Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 22.43.
Forward PE Ratio (22.43) = Close Price ($297.71) / Consensus Forward EPS ($13.43)
FORWARD PE RATIO
22.43
SECTOR MEDIAN · BASIC MATERIALS
18.82
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+19.21%
vs the sector median at left
Air Products and Chemicals, Inc.
Market Cap
$66.30B
Forward PE Ratio
22.43
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Air Products and Chemicals, Inc. (APD) | $66.30B | 22.43 |
| Vale S.A. (VALE)vs › | $66.36B | 8.38 |
| Wheaton Precious Metals Corp. (WPM)vs › | $70.44B | 32.43 |
| CRH plc (CRH)vs › | $60.55B | 16.00 |
| Barrick Mining Corporation (B)vs › | $73.89B | 12.35 |
| Nucor Corporation (NUE)vs › | $58.39B | 14.01 |
| Corteva, Inc. (CTVA)vs › | $57.45B | 23.40 |
| AngloGold Ashanti plc (AU)vs › | $54.53B | 12.20 |
| Ecolab Inc. (ECL)vs › | $78.27B | 34.25 |
| The Sherwin-Williams Company (SHW)vs › | $79.16B | 27.56 |
Trailing P/E
N/A
reported TTM EPS
Forward P/E
22.4
consensus next-FY EPS
At today's $297.71 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-09-30 | $13.43 | $13.25 – $13.50 | 11 | 22.2x |
| 2027-09-30 | $14.45 | $14.27 – $14.77 | 12 | 20.6x |
| 2028-09-30 | $15.70 | $15.24 – $16.48 | 5 | 19.0x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute