BBY Best Buy PE ratio, current and historical analysis
The P/E ratio for Best Buy stock stands at 14.86 as of Nov 21, 2024. The calculation is based on the latest EPS of $5.82 and the stock price of $86.51 per share. An increase of 15% has been observed in the PE ratio compared to its average of 12.9 of the past four quarters.
BBY PE ratio history
Over the last ten years, the average PE ratio of Best Buy has been 13.45. The current 14.86 price-to-earnings ratio is 10% more than the historical average. Analyzing the last ten years, BBY's PE ratio reached its highest point in the May 2018 quarter at 21.97, with a price of $76.22 and an EPS of $3.47. The Jan 2022 quarter saw the lowest point at 9.82, with a price of $97.64 and an EPS of $9.94.
Best Buy PE ratio by year
Maximum annual increase: 89.96% in 2018
Maximum annual decrease: -48.43% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 13.28 | -1.63% |
| 2023 | 13.5 | 37.47% |
| 2022 | 9.82 | -37.45% |
| 2021 | 15.7 | 7.9% |
| 2020 | 14.55 | 31.91% |
| 2019 | 11.03 | -48.43% |
| 2018 | 21.39 | 89.96% |
| 2017 | 11.26 | 4.45% |
| 2016 | 10.78 | 8.12% |
| 2015 | 9.97 | -33.93% |
BBY average PE ratio chart
The current PE ratio of BBY is above its 3, 5 and 10-year averages.
BBY PE vs peers
When compared to its peer stocks AAPL and AMZN, BBY's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BBY Best Buy Co Inc | 14.86 | $18.58B |
| AAPL Apple Inc | 37.4 | $3.45T |
| AMZN Amazon Com Inc | 41.59 | $2.09T |
| GME GameStop Corp | 231.83 | $11.87B |
| VOXX VOXX International Corp | N/A | $174.19M |
Frequently asked questions
What is Best Buy's PE ratio?
BBY stock has a price to earnings ratio of 14.86 as of Nov 21, 2024.
What is the 3-year average PE ratio for Best Buy (BBY)?
As an average over the last 3 years, BBY stock has a PE ratio of 12.01.
What is the 5-year average PE ratio for Best Buy (BBY)?
As an average over the last 5 years, BBY stock has a PE ratio of 12.89.
What is the highest PE ratio for BBY?
The highest quarterly PE ratio in the last ten years has been 21.97 and it was in the May 2018 quarter.
How does the current PE ratio for BBY compare to its historical average?
BBY's current price to earnings ratio is 10% above its 10-year historical average.
How is BBY's PE ratio calculated (Best Buy PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Best Buy's share price is $86.51. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $5.82. Therefore, Best Buy's price to earnings ratio for today is 14.86. PE RATIO(14.86) = STOCK PRICE($86.51) / TTM EPS($5.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.