WMT Walmart PE ratio, current and historical analysis
As of Oct 29, 2024, the Walmart stock's PE ratio is 42.34. This takes into account the latest EPS of $1.93 and stock price of $81.72. The PE ratio marks an increase of 45% from its last 4 quarters average of 29.1.
WMT PE ratio history
The PE ratio of Walmart has averaged 27.33 over the last ten years. The current P/E ratio of 42.34 is 55% higher than the historical average. Looking back at the last ten years, WMT's PE ratio peaked in the Oct 2018 quarter at 57.63, when the price was $33.43 and the EPS was $0.58. The lowest point was in the Oct 2015 quarter, when it reached 12.23 with a price of $19.08 and an EPS of $1.56.
Walmart PE ratio by year
Maximum annual increase: 113.48% in 2018
Maximum annual decrease: -47.82% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 28.69 | -14.46% |
| 2023 | 33.54 | 17.31% |
| 2022 | 28.59 | -2.92% |
| 2021 | 29.45 | 34.29% |
| 2020 | 21.93 | -47.82% |
| 2019 | 42.03 | 30.12% |
| 2018 | 32.3 | 113.48% |
| 2017 | 15.13 | 4.63% |
| 2016 | 14.46 | -13.72% |
| 2015 | 16.76 | 9.76% |
WMT average PE ratio chart
WMT's current PE ratio is higher than the 3, 5 and 10-year averages.
WMT PE vs peers
In comparison to its peers AMZN and COST, WMT's PE ratio is lower, but it is higher than TGT's and EBAY's. Walmart's PE ratio is trading above the peer average of 23.85.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KSS KOHLS Corp | 7.25 | $2.08B |
| EBAY Ebay Inc | 12.13 | $30.6B |
| DG Dollar General Corp | 12.33 | $17.46B |
| TGT Target Corp | 15.26 | $68.28B |
| PSMT Pricesmart Inc | 21.68 | $2.74B |
| M Macy's Inc | 23.39 | $4.28B |
| WMT Walmart Inc | 42.31 | $656.4B |
| AMZN Amazon Com Inc | 45.45 | $2.04T |
| COST Costco Wholesale Corp | 53.25 | $391.38B |
| DLTR Dollar Tree Inc | N/A | $13.68B |
Frequently asked questions
What is Walmart's PE ratio?
WMT stock has a price to earnings ratio of 42.34 as of Oct 29, 2024.
What is the 3-year average PE ratio for Walmart (WMT)?
The 3-year average price to earnings ratio for WMT stock is 33.36.
What is the 5-year average PE ratio for Walmart (WMT)?
The 5-year average price to earnings ratio for WMT stock is 30.53.
What is the highest PE ratio for WMT?
Over the last ten years, the Oct 2018 quarter recorded the highest quarterly PE ratio at 57.63.
How does the current PE ratio for WMT compare to its historical average?
WMT's price to earnings ratio is currently 55% above its 10-year historical average.
How is WMT's PE ratio calculated (Walmart PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Oct 29, 2024), Walmart's share price is $81.72. The company's earnings per share for the trailing twelve months (TTM) ending Jul 2024 is $1.93. Therefore, Walmart's PE ratio for today is 42.34. PE RATIO(42.34) = STOCK PRICE($81.72) / TTM EPS($1.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.