LyondellBasell Industries N.V.

NYSE:LYB Stock Report

Market Cap: US$24.5b

LyondellBasell Industries Valuation

Is LYB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of LYB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LYB ($74.8) is trading below our estimate of fair value ($184.79)

Significantly Below Fair Value: LYB is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LYB?

Key metric: As LYB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LYB. This is calculated by dividing LYB's market cap by their current earnings.
What is LYB's PE Ratio?
PE Ratio11.3x
EarningsUS$2.15b
Market CapUS$24.50b

Price to Earnings Ratio vs Peers

How does LYB's PE Ratio compare to its peers?

The above table shows the PE ratio for LYB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.1x
DOW Dow
26.8x28.0%US$28.5b
WLK Westlake
153.3x53.9%US$15.1b
CBT Cabot
13.8xn/aUS$5.4b
OLN Olin
26.4x46.8%US$4.1b
LYB LyondellBasell Industries
11.3x9.9%US$24.5b

Price-To-Earnings vs Peers: LYB is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (55.1x).

Price to Earnings Ratio vs Industry

How does LYB's PE Ratio compare vs other companies in the US Chemicals Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FFHL Fuwei Films (Holdings)
2.8xn/aUS$27.11m
BSLK Bolt Projects Holdings
0.08xn/aUS$12.43m
BON Bon Natural Life
2.6xn/aUS$6.67m
GSPI Green Star Products
1.8xn/aUS$1.79m
LYB 11.3xIndustry Avg. 20.9xNo. of Companies8PE01224364860+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LYB is good value based on its Price-To-Earnings Ratio (11.3x) compared to the US Chemicals industry average (20.9x).

Price to Earnings Ratio vs Fair Ratio

What is LYB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LYB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.3x
Fair PE Ratio19.3x

Price-To-Earnings vs Fair Ratio: LYB is good value based on its Price-To-Earnings Ratio (11.3x) compared to the estimated Fair Price-To-Earnings Ratio (19.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst LYB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$74.80
US$94.43
+26.2%
11.0%US$115.00US$81.00n/a21
Dec ’25US$83.34
US$100.77
+20.9%
8.3%US$118.21US$85.00n/a21
Nov ’25US$86.56
US$104.92
+21.2%
7.4%US$118.21US$89.00n/a22
Oct ’25US$95.81
US$105.52
+10.1%
6.7%US$118.00US$91.00n/a22
Sep ’25US$98.70
US$105.98
+7.4%
6.8%US$119.00US$91.00n/a22
Aug ’25US$98.14
US$107.16
+9.2%
7.0%US$120.00US$93.00n/a22
Jul ’25US$94.64
US$107.50
+13.6%
6.7%US$120.00US$93.00n/a22
Jun ’25US$99.42
US$107.50
+8.1%
6.7%US$120.00US$93.00n/a22
May ’25US$99.52
US$106.95
+7.5%
6.9%US$120.00US$93.00n/a23
Apr ’25US$102.07
US$103.23
+1.1%
7.6%US$118.00US$91.00n/a22
Mar ’25US$99.45
US$102.45
+3.0%
7.1%US$118.00US$91.00n/a22
Feb ’25US$94.61
US$103.05
+8.9%
6.1%US$118.00US$93.00n/a21
Jan ’25US$95.08
US$102.71
+8.0%
6.3%US$118.00US$93.00n/a21
Dec ’24US$95.50
US$103.05
+7.9%
7.1%US$118.00US$93.00US$83.3421
Nov ’24US$89.89
US$103.19
+14.8%
7.5%US$118.00US$91.00US$86.5621
Oct ’24US$94.70
US$102.68
+8.4%
9.7%US$124.00US$85.00US$95.8122
Sep ’24US$100.97
US$101.19
+0.2%
9.3%US$124.00US$85.00US$98.7023
Aug ’24US$97.76
US$100.43
+2.7%
10.9%US$124.00US$80.00US$98.1424
Jul ’24US$91.83
US$99.40
+8.2%
11.8%US$124.00US$77.00US$94.6426
Jun ’24US$86.66
US$101.14
+16.7%
11.8%US$124.00US$77.00US$99.4225
May ’24US$93.52
US$101.52
+8.6%
12.5%US$130.00US$75.00US$99.5223
Apr ’24US$93.89
US$100.29
+6.8%
13.2%US$130.00US$74.00US$102.0723
Mar ’24US$97.48
US$101.69
+4.3%
12.2%US$130.00US$75.00US$99.4524
Feb ’24US$97.17
US$92.25
-5.1%
13.4%US$116.00US$65.00US$94.6124
Jan ’24US$83.03
US$89.43
+7.7%
15.1%US$116.00US$65.00US$95.0823
Dec ’23US$84.64
US$87.65
+3.6%
15.7%US$116.00US$65.00US$95.5023

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 06:33
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

LyondellBasell Industries N.V. is covered by 47 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Ishan MajumdarBaptista Research
Scott DavisBarclays