LOW Lowes Companies PE ratio, current and historical analysis
As at Nov 21, 2024, the LOW stock has a PE ratio of 21.9. This is based on the current EPS of $12.11 and the stock price of $265.22 per share. An increase of 25% has been seen in the P/E ratio compared to the average of 17.5 of the last 4 quarters.
LOW PE ratio history
The mean historical PE ratio of Lowes Companies over the last ten years is 22.35. The current 21.9 PE ratio is 2% 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.
Lowes Companies PE ratio by year
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 average PE ratio chart
LOW's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
LOW PE vs peers
Compared to its peers HD and FAST, LOW's PE ratio stands lower, however it is higher than BLDR's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BLDR Builders FirstSource Inc | 17.03 | $20.24B |
| LOW Lowes Companies Inc | 21.9 | $150.46B |
| HD Home Depot Inc | 27.79 | $407.73B |
| FAST Fastenal Co | 40.98 | $47.18B |
| SWK Stanley Black & Decker Inc | N/A | $13.52B |
Frequently asked questions
What is Lowes Companies's PE ratio?
LOW stock has a price to earnings ratio of 21.9 as of Nov 21, 2024.
What is the 3-year average PE ratio for Lowes Companies (LOW)?
The average PE ratio for LOW stock over the past 3 years is 18.42.
What is the 5-year average PE ratio for Lowes Companies (LOW)?
The average PE ratio for LOW stock over the past 5 years is 19.26.
What is the highest PE ratio for LOW?
Over the last ten years, the quarterly PE ratio reached a historic high of 38.09 in the May 2019 quarter.
How does the current PE ratio for LOW compare to its historical average?
LOW's current price to earnings ratio is 2% below its 10-year historical average.
How is LOW's PE ratio calculated (Lowes Companies PE ratio formula)?
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 (Nov 21, 2024), Lowes Companies's stock price is $265.22. The earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $12.11. Therefore, Lowes Companies's P/E ratio for today is 21.9. PE RATIO(21.9) = STOCK PRICE($265.22) / TTM EPS($12.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.