Westlake Corp
NYSE:WLK
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (1.5), the stock would be worth $100.26 (9% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.6 | $110.64 |
0%
|
| 3-Year Average | 1.5 | $100.26 |
-9%
|
| 5-Year Average | 1.5 | $105.38 |
-5%
|
| Industry Average | 1.5 | $101.44 |
-8%
|
| Country Average | 2.5 | $172.78 |
+56%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| US |
|
Westlake Corp
NYSE:WLK
|
14.2B USD | 1.6 | -9.4 | |
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR | 1.8 | -8.8 | |
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
45.6B USD | 12.2 | 41.8 | |
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
523.3T IDR | 8.3 | 28.4 | |
| US |
|
Dow Inc
NYSE:DOW
|
27.7B USD | 1.7 | -10.5 | |
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
169.8B CNY | 2.5 | 19 | |
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
22.5B USD | 2.2 | -29.9 | |
| TW |
|
Nan Ya Plastics Corp
TWSE:1303
|
675.7B TWD | 1.9 | 149.5 | |
| KR |
|
LG Chem Ltd
KRX:051910
|
30.6T KRW | 0.9 | -16.8 | |
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
118.8B CNY | 2.7 | 161.3 | |
| IN |
|
Solar Industries India Ltd
NSE:SOLARINDS
|
1.4T INR | 26.6 | 93.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.5 |
| 70th Percentile | 4.8 |
| Max | 147 580.5 |
Other Multiples
Westlake Corp
Glance View
Westlake Corp., a giant in the world of chemicals and plastics, operates as a crucial player in the global materials industry by bridging sophisticated chemical processing with everyday applications. Established in 1986, the company has evolved into a comprehensive business network that supplies its products to a variety of industries. Westlake's core activities revolve around the production of a diverse range of petrochemical and polymer products. This includes manufacturing essential building blocks like polyethylene and polyvinyl chloride (PVC), which are pivotal in creating everything from piping systems and construction materials to flexible and rigid packaging. The essence of Westlake's business prowess lies in its vertically integrated operations. By controlling various stages of production—from the making of raw materials to final goods—the company enhances efficiency and ensures a steady supply chain, accommodating large-scale manufacturing demands worldwide. The company's financial strength is amplified by its strategic approach to market demands and its investments in technology-driven innovation. Westlake's facilities, strategically located across North America, Asia, and Europe, reflect its commitment to meeting the diverse needs of its clientele. The company's steady profitability is anchored in its ability to produce high-quality materials at competitive costs, offering value that customers across different sectors seek. Additionally, Westlake taps into cyclical and counter-cyclical markets, leveraging its versatile product lineup to weather industry dynamics. As sustainability becomes a critical focus globally, Westlake is also investing in eco-friendly innovations and technologies to align with environmental goals. By staying attuned to market trends and technological advancements, Westlake Corp. not only sustains its growth trajectory but also remains agile in an ever-evolving industry landscape.