Stock Analysis on Net
Stock Analysis on Net

Amazon.com Inc. (NASDAQ:AMZN)

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Beginner level

Historical Valuation Ratios (Summary)

Amazon.com Inc., historical price multiples (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Price to earnings (P/E) 87.67 120.27 107.96 86.29 76.96 79.46 80.00 79.30 90.24 141.25 193.77 228.24 275.45 254.95 171.23 166.53 175.32 186.29 266.91 463.73
Price to operating profit (P/OP) 76.53 93.97 80.81 68.77 60.44 64.01 64.39 64.31 74.65 120.05 151.77 168.59 163.99 141.50 107.31 94.32 91.33 92.95 102.07 123.77
Price to sales (P/S) 4.38 4.93 3.85 3.56 3.29 3.81 3.98 3.43 3.64 4.26 3.95 3.89 3.29 3.26 3.10 2.90 2.88 2.98 2.74 2.58
Price to book value (P/BV) 18.40 21.50 17.47 16.11 15.45 18.11 19.84 18.34 20.53 25.33 24.25 24.98 21.52 21.11 20.40 20.47 20.74 21.75 21.09 20.65 22.59 21.04 19.06

Based on: 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-26), 10-K (filing date: 2019-02-01), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-02), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-07-28), 10-Q (filing date: 2017-04-28), 10-K (filing date: 2017-02-10), 10-Q (filing date: 2016-10-28), 10-Q (filing date: 2016-07-29), 10-Q (filing date: 2016-04-29), 10-K (filing date: 2016-01-29), 10-Q (filing date: 2015-10-23), 10-Q (filing date: 2015-07-24), 10-Q (filing date: 2015-04-24).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Amazon.com Inc.’s P/E ratio increased from Q1 2020 to Q2 2020 but then decreased significantly from Q2 2020 to Q3 2020.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Amazon.com Inc.’s P/OP ratio increased from Q1 2020 to Q2 2020 but then decreased significantly from Q2 2020 to Q3 2020.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Amazon.com Inc.’s P/S ratio increased from Q1 2020 to Q2 2020 but then slightly decreased from Q2 2020 to Q3 2020 not reaching Q1 2020 level.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company’s required rate of return and its actual rate of return. Amazon.com Inc.’s P/BV ratio increased from Q1 2020 to Q2 2020 but then slightly decreased from Q2 2020 to Q3 2020 not reaching Q1 2020 level.

Price to Earnings (P/E)

Amazon.com Inc., historical P/E calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 501,751,183 500,889,651 498,776,032 497,810,444 495,797,220 494,656,015 492,331,776 491,202,890 488,968,628 487,741,189 485,226,904 484,107,183 481,872,175 480,379,517 477,975,499 477,170,618 475,166,527 474,073,542 471,827,960 470,842,035 468,762,005 467,710,218 465,680,957
Selected Financial Data (US$)
Net income (loss) (in millions) 6,331  5,243  2,535  3,268  2,134  2,625  3,561  3,027  2,883  2,534  1,629  1,856  256  197  724  749  252  857  513  482  79  92  (57)
Earnings per share (EPS)2 34.63 26.31 21.18 23.28 22.89 24.45 24.38 20.51 18.21 12.87 8.12 6.27 4.00 4.00 5.40 4.97 4.43 4.07 2.47 1.27 0.00 0.00 0.00
Share price1, 3 3,036.15 3,164.68 2,286.04 2,008.72 1,761.33 1,943.05 1,950.63 1,626.23 1,642.81 1,817.27 1,572.62 1,429.95 1,100.95 1,020.04 924.99 827.46 776.32 758.81 659.59 587.00 599.03 529.42 445.10
Valuation Ratio
P/E ratio4 87.67 120.27 107.96 86.29 76.96 79.46 80.00 79.30 90.24 141.25 193.77 228.24 275.45 254.95 171.23 166.53 175.32 186.29 266.91 463.73
Benchmarks
P/E Ratio, Competitors5
Costco Wholesale Corp. 36.98 32.71 34.68 35.76 30.65 30.15 26.63 30.51 29.51 27.50 29.57 25.70 31.20 30.52 29.18 27.99 28.58 29.10 29.37 27.57
Dollar General Corp. 23.78 24.63 20.38 19.18 15.05 16.15 14.41 15.73 20.43 16.20 17.35 15.28 16.73 17.30 20.69 20.63 17.32 19.41 20.32 21.58
Home Depot Inc. 21.68 21.33 18.61 18.87 18.09 23.25 23.90 23.51 23.49 21.04 22.66 22.37 20.76 22.62 22.94 23.32 24.49 21.18 22.26 23.15
Lowe’s Cos. Inc. 30.02 33.94 30.97 37.80 19.79 22.59 20.76 20.26 20.14 20.58 23.64 22.62 25.20 24.06 25.75 26.67 23.39 22.12 23.82 26.24
Target Corp. 19.66 17.35 13.68 13.56 11.50 14.71 12.87 12.97 11.87 11.12 10.98 11.11 13.17 12.54 12.15 14.61
TJX Cos. Inc. 22.88 21.70 20.04 21.11 18.79 22.95 20.28 20.19 19.07 19.68 20.89 22.11 22.33 22.23 21.93 22.87 20.97 21.04 19.60 21.62
Walmart Inc. 23.34 25.40 36.14 41.79 55.00 54.35 28.14 26.62 25.20 18.32 17.64 16.02 15.02 15.00 15.30 14.72 12.38 13.48 14.60 15.91

