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HD Home Depot PE ratio, current and historical analysis

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.

HD PE ratio history

How has HD's PE ratio performed in the past

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.

Average
21.72
Median
22.06
Minimum
17.93
Maximum
28.27

Home Depot PE ratio by year

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 average PE ratio chart

What is the average PE ratio of HD for the past years

HD's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
21.12
5-year avg
21.18
10-year avg
21.72
15-year avg
20.62

HD PE vs peers

What is HD's PE ratio compared to its peers

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

Frequently asked questions

What is Home Depot's PE ratio?

The price to earnings ratio for HD stock as of Sep 28, 2023, stands at 18.9.

What is the 3-year average PE ratio for Home Depot (HD)?

The average PE ratio for HD stock over the past 3 years is 21.12.

What is the 5-year average PE ratio for Home Depot (HD)?

The average PE ratio for HD stock over the past 5 years is 21.18.

What is the highest PE ratio for HD?

The highest quarterly PE ratio in the last ten years has been 28.27 and it was in the Jan 2018 quarter.

How does the current PE ratio for HD compare to its historical average?

The current price to earnings ratio of HD is 13% lower than the 10-year historical average.

How is HD's PE ratio calculated (Home Depot PE ratio formula)?

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.