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Air Products and Chemicals (APD, Industrial Gases) Stock Valuation & Fair Value Mixed on our tests

Air Products and Chemicals (APD, Industrial Gases) trades at a blended P/E of 20.6, about 2% above its historical normal valuation, with a forward growth estimate of 11.7% and a PEG of 1.76. Analysts' one-year estimates have been hit 73% of the time. Priced at its historical normal P/E of 20.2 on the same blended earnings, the 2026-10-02 close of $277.57 corresponds to about $272 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-10-05
Blended P/E
20.6
Normal P/E
20.2
PEG
1.76
Fwd growth
11.7%
Div yield
2.6%
RSI (14)
40.8
Neutral
Technical context
  • Price $278.38 at the 2026-10-08 close, 1.0% below the 20-day average ($281.26) and 4.9% below the 50-day ($292.85).
  • RSI (14) at 40.8.
  • 52-week range $224.78 to $312.15: the price is 10.8% below the high and 23.8% above the low.

The Street vs SeerForecast

Wall Street's mean price target for APD is $345.11 across 19 analysts, 24.0% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from weak on forward returns (2026-06-03) to mixed on our tests (2026-10-05).

Blended P/E and rating by weekBlended P/E moved from 22.1 to 20.6 between 2026-06-03 and 2026-10-02, against a normal P/E of 20.2, with 1 rating change over 37 recorded weeks.2026-06-03: P/E 22.1, Weak on forward returns, recalculated for the week of 2026-06-032026-06-10: P/E 22.0, Weak on forward returns, recalculated for the week of 2026-06-102026-06-12: P/E 22.0, Weak on forward returns, recalculated for the week of 2026-06-142026-06-16: P/E 22.0, Weak on forward returns, recalculated for the week of 2026-06-162026-06-18: P/E 22.0, Weak on forward returns, recalculated for the week of 2026-06-212026-07-02: P/E 23.7, Weak on forward returns, recalculated for the week of 2026-07-022026-07-06: P/E 24.3, Trading above its usual valuation, recalculated for the week of 2026-07-062026-07-09: P/E 24.3, Trading above its usual valuation, recalculated for the week of 2026-07-092026-07-10: P/E 23.1, Weak on forward returns, recalculated for the week of 2026-07-122026-07-13: P/E 23.1, Weak on forward returns, recalculated for the week of 2026-07-132026-07-14: P/E 23.1, Weak on forward returns, recalculated for the week of 2026-07-142026-07-20: P/E 22.8, Weak on forward returns, recalculated for the week of 2026-07-202026-07-22: P/E 22.8, Weak on forward returns, recalculated for the week of 2026-07-222026-07-24: P/E 22.9, Weak on forward returns, recalculated for the week of 2026-07-252026-07-27: P/E 22.9, Weak on forward returns, recalculated for the week of 2026-07-272026-07-31: P/E 22.7, Weak on forward returns, recalculated for the week of 2026-07-312026-07-31: P/E 22.3, Weak on forward returns, recorded live 2026-08-032026-08-07: P/E 22.7, Weak on forward returns, recalculated for the week of 2026-08-072026-08-07: P/E 22.9, Weak on forward returns, recorded live 2026-08-102026-08-14: P/E 23.1, Weak on forward returns, recalculated for the week of 2026-08-142026-08-14: P/E 23.3, Weak on forward returns, recorded live 2026-08-172026-08-21: P/E 22.6, Weak on forward returns, recalculated for the week of 2026-08-212026-08-21: P/E 23.0, Weak on forward returns, recorded live 2026-08-242026-08-27: P/E 23.0, Weak on forward returns, recalculated for the week of 2026-08-272026-08-28: P/E 22.9, Weak on forward returns, recalculated for the week of 2026-08-282026-08-28: P/E 23.1, Weak on forward returns, recalculated for the week of 2026-08-302026-08-28: P/E 23.1, Weak on forward returns, recorded live 2026-08-312026-09-04: P/E 22.6, Weak on forward returns, recalculated for the week of 2026-09-052026-09-04: P/E 22.6, Weak on forward returns, recorded live 2026-09-072026-09-11: P/E 21.8, Weak on forward returns, recalculated for the week of 2026-09-122026-09-11: P/E 21.8, Weak on forward returns, recorded live 2026-09-142026-09-18: P/E 21.2, Weak on forward returns, recalculated for the week of 2026-09-192026-09-18: P/E 21.2, Weak on forward returns, recorded live 2026-09-212026-09-25: P/E 21.0, Weak on forward returns, recalculated for the week of 2026-09-262026-09-25: P/E 21.0, Weak on forward returns, recorded live 2026-09-282026-10-02: P/E 20.6, Mixed on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 20.6, Mixed on our tests, recorded live 2026-10-0522.024.0Jun 3Jul 3Aug 2Sep 2Oct 2Normal P/E 20.2
Mixed on our testsWeak on forward returnsTrading above its usual valuation

