Dow Inc. (DOW) P/E Ratio History
Historical price-to-earnings valuation from 2019 to 2025
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DOW Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Dow Inc. (DOW) trades at a price-to-earnings ratio of -10.4x, with a stock price of $38.50 and trailing twelve-month earnings per share of $-3.83.
The current P/E is 142% below its 5-year average of 24.7x. Over the past five years, DOW's P/E has ranged from a low of 5.7x to a high of 87.2x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 22.9x, DOW trades at a 146% 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, DOW 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 DOW 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.
DOW P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $9B | 18.5Lowest | 5.75 | -47% | |
| $233B | 34.4 | 1.36Best | +7%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
DOW Historical P/E Data (2019–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $34.92 | $0.40 | 87.2x | +263% |
| FY2024 Q4 | $40.13 | $1.57 | 25.6x | +6% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $54.63 | $1.50 | 36.4x | +52% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $53.05 | $1.62 | 32.7x | +36% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $57.93 | $1.68 | 34.5x | +44% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $54.84 | $0.82 | 66.9x | +179% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $51.56 | $1.83 | 28.2x | +17% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $53.26 | $2.44 | 21.8x | -9% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $54.82 | $4.03 | 13.6x | -43% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $50.39 | $6.28 | 8.0x | -67% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $43.93 | $7.74 | 5.7x | -76% |
| FY2022 Q2 | $51.61 | $8.94 | 5.8x | -76% |
Average P/E for displayed period: 24.0x
Full DOW Stock Analysis
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Start ComparisonDOW — Frequently Asked Questions
Quick answers to the most common questions about buying DOW stock.
Is DOW stock overvalued or undervalued?
DOW trades at -10.4x P/E, below its 5-year average of 24.7x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does DOW's valuation compare to peers?
Dow Inc. P/E of -10.4x compares to sector median of 22.9x. The discount suggests lower growth expectations or higher risk.
What is DOW's PEG ratio?
DOW PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2019-2025.