The PE ratio for Dolby Laboratories stock stands at 29.29 as of Nov 21, 2024. This takes into account the latest EPS of $2.74 and stock price of $80.25. A decrease of 21% has been observed in the PE ratio compared to its average of 37.3 of the last four quarters.
Over the last ten years, the average PE ratio of Dolby Laboratories has been 38.25. The current 29.29 P/E ratio is 23% lower 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 |
---|---|---|
2024 | 27.59 | -26.89% |
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% |
The current PE ratio of DLB is lower than its 3, 5 and 10-year averages.
DLB's PE ratio stands lower than its peer stocks BMI and IMAX.
Stock name | PE ratio | Market cap |
---|---|---|
DLB Dolby Laboratories Inc | 29.63 | $7.75B |
SSTK Shutterstock Inc | 29.82 | $1.06B |
BMI Badger Meter Inc | 54.51 | $6.49B |
IMAX Imax Corp | 57.25 | $1.33B |
FARO Faro Technologies Inc | N/A | $505.47M |
As of Nov 21, 2024, DLB stock has a price to earnings ratio of 29.29.
Over the last 3 years, the average price to earnings ratio for DLB stock is 36.73.
Over the last 5 years, the average price to earnings ratio for DLB stock is 34.04.
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 23% below 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 (Nov 21, 2024), Dolby Laboratories's share price is $80.25. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.74. Therefore, Dolby Laboratories's PE ratio for today is 29.29. PE RATIO(29.29) = STOCK PRICE($80.25) / TTM EPS($2.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.