Westlake Chemical Partners LP (WLKP) is now in the Undervalued zone, suggesting that its current forward PE ratio of 12.02 is considered Undervalued compared with the five-year average of 12.84. The fair price of Westlake Chemical Partners LP (WLKP) is between 30.53 to 34.42 according to relative valuation method. Compared to the current price of 22.19 USD , Westlake Chemical Partners LP By Undervalued By 27.32%.

Relative Value

Fair Zone

30.53-34.42

Current Price：22.19

27.32%

Undervalued

P/E

EV/EBITDA

EV/EBIT

P/S

P/OCF

P/FCF

Trailing

Forward

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Westlake Chemical Partners LP (WLKP) has a current Price-to-Book (P/B) ratio of 1.33. Compared to its 3-year average P/B ratio of 1.50, the current P/B ratio is approximately -11.74% higher. Relative to its 5-year average P/B ratio of 1.58, the current P/B ratio is about -15.77% higher. Westlake Chemical Partners LP (WLKP) has a Forward Free Cash Flow (FCF) yield of approximately 31.31%. Compared to its 3-year average FCF yield of 48.29%, the current FCF yield is approximately -35.17% lower. Relative to its 5-year average FCF yield of 43.80%, the current FCF yield is about -28.53% lower.

Competitors Valuation Multiple

AI Analysis

The average P/S ratio for WLKP competitors is 0.75, providing a benchmark for relative valuation. Westlake Chemical Partners LP Corp (WLKP.N) exhibits a P/S ratio of 0.53, which is -29.45% above the industry average. Given its robust revenue growth of 11.37%, this premium appears unsustainable.

P/E

P/S

EV/EBITDA

EV/EBIT

Earnings Growth

Market Cap

Performance Decomposition

AI Analysis

Market capitalization of WLKP increased by 0.00% over the past 1 year(s). The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.

The secondary factor is the Unknown, contributed 0.00% to the performance.

Overall, the performance of WLKP in the past 1 year(s) is driven by Unknown.

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Frequently Asked Questions

Is WLKP currently overvalued or undervalued?

Westlake Chemical Partners LP (WLKP) is now in the Undervalued zone, suggesting that its current forward PE ratio of 12.02 is considered Undervalued compared with the five-year average of 12.84. The fair price of Westlake Chemical Partners LP (WLKP) is between 30.53 to 34.42 according to relative valuation method. Compared to the current price of 22.19 USD, Westlake Chemical Partners LP is Undervalued By 27.32%.

What is Westlake Chemical Partners LP (WLKP) fair value?

WLKP's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. The fair price of Westlake Chemical Partners LP (WLKP) is between 30.53 to 34.42 according to relative valuation method.

How does WLKP's valuation metrics compare to the industry average?

The average P/S ratio for WLKP's competitors is 0.75, providing a benchmark for relative valuation. Westlake Chemical Partners LP Corp (WLKP) exhibits a P/S ratio of 0.53, which is -29.45% above the industry average. Given its robust revenue growth of 11.37%, this premium appears unsustainable.

What is the current P/B ratio for Westlake Chemical Partners LP (WLKP) as of Mar 03 2026?

As of Mar 03 2026, Westlake Chemical Partners LP (WLKP) has a P/B ratio of 1.33. This indicates that the market values WLKP at 1.33 times its book value.

What is the current FCF Yield for Westlake Chemical Partners LP (WLKP) as of Mar 03 2026?

As of Mar 03 2026, Westlake Chemical Partners LP (WLKP) has a FCF Yield of 31.31%. This means that for every dollar of Westlake Chemical Partners LP's market capitalization, the company generates 31.31 cents in free cash flow.

What is the current Forward P/E ratio for Westlake Chemical Partners LP (WLKP) as of Mar 03 2026?

As of Mar 03 2026, Westlake Chemical Partners LP (WLKP) has a Forward P/E ratio of 12.02. This means the market is willing to pay $12.02 for every dollar of Westlake Chemical Partners LP's expected earnings over the next 12 months.

What is the current Forward P/S ratio for Westlake Chemical Partners LP (WLKP) as of Mar 03 2026?

As of Mar 03 2026, Westlake Chemical Partners LP (WLKP) has a Forward P/S ratio of 0.53. This means the market is valuing WLKP at $0.53 for every dollar of expected revenue over the next 12 months.

WLKP Valuation