Based on: 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-26), 10-K (filing date: 2019-02-01), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-02), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-07-28), 10-Q (filing date: 2017-04-28), 10-K (filing date: 2017-02-10), 10-Q (filing date: 2016-10-28), 10-Q (filing date: 2016-07-29), 10-Q (filing date: 2016-04-29), 10-K (filing date: 2016-01-29), 10-Q (filing date: 2015-10-23), 10-Q (filing date: 2015-07-24), 10-Q (filing date: 2015-04-24).

1 Data adjusted for splits and stock dividends.

2 Q3 2020 Calculation
EPS = (Net income (loss)Q3 2020 + Net income (loss)Q2 2020 + Net income (loss)Q1 2020 + Net income (loss)Q4 2019) ÷ No. shares of common stock outstanding
= (6,331,000,000 + 5,243,000,000 + 2,535,000,000 + 3,268,000,000) ÷ 501,751,183 = 34.63

3 Closing price as at the filing date of Amazon.com Inc.’s Quarterly or Annual Report.

4 Q3 2020 Calculation
P/E ratio = Share price ÷ EPS
= 3,036.15 ÷ 34.63 = 87.67

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Amazon.com Inc.’s P/E ratio increased from Q1 2020 to Q2 2020 but then decreased significantly from Q2 2020 to Q3 2020.

Price to Operating Profit (P/OP)

Amazon.com Inc., historical P/OP calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 501,751,183 500,889,651 498,776,032 497,810,444 495,797,220 494,656,015 492,331,776 491,202,890 488,968,628 487,741,189 485,226,904 484,107,183 481,872,175 480,379,517 477,975,499 477,170,618 475,166,527 474,073,542 471,827,960 470,842,035 468,762,005 467,710,218 465,680,957
Selected Financial Data (US$)
Operating income (in millions) 6,194  5,843  3,989  3,880  3,157  3,084  4,420  3,787  3,724  2,983  1,927  2,126  347  628  1,005  1,255  575  1,285  1,071  1,108  406  464  255 
Operating profit per share2 39.67 33.68 28.29 29.21 29.14 30.35 30.29 25.29 22.01 15.14 10.36 8.48 6.71 7.21 8.62 8.77 8.50 8.16 6.46 4.74 0.00 0.00 0.00
Share price1, 3 3,036.15 3,164.68 2,286.04 2,008.72 1,761.33 1,943.05 1,950.63 1,626.23 1,642.81 1,817.27 1,572.62 1,429.95 1,100.95 1,020.04 924.99 827.46 776.32 758.81 659.59 587.00 599.03 529.42 445.10
Valuation Ratio
P/OP ratio4 76.53 93.97 80.81 68.77 60.44 64.01 64.39 64.31 74.65 120.05 151.77 168.59 163.99 141.50 107.31 94.32 91.33 92.95 102.07 123.77
Benchmarks
P/OP Ratio, Competitors5
Costco Wholesale Corp. 27.61 25.16 26.72 27.62 23.41 22.29 19.39 21.34 19.81 18.56 19.47 16.75 20.57 19.45 18.77 17.91 18.37 18.67 19.15 18.09
Dollar General Corp. 17.79 18.49 15.34 14.41 13.02 13.51 11.56 12.05 12.28 9.72 10.43 9.26 10.17 10.51 12.53 12.39 10.46 11.74 12.26 13.00
Home Depot Inc. 15.22 15.18 13.28 13.51 12.45 15.12 14.65 13.82 14.00 12.57 13.51 13.26 12.23 13.24 13.54 13.88 14.84 12.97 13.50 14.03
Lowe’s Cos. Inc. 18.48 20.49 18.51 21.77 12.85 14.16 12.26 10.61 10.60 10.25 11.42 11.97 12.26 12.46 13.33 13.66 13.05 12.26 13.20 14.77
Target Corp. 13.94 12.44 9.80 9.69 8.99 10.87 9.16 8.83 6.98 6.57 6.33 6.12 7.61 7.36 7.18 8.88 9.11 9.34 10.95 11.20
TJX Cos. Inc. 16.79 15.73 14.53 15.31 13.99 16.65 14.11 13.54 11.86 11.90 12.60 13.20 13.36 13.63 13.47 14.06 12.92 12.95 12.02 13.28
Walmart Inc. 15.80 15.12 13.92 12.69 13.94 14.03 12.38 12.85 13.01 10.35 10.56 9.60 9.36 9.29 9.32 8.97 7.35 8.04 8.83 9.59

Based on: 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-26), 10-K (filing date: 2019-02-01), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-02), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-07-28), 10-Q (filing date: 2017-04-28), 10-K (filing date: 2017-02-10), 10-Q (filing date: 2016-10-28), 10-Q (filing date: 2016-07-29), 10-Q (filing date: 2016-04-29), 10-K (filing date: 2016-01-29), 10-Q (filing date: 2015-10-23), 10-Q (filing date: 2015-07-24), 10-Q (filing date: 2015-04-24).

