Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 37.07 is in line with its 5-year average of 40.40, near the low end of its 5-year range (30.58–63.26).
As of 2026-09-13T22:42:10.271Z. 0.25% below its 12-month average of 37.16.
Calculation as of: 2026-09-13T22:42:10.271Z.
Quote observation: 2026-09-11T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 099a18503e4d8306517ac365505177f609e23908d2ca9138c3f0622227d20b51
PE Ratio (37.07) = Close Price ($276.18) / Diluted TTM EPS ($7.45)
PE RATIO
37.07
PE RATIO AVG TTM
37.16
PE RATIO AVG 3Y
39.32
PE RATIO AVG 5Y
40.40
PE RATIO AVG 10Y
36.95
PE RATIO AVG 15Y
36.16
PE RATIO AVG 20Y
35.52
CURRENT VS TTM AVG
-0.25%
CURRENT VS 3Y AVG
-5.73%
CURRENT VS 5Y AVG
-8.25%
CURRENT VS 10Y AVG
+0.34%
CURRENT VS 15Y AVG
+2.50%
CURRENT VS 20Y AVG
+4.35%
SECTOR MEDIAN · BASIC MATERIALS
24.49
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+51.37%
vs the sector median at left
Market Cap
$78.49B
PE Ratio
29.80
TTM Avg
32.42
3Y Avg
33.33
5Y Avg
33.94
Market Cap
$69.99B
PE Ratio
34.17
TTM Avg
47.68
3Y Avg
47.57
5Y Avg
39.41
Market Cap
$88.44B
PE Ratio
25.44
TTM Avg
26.47
3Y Avg
26.52
5Y Avg
28.48
Market Cap
$64.90B
PE Ratio
N/A
TTM Avg
35.67
3Y Avg
27.89
5Y Avg
27.90
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ecolab Inc. (ECL) | $77.73B | 37.07 | 37.16 | 39.32 | 40.40 |
| The Sherwin-Williams Company (SHW)vs › | $78.49B | 29.80 | 32.42 | 33.33 | 33.94 |
| Barrick Mining Corporation (B)vs › | $73.19B | 11.17 | 14.33 | 73.21 | 63.73 |
| Wheaton Precious Metals Corp. (WPM)vs › | $69.99B | 34.17 | 47.68 | 47.57 | 39.41 |
| Johnson Controls International plc (JCI)vs › | $88.44B | 25.44 | 26.47 | 26.52 | 28.48 |
| Vale S.A. (VALE)vs › | $64.95B | 31.73 | 16.99 | 9.90 | 7.53 |
| Air Products and Chemicals, Inc. (APD)vs › | $64.90B | N/A | 35.67 | 27.89 | 27.90 |
| CRH plc (CRH)vs › | $59.17B | N/A | N/A | N/A | N/A |
| Nucor Corporation (NUE)vs › | $59.08B | 20.69 | 23.94 | 16.48 | 12.24 |
| Corteva, Inc. (CTVA)vs › | $56.12B | 55.57 | 41.76 | 46.58 | 39.60 |
At 37.1, P/E is near its 20-year median — higher than 61% of readings in its 20-year history.
20-year low
20.4
median
35.5
20-year high
63.3
Trailing P/E
37.1
Forward P/E
33.9
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$276.18
Forward EPS (Est.)
$8.16
Forward P/E
33.87
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-09-11 | 37.07 |
| 2026-09-10 | 36.46 |
| 2026-09-09 | 36.54 |
| 2026-09-08 | 37.33 |
| 2026-09-04 | 37.49 |
| 2026-09-03 | 37.45 |
| 2026-09-02 | 37.57 |
| 2026-09-01 | 37.62 |
| 2026-08-31 | 38.01 |
| 2026-08-28 | 38.49 |
| 2026-08-27 | 38.38 |
| 2026-08-26 | 39.01 |
| 2026-08-25 | 38.86 |
| 2026-08-24 | 38.52 |
| 2026-08-21 | 37.80 |
| 2026-08-20 | 37.78 |
| 2026-08-19 | 38.34 |
| 2026-08-18 | 37.58 |
| 2026-08-17 | 37.03 |
| 2026-08-14 | 37.06 |
