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BBY Best Buy PE ratio, current and historical analysis

The P/E ratio for Best Buy stock stands at 13.17 as of Feb 23, 2024. The calculation is based on the latest EPS of $5.79 and the stock price of $76.28 per share. An increase of 2.3% has been observed in the PE ratio compared to its average of 12.9 of the past four quarters.

BBY PE ratio history

How has BBY's PE ratio performed in the past

Over the last ten years, the average PE ratio of Best Buy has been 13.2. The current 13.17 price-to-earnings ratio is in line with 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 May 2014 quarter saw the lowest point at 8.35, with a price of $26.15 and an EPS of $3.13.

Average
13.2
Median
12.59
Minimum
8.35
Maximum
21.97

Best Buy PE ratio by year

Maximum annual increase: 89.96% in 2018

Maximum annual decrease: -48.43% in 2019

Year PE ratio Change
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%
2014 15.09 N/A

BBY average PE ratio chart

What is the average PE ratio of BBY for the past years

The current PE ratio of BBY is above its 3 and 5-year averages, but it is under its 10-year average.

3-year avg
11.64
5-year avg
12.8
10-year avg
13.2
15-year avg
13.04

BBY PE vs peers

What is BBY's PE ratio compared to its 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 13.27 $16.55B
AAPL Apple Inc 28.07 $2.8T
AAN Aaron's Company Inc 34 $319.67M
AMZN Amazon Com Inc 59.27 $1.82T
CONN Conns Inc N/A $101.39M
GME GameStop Corp N/A $4.15B
VOXX VOXX International Corp N/A $193.66M

Frequently asked questions

What is Best Buy's PE ratio?

BBY stock has a price to earnings ratio of 13.17 as of Feb 23, 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 11.64.

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 12.8.

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 0.2% below 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 (Feb 23, 2024), Best Buy's share price is $76.28. The company's earnings per share for the trailing twelve months (TTM) ending Oct 2023 is $5.79. Therefore, Best Buy's price to earnings ratio for today is 13.17. PE RATIO(13.17) = STOCK PRICE($76.28) / TTM EPS($5.79)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.