The PE ratio for Dolby Laboratories stock stands at 39.38 as of Jul 26, 2024. This takes into account the latest EPS of $1.99 and stock price of $78.37. The PE ratio at present is nearly equal to the average from the previous 4 quarters.
Over the last ten years, the average PE ratio of Dolby Laboratories has been 38.13. The current 39.38 P/E ratio is 3.3% 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 stocks BMI and IMAX, but it is higher than SSTK's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SSTK Shutterstock Inc | 16.39 | $1.53B |
| DLB Dolby Laboratories Inc | 39.38 | $7.51B |
| IMAX Imax Corp | 41.85 | $1.06B |
| BMI Badger Meter Inc | 53.58 | $6.07B |
| FARO Faro Technologies Inc | N/A | $330.73M |
As of Jul 26, 2024, DLB stock has a price to earnings ratio of 39.38.
Over the last 3 years, the average price to earnings ratio for DLB stock is 37.05.
Over the last 5 years, the average price to earnings ratio for DLB stock is 33.84.
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 3.3% 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 (Jul 26, 2024), Dolby Laboratories's share price is $78.37. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.99. Therefore, Dolby Laboratories's PE ratio for today is 39.38. PE RATIO(39.38) = STOCK PRICE($78.37) / TTM EPS($1.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.