The PE ratio for Dolby Laboratories stock stands at 40.2 as of Apr 26, 2024. This takes into account the latest EPS of $1.97 and stock price of $79.2. An increase of 6% has been observed in the PE ratio compared to its average of 38.0 of the last four quarters.
Over the last ten years, the average PE ratio of Dolby Laboratories has been 37.59. The current 40.2 P/E ratio is 7% higher than the historical average. Looking back at the last ten years, DLB's PE ratio peaked in the Sep 2018 quarter at 174.93, with a price of $69.97 and an EPS of $0.4. The Sep 2015 quarter marked the lowest point at 17.74, with a price of $31.4 and an EPS of $1.77.
Maximum annual increase: 517.47% in 2018
Maximum annual decrease: -85.47% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 37.74 | 6.58% |
| 2022 | 35.41 | 17.56% |
| 2021 | 30.12 | 6.58% |
| 2020 | 28.26 | 11.22% |
| 2019 | 25.41 | -85.47% |
| 2018 | 174.93 | 517.47% |
| 2017 | 28.33 | -3.48% |
| 2016 | 29.35 | 65.45% |
| 2015 | 17.74 | -13.17% |
| 2014 | 20.43 | 10.49% |
The current PE ratio of DLB is higher than its 3, 5 and 10-year averages.
DLB's PE ratio stands lower than its peer stock BMI, but it is higher than SSTK's and IMAX's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SSTK Shutterstock Inc | 13.8 | $1.51B |
| IMAX Imax Corp | 35.73 | $902.47M |
| DLB Dolby Laboratories Inc | 40.2 | $7.57B |
| BMI Badger Meter Inc | 53.16 | $5.45B |
| FARO Faro Technologies Inc | N/A | $358.9M |
As of Apr 26, 2024, DLB stock has a price to earnings ratio of 40.2.
Over the last 3 years, the average price to earnings ratio for DLB stock is 36.36.
Over the last 5 years, the average price to earnings ratio for DLB stock is 33.08.
Over the last ten years, the quarterly PE ratio reached its highest level at 174.93 in the Sep 2018 quarter.
DLB's price to earnings ratio is currently 7% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Dolby Laboratories's share price is $79.2. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.97. Therefore, Dolby Laboratories's PE ratio for today is 40.2. PE RATIO(40.2) = STOCK PRICE($79.2) / TTM EPS($1.97)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.