| 2026-08-13 | 37.08 |
| 2026-08-12 | 37.37 |
| 2026-08-11 | 38.21 |
| 2026-08-10 | 38.17 |
| 2026-08-07 | 38.28 |
| 2026-08-06 | 38.36 |
| 2026-08-05 | 38.63 |
| 2026-08-04 | 38.31 |
| 2026-08-03 | 37.81 |
| 2026-07-31 | 37.57 |
| 2026-07-30 | 37.80 |
| 2026-07-29 | 38.39 |
| 2026-07-28 | 38.28 |
| 2026-07-27 | 36.72 |
| 2026-07-24 | 36.37 |
| 2026-07-23 | 35.61 |
| 2026-07-22 | 36.11 |
| 2026-07-21 | 35.75 |
| 2026-07-20 | 36.35 |
| 2026-07-17 | 36.92 |
| 2026-07-16 | 37.31 |
| 2026-07-15 | 36.57 |
| 2026-07-14 | 36.50 |
| 2026-07-13 | 36.79 |
| 2026-07-10 | 37.12 |
| 2026-07-09 | 36.95 |
| 2026-07-08 | 37.09 |
| 2026-07-07 | 38.31 |
| 2026-07-06 | 38.39 |
| 2026-07-02 | 38.34 |
| 2026-07-01 | 37.67 |
| 2026-06-30 | 37.70 |
| 2026-06-29 | 37.70 |
| 2026-06-26 | 38.38 |
| 2026-06-25 | 38.05 |
| 2026-06-24 | 37.39 |
| 2026-06-23 | 36.35 |
| 2026-06-22 | 36.45 |
| 2026-06-18 | 36.42 |
| 2026-06-17 | 36.41 |
| 2026-06-16 | 37.06 |
| 2026-06-15 | 36.34 |
| 2026-06-12 | 35.91 |
| 2026-06-11 | 35.67 |
| 2026-06-10 | 34.78 |
| 2026-06-09 | 35.78 |
| 2026-06-08 | 34.83 |
| 2026-06-05 | 34.91 |
| 2026-06-04 | 34.42 |
| 2026-06-03 | 34.60 |
| 2026-06-02 | 34.68 |
| 2026-06-01 | 33.89 |
| 2026-05-29 | 34.64 |
| 2026-05-28 | 35.22 |
| 2026-05-27 | 35.53 |
| 2026-05-26 | 34.40 |
| 2026-05-22 | 34.28 |
| 2026-05-21 | 33.85 |
| 2026-05-20 | 33.65 |
| 2026-05-19 | 33.25 |
| 2026-05-18 | 33.72 |
| 2026-05-15 | 33.51 |
| 2026-05-14 | 33.68 |
| 2026-05-13 | 33.78 |
| 2026-05-12 | 34.06 |
| 2026-05-11 | 33.98 |
| 2026-05-08 | 34.40 |
| 2026-05-07 | 35.24 |
| 2026-05-06 | 36.18 |
| 2026-05-05 | 35.39 |
| 2026-05-04 | 35.11 |
| 2026-05-01 | 35.65 |
| 2026-04-30 | 35.80 |
| 2026-04-29 | 35.25 |
| 2026-04-28 | 36.67 |
| 2026-04-27 | 36.80 |
| 2026-04-24 | 37.02 |
| 2026-04-23 | 37.29 |
| 2026-04-22 | 36.94 |
| 2026-04-21 | 37.20 |
| 2026-04-20 | 37.87 |
| 2026-04-17 | 37.75 |
| 2026-04-16 | 36.98 |
| 2026-04-15 | 37.14 |
| 2026-04-14 | 37.52 |
| 2026-04-13 | 37.80 |
| 2026-04-10 | 37.54 |
| 2026-04-09 | 37.43 |
| 2026-04-08 | 37.57 |
| 2026-04-07 | 36.02 |
| 2026-04-06 | 36.68 |
| 2026-04-02 | 36.30 |
| 2026-04-01 | 37.02 |
| 2026-03-31 | 36.54 |
| 2026-03-30 | 36.06 |
| 2026-03-27 | 35.90 |
| 2026-03-26 | 36.30 |
| 2026-03-25 | 36.89 |
| 2026-03-24 | 36.33 |
| 2026-03-23 | 35.87 |
| 2026-03-20 | 35.23 |
| 2026-03-19 | 35.54 |
| 2026-03-18 | 35.97 |
| 2026-03-17 | 37.44 |
| 2026-03-16 | 37.52 |
| 2026-03-13 | 37.66 |
| 2026-03-12 | 37.90 |
| 2026-03-11 | 38.05 |
| 2026-03-10 | 38.65 |
| 2026-03-09 | 38.72 |
| 2026-03-06 | 38.83 |
| 2026-03-05 | 39.40 |
| 2026-03-04 | 40.92 |
| 2026-03-03 | 41.00 |
| 2026-03-02 | 41.68 |
| 2026-02-27 | 42.36 |
| 2026-02-26 | 42.14 |
| 2026-02-25 | 42.10 |
| 2026-02-24 | 42.33 |
| 2026-02-23 | 43.92 |
| 2026-02-20 | 43.70 |
| 2026-02-19 | 43.25 |
