As at Apr 19, 2024, the LOW stock has a PE ratio of 17.4. This is based on the current EPS of $13.23 and the stock price of $230.24 per share. A decrease of 5% has been seen in the P/E ratio compared to the average of 18.3 of the last 4 quarters.
The mean historical PE ratio of Lowes Companies over the last ten years is 22.41. The current 17.4 PE ratio is 22% below the historical average. Over the past ten years, LOW's PE ratio was at its highest in the May 2019 quarter at 38.09, with a price of $112.36 and an EPS of $2.95. The Nov 2023 quarter recorded the bottom point at 14.94, with a price of $194.94 and an EPS of $13.05.
Maximum annual increase: 37.75% in 2019
Maximum annual decrease: -38.08% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 16.59 | -21.63% |
| 2023 | 21.17 | 8.73% |
| 2022 | 19.47 | -9.32% |
| 2021 | 21.47 | 1.42% |
| 2020 | 21.17 | -38.08% |
| 2019 | 34.19 | 37.75% |
| 2018 | 24.82 | 17.85% |
| 2017 | 21.06 | -19.77% |
| 2016 | 26.25 | 5% |
| 2015 | 25 | 15.58% |
LOW's current P/E ratio is below the 3, 5 and 10-year averages.
Compared to its peer HD, LOW's PE ratio stands lower, however it is higher than BLDR's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BLDR Builders FirstSource Inc | 14.68 | $21.59B |
| LOW Lowes Companies Inc | 17.4 | $131.74B |
| HD Home Depot Inc | 22.12 | $332.35B |
| LL Lumber Liquidators Holdings Inc | N/A | $46.88M |
LOW stock has a price to earnings ratio of 17.4 as of Apr 19, 2024.
The average PE ratio for LOW stock over the past 3 years is 18.78.
The average PE ratio for LOW stock over the past 5 years is 21.3.
Over the last ten years, the quarterly PE ratio reached a historic high of 38.09 in the May 2019 quarter.
LOW's current price to earnings ratio is 22% below its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Apr 19, 2024), Lowes Companies's stock price is $230.24. The earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $13.23. Therefore, Lowes Companies's P/E ratio for today is 17.4. PE RATIO(17.4) = STOCK PRICE($230.24) / TTM EPS($13.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.