A Look Into Westlake Chemical Inc's Price Over Earnings
Portfolio Pulse from Benzinga Insights
Westlake Chemical Inc. (NYSE:WLKP) has a current stock price of $22.45, with a slight decrease of 0.04%. Over the past month, the stock increased by 0.27% and by 4.76% over the past year. The company's P/E ratio is 13.95, lower than the Chemicals industry average of 145.18, suggesting potential undervaluation or lower growth expectations.
October 28, 2024 | 1:33 pm
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Westlake Chemical Inc.'s stock is trading at $22.45 with a P/E ratio of 13.95, which is significantly lower than the industry average of 145.18. This could indicate that the stock is undervalued or that investors have lower growth expectations for the company.
The article discusses Westlake Chemical's P/E ratio in comparison to the industry average, suggesting potential undervaluation or lower growth expectations. The stock's slight recent price changes indicate a neutral short-term impact.
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