The current price-to-earnings ratio for Home Depot stock as of Sep 28, 2023 is 18.9. This is calculated based on the current EPS of $16.06 and the stock price of $303.49 per share. The current PE ratio is nearly the same as the last four quarters average.
The average historical PE ratio of Home Depot for the last ten years is 21.72. The current price-to-earnings ratio of 18.9 is 13% less than the historical average. In the past ten years, HD's PE ratio reached its highest point in the Jan 2018 quarter at 28.27, when the stock price was $207.23 and the EPS was $7.33. The lowest point was recorded in the Oct 2022 quarter, when it reached 17.93 with a price of $298.65 and an EPS of $16.66.
Maximum annual increase: 32.23% in 2018
Maximum annual decrease: -33.32% in 2019
Year | PE ratio | Change |
---|---|---|
2023 | 18.92 | -19.52% |
2022 | 23.51 | 3.98% |
2021 | 22.61 | 1.98% |
2020 | 22.17 | 17.61% |
2019 | 18.85 | -33.32% |
2018 | 28.27 | 32.23% |
2017 | 21.38 | -6.68% |
2016 | 22.91 | 3.99% |
2015 | 22.03 | 8.36% |
2014 | 20.33 | -8.46% |
HD's current P/E ratio is lower than the 3, 5 and 10-year averages.
When compared to its peer LOW, HD's PE ratio is lower, but it is higher than BLDR's.
Stock name | PE ratio | Market cap |
---|---|---|
BLDR Builders FirstSource Inc | 9.47 | $15.68B |
HD Home Depot Inc | 18.75 | $301.11B |
LOW Lowes Companies Inc | 20.32 | $119.95B |
LL Lumber Liquidators Holdings Inc | N/A | $96.48M |
The price to earnings ratio for HD stock as of Sep 28, 2023, stands at 18.9.
The average PE ratio for HD stock over the past 3 years is 21.12.
The average PE ratio for HD stock over the past 5 years is 21.18.
The highest quarterly PE ratio in the last ten years has been 28.27 and it was in the Jan 2018 quarter.
The current price to earnings ratio of HD is 13% lower than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Sep 28, 2023), Home Depot's stock price is $303.49. The earnings per share for the trailing twelve months (TTM) ending Jul 2023 is $16.06. Therefore, Home Depot's price to earnings ratio for today is 18.9. PE RATIO(18.9) = STOCK PRICE($303.49) / TTM EPS($16.06)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.