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 22.1+9%Weak on forward returns (recalculated)
2026-07-06P/E 24.3+20%Trading above its usual valuation (recalculated)
2026-10-03P/E 20.6+2%Mixed on our tests (recalculated)
2026-10-05P/E 20.6+2%Mixed on our tests ← now
Show all 37 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 22.1+9%Weak on forward returns (recalculated)
2026-06-10P/E 22.0+9%Weak on forward returns (recalculated)
2026-06-14P/E 22.0+9%Weak on forward returns (recalculated)
2026-06-16P/E 22.0+9%Weak on forward returns (recalculated)
2026-06-21P/E 22.0+9%Weak on forward returns (recalculated)
2026-07-02P/E 23.7+17%Weak on forward returns (recalculated)
2026-07-06P/E 24.3+20%Trading above its usual valuation (recalculated)
2026-07-09P/E 24.3+20%Trading above its usual valuation (recalculated)
2026-07-12P/E 23.1+14%Weak on forward returns (recalculated)
2026-07-13P/E 23.1+14%Weak on forward returns (recalculated)
2026-07-14P/E 23.1+14%Weak on forward returns (recalculated)
2026-07-20P/E 22.8+12%Weak on forward returns (recalculated)
2026-07-22P/E 22.8+12%Weak on forward returns (recalculated)
2026-07-25P/E 22.9+13%Weak on forward returns (recalculated)
2026-07-27P/E 22.9+13%Weak on forward returns (recalculated)
2026-07-31P/E 22.7+12%Weak on forward returns (recalculated)
2026-08-03P/E 22.3+10%Weak on forward returns
2026-08-07P/E 22.7+12%Weak on forward returns (recalculated)
2026-08-10P/E 22.9+13%Weak on forward returns
2026-08-14P/E 23.1+14%Weak on forward returns (recalculated)
2026-08-17P/E 23.3+15%Weak on forward returns
2026-08-21P/E 22.6+12%Weak on forward returns (recalculated)
2026-08-24P/E 23.0+13%Weak on forward returns
2026-08-27P/E 23.0+13%Weak on forward returns (recalculated)
2026-08-28P/E 22.9+13%Weak on forward returns (recalculated)
2026-08-30P/E 23.1+14%Weak on forward returns (recalculated)
2026-08-31P/E 23.1+14%Weak on forward returns
2026-09-05P/E 22.6+12%Weak on forward returns (recalculated)
2026-09-07P/E 22.6+12%Weak on forward returns
2026-09-12P/E 21.8+8%Weak on forward returns (recalculated)
2026-09-14P/E 21.8+8%Weak on forward returns
2026-09-19P/E 21.2+5%Weak on forward returns (recalculated)
2026-09-21P/E 21.2+5%Weak on forward returns
2026-09-26P/E 21.0+4%Weak on forward returns (recalculated)
2026-09-28P/E 21.0+4%Weak on forward returns
2026-10-03P/E 20.6+2%Mixed on our tests (recalculated)
2026-10-05P/E 20.6+2%Mixed on our tests ← now

Frequently asked questions

Is Air Products and Chemicals stock overvalued?

At a blended P/E of 20.6 versus its historical normal P/E of 20.2, Air Products and Chemicals trades about 2% above its typical valuation, with a PEG of 1.76 on 11.7% forward growth. tickerseer currently rates it mixed on our tests.

What is Air Products and Chemicals's fair value and PEG?

Air Products and Chemicals trades at a blended P/E of 20.6 against a historical normal P/E of 20.2, a PEG of 1.76, and a forward growth estimate of 11.7%. Priced at its historical normal P/E of 20.2 on the same blended earnings, the 2026-10-02 close of $277.57 corresponds to about $272 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Air Products and Chemicals changed?

tickerseer's rating moved from weak on forward returns (2026-06-03) to mixed on our tests (2026-10-05).

What is the analyst price target for Air Products and Chemicals?

The mean Wall Street price target for Air Products and Chemicals is $345.11 across 19 analysts, 24.0% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Industrial Gases. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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