Albemarle Corporation
ALB

$12.88 B
Marketcap
$109.55
Share price
Country
$-0.75
Change (1 day)
$153.54
Year High
$71.97
Year Low

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, and disinfectants and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.

marketcap

P/E ratio for Albemarle Corporation (ALB)

P/E ratio as of 2023: 10.77

According to Albemarle Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.77. At the end of 2022 the company had a P/E ratio of 12.43.

P/E ratio history for Albemarle Corporation from 1993 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 10.77
2022 12.43
2021 218.97
2020 41.77
2019 14.51
2018 12.05
2017 258.61
2016 15.03
2015 18.59
2014 35.49
2013 12.86
2012 17.78
2011 10.69
2010 15.75
2009 18.66
2008 10.49
2007 17.11
2006 23.76
2005 15.48
2004 29.35
2003 17.19
2002 16.03
2001 16.11
2000 11.16
1999 10.12
1998 14.46
1997 16.47
1996 6.84
1995 16.20
1994 17.57
1993 39.19