E for displayed period: 28.0x
Full ALB Stock Analysis
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Start ComparisonALB — Frequently Asked Questions
Quick answers to the most common questions about buying ALB stock.
Is ALB stock overvalued or undervalued?
ALB trades at -33.5x P/E, below its 5-year average of 42.0x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does ALB's valuation compare to peers?
Albemarle Corporation P/E of -33.5x compares to sector median of 22.9x. The discount suggests lower growth expectations or higher risk.
What is ALB's PEG ratio?
ALB PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1994-2024.