| 2026-02-18 | 43.48 |
| 2026-02-17 | 43.65 |
| 2026-02-13 | 42.98 |
| 2026-02-12 | 43.20 |
| 2026-02-11 | 43.61 |
| 2026-02-10 | 43.05 |
| 2026-02-09 | 41.40 |
| 2026-02-06 | 41.71 |
| 2026-02-05 | 41.26 |
| 2026-02-04 | 41.40 |
| 2026-02-03 | 40.58 |
| 2026-02-02 | 40.75 |
| 2026-01-30 | 40.52 |
| 2026-01-29 | 40.64 |
| 2026-01-28 | 40.44 |
| 2026-01-27 | 40.82 |
| 2026-01-26 | 40.76 |
| 2026-01-23 | 40.50 |
| 2026-01-22 | 40.44 |
| 2026-01-21 | 40.21 |
| 2026-01-20 | 39.22 |
| 2026-01-16 | 39.81 |
| 2026-01-15 | 39.90 |
| 2026-01-14 | 39.60 |
| 2026-01-13 | 39.30 |
| 2026-01-12 | 38.94 |
| 2026-01-09 | 39.04 |
| 2026-01-08 | 39.04 |
| 2026-01-07 | 38.61 |
| 2026-01-06 | 39.01 |
| 2026-01-05 | 37.81 |
| 2026-01-02 | 37.74 |
| 2025-12-31 | 37.72 |
| 2025-12-30 | 38.00 |
| 2025-12-29 | 38.15 |
| 2025-12-26 | 38.18 |
| 2025-12-24 | 38.16 |
| 2025-12-23 | 38.04 |
| 2025-12-22 | 38.42 |
| 2025-12-19 | 37.87 |
| 2025-12-18 | 37.78 |
| 2025-12-17 | 37.63 |
| 2025-12-16 | 37.29 |
| 2025-12-15 | 37.52 |
| 2025-12-12 | 37.87 |
| 2025-12-11 | 37.55 |
| 2025-12-10 | 36.99 |
| 2025-12-09 | 36.39 |
| 2025-12-08 | 36.95 |
| 2025-12-05 | 37.31 |
| 2025-12-04 | 37.99 |
| 2025-12-03 | 37.98 |
| 2025-12-02 | 38.92 |
| 2025-12-01 | 39.20 |
| 2025-11-28 | 39.53 |
| 2025-11-26 | 39.51 |
| 2025-11-25 | 39.29 |
| 2025-11-24 | 38.62 |
| 2025-11-21 | 38.37 |
| 2025-11-20 | 37.61 |
| 2025-11-19 | 37.57 |
| 2025-11-18 | 36.73 |
| 2025-11-17 | 36.70 |
| 2025-11-14 | 37.15 |
| 2025-11-13 | 37.64 |
| 2025-11-12 | 37.51 |
| 2025-11-11 | 37.65 |
| 2025-11-10 | 37.15 |
| 2025-11-07 | 36.80 |
| 2025-11-06 | 36.36 |
| 2025-11-05 | 37.20 |
| 2025-11-04 | 37.16 |
| 2025-11-03 | 36.99 |
| 2025-10-31 | 36.84 |
| 2025-10-30 | 34.33 |
| 2025-10-29 | 34.38 |
| 2025-10-28 | 35.82 |
| 2025-10-27 | 37.34 |
| 2025-10-24 | 37.01 |
| 2025-10-23 | 36.72 |
| 2025-10-22 | 36.85 |
| 2025-10-21 | 37.14 |
| 2025-10-20 | 37.41 |
| 2025-10-17 | 36.95 |
| 2025-10-16 | 36.13 |
| 2025-10-15 | 36.54 |
| 2025-10-14 | 36.45 |
| 2025-10-13 | 36.08 |
| 2025-10-10 | 36.33 |
| 2025-10-09 | 36.39 |
| 2025-10-08 | 37.56 |
| 2025-10-07 | 37.25 |
| 2025-10-06 | 37.35 |
| 2025-10-03 | 36.93 |
| 2025-10-02 | 36.58 |
| 2025-10-01 | 36.01 |
| 2025-09-30 | 36.56 |
| 2025-09-29 | 36.44 |
| 2025-09-26 | 36.18 |
| 2025-09-25 | 35.68 |
| 2025-09-24 | 35.65 |
| 2025-09-23 | 35.49 |
| 2025-09-22 | 35.66 |
| 2025-09-19 | 35.44 |
| 2025-09-18 | 35.36 |
| 2025-09-17 | 35.43 |
| 2025-09-16 | 35.26 |
| 2025-09-15 | 36.13 |
| 2025-09-12 | 36.40 |
| 2025-09-11 | 36.70 |
| 2025-09-10 | 35.93 |
| 2025-09-09 | 36.14 |
| 2025-09-08 | 36.76 |
| 2025-09-05 | 36.52 |
| 2025-09-04 | 36.71 |
| 2025-09-03 | 36.48 |
| 2025-09-02 | 36.69 |
| 2025-08-29 | 36.99 |
Showing the most recent 260 of 4,781 data points. The chart above shows the full history.