The P/E ratio for Best Buy stock stands at 15.27 as of Jul 25, 2024. The calculation is based on the latest EPS of $5.72 and the stock price of $87.35 per share. An increase of 18% has been observed in the PE ratio compared to its average of 12.9 of the past four quarters.
Over the last ten years, the average PE ratio of Best Buy has been 13.32. The current 15.27 price-to-earnings ratio is 15% 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.
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% |
The current PE ratio of BBY is above its 3, 5 and 10-year averages.
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 | 15.27 | $18.84B |
| AAPL Apple Inc | 33.74 | $3.34T |
| AMZN Amazon Com Inc | 50.14 | $1.9T |
| GME GameStop Corp | 344.71 | $8.47B |
| CONN Conns Inc | N/A | $8.34M |
| AAN Aaron's Company Inc | N/A | $305.03M |
| VOXX VOXX International Corp | N/A | $62.94M |
BBY stock has a price to earnings ratio of 15.27 as of Jul 25, 2024.
As an average over the last 3 years, BBY stock has a PE ratio of 11.75.
As an average over the last 5 years, BBY stock has a PE ratio of 12.8.
The highest quarterly PE ratio in the last ten years has been 21.97 and it was in the May 2018 quarter.
BBY's current price to earnings ratio is 15% above its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Best Buy's share price is $87.35. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $5.72. Therefore, Best Buy's price to earnings ratio for today is 15.27. PE RATIO(15.27) = STOCK PRICE($87.35) / TTM EPS($5.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.