The current price-to-earnings ratio for Home Depot stock as of Apr 26, 2024 is 22.1. This is calculated based on the current EPS of $15.16 and the stock price of $335.09 per share. The PE ratio has increased by 10% from the past four quarters average of 20.0.
The average historical PE ratio of Home Depot for the last ten years is 21.73. The current price-to-earnings ratio of 22.1 is in line with 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 2023 quarter, when it reached 17.68 with a price of $276.46 and an EPS of $15.64.
Maximum annual increase: 32.23% in 2018
Maximum annual decrease: -33.32% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 23.44 | 23.89% |
| 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% |
HD's current P/E ratio is above the 3, 5 and 10-year averages.
When compared to its peer stocks LOW and BLDR, HD's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BLDR Builders FirstSource Inc | 15.56 | $22.88B |
| LOW Lowes Companies Inc | 17.37 | $131.53B |
| HD Home Depot Inc | 22.1 | $332.08B |
| LL Lumber Liquidators Holdings Inc | N/A | $46.26M |
The price to earnings ratio for HD stock as of Apr 26, 2024, stands at 22.1.
The average PE ratio for HD stock over the past 3 years is 20.75.
The average PE ratio for HD stock over the past 5 years is 21.36.
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 1.7% higher 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 (Apr 26, 2024), Home Depot's stock price is $335.09. The earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $15.16. Therefore, Home Depot's price to earnings ratio for today is 22.1. PE RATIO(22.1) = STOCK PRICE($335.09) / TTM EPS($15.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.