APD P/E ratio: current value, 10-year range and year-by-year history
Cash & Leverage
APD's p/e ratio is lower than 95% of the last 10 years.
P/E ratio History
APD P/E ratio by year
Yearly range of APD’s p/e ratio from 2016 to 2026. Over the full period it ranged from -1,510.5 to 57.5, averaging -11.2.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | -1,510.5 | -473.4 | 32.4 | -1,419.4 |
| 2025 | -163.8 | -12.4 | 43.1 | -163.8 |
| 2024 | 16.6 | 22.0 | 26.1 | 16.8 |
| 2023 | 24.7 | 28.6 | 31.5 | 26.5 |
| 2022 | 21.6 | 25.6 | 32.1 | 30.4 |
| 2021 | 27.1 | 32.1 | 36.0 | 31.1 |
| 2020 | 20.8 | 29.9 | 36.8 | 32.1 |
| 2019 | 20.2 | 26.8 | 30.4 | 27.6 |
| 2018 | 11.8 | 22.9 | 32.6 | 20.9 |
| 2017 | 9.3 | 21.4 | 57.5 | 12.0 |
| 2016 | 45.8 | 48.9 | 52.1 | 49.8 |
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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.
Price / Earnings Per ShareThe chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.
- Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
- A falling P/E trend may signal a business in structural decline, not a buying opportunity.
Is APD P/E ratio High or Low Right Now?
Air Products and Chemicals, Inc.'s P/E ratio is currently -1,419.4, which is near historic low relative to its 10-year historical range. The 10-year median P/E ratio for APD is approximately 26.7. See all APD valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.