1 Data adjusted for splits and stock dividends.

2 Q3 2020 Calculation
Operating profit per share = (Operating incomeQ3 2020 + Operating incomeQ2 2020 + Operating incomeQ1 2020 + Operating incomeQ4 2019) ÷ No. shares of common stock outstanding
= (6,194,000,000 + 5,843,000,000 + 3,989,000,000 + 3,880,000,000) ÷ 501,751,183 = 39.67

3 Closing price as at the filing date of Amazon.com Inc.’s Quarterly or Annual Report.

4 Q3 2020 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 3,036.15 ÷ 39.67 = 76.53

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Amazon.com Inc.’s P/OP ratio increased from Q1 2020 to Q2 2020 but then decreased significantly from Q2 2020 to Q3 2020.

Price to Sales (P/S)

Amazon.com Inc., historical P/S calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 501,751,183 500,889,651 498,776,032 497,810,444 495,797,220 494,656,015 492,331,776 491,202,890 488,968,628 487,741,189 485,226,904 484,107,183 481,872,175 480,379,517 477,975,499 477,170,618 475,166,527 474,073,542 471,827,960 470,842,035 468,762,005 467,710,218 465,680,957
Selected Financial Data (US$)
Net sales (in millions) 96,145  88,912  75,452  87,437  69,981  63,404  59,700  72,383  56,576  52,886  51,042  60,453  43,744  37,955  35,714  43,741  32,714  30,404  29,128  35,746  25,358  23,185  22,717 
Sales per share2 693.46 642.42 594.00 563.51 535.44 509.57 490.61 474.12 451.88 426.71 398.15 367.41 334.43 312.51 298.29 284.99 269.36 254.47 240.38 227.27 0.00 0.00 0.00
Share price1, 3 3,036.15 3,164.68 2,286.04 2,008.72 1,761.33 1,943.05 1,950.63 1,626.23 1,642.81 1,817.27 1,572.62 1,429.95 1,100.95 1,020.04 924.99 827.46 776.32 758.81 659.59 587.00 599.03 529.42 445.10
Valuation Ratio
P/S ratio4 4.38 4.93 3.85 3.56 3.29 3.81 3.98 3.43 3.64 4.26 3.95 3.89 3.29 3.26 3.10 2.90 2.88 2.98 2.74 2.58
Benchmarks
P/S Ratio, Competitors5
Costco Wholesale Corp. 0.87 0.80 0.86 0.88 0.76 0.72 0.61 0.69 0.65 0.61 0.63 0.55 0.66 0.61 0.60 0.57 0.58 0.59 0.61 0.58
Dollar General Corp. 1.45 1.50 1.26 1.19 1.09 1.14 0.98 1.03 1.09 0.87 0.96 0.87 0.95 1.01 1.21 1.18 0.99 1.11 1.15 1.22
Home Depot Inc. 2.17 2.17 1.91 1.94 1.81 2.20 2.11 2.01 2.03 1.82 1.93 1.88 1.71 1.83 1.84 1.85 1.95 1.67 1.73 1.77
Lowe’s Cos. Inc. 1.23 1.20 1.02 1.23 1.03 1.26 1.15 1.02 1.04 0.93 1.00 1.08 0.98 1.10 1.18 1.15 1.20 1.09 1.15 1.26
Target Corp. 0.83 0.72 0.55 0.53 0.50 0.62 0.53 0.53 0.45 0.44 0.44 0.44 0.63 0.58 0.56 0.67 0.61 0.63 0.70 0.70
TJX Cos. Inc. 1.76 1.66 1.54 1.66 1.50 1.81 1.54 1.47 1.34 1.35 1.45 1.53 1.56 1.61 1.60 1.68 1.56 1.60 1.49 1.65
Walmart Inc. 0.65 0.63 0.59 0.55 0.56 0.56 0.50 0.53 0.59 0.48 0.50 0.45 0.45 0.46 0.46 0.45 0.39 0.43 0.49 0.54

Based on: 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-26), 10-K (filing date: 2019-02-01), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-02), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-07-28), 10-Q (filing date: 2017-04-28), 10-K (filing date: 2017-02-10), 10-Q (filing date: 2016-10-28), 10-Q (filing date: 2016-07-29), 10-Q (filing date: 2016-04-29), 10-K (filing date: 2016-01-29), 10-Q (filing date: 2015-10-23), 10-Q (filing date: 2015-07-24), 10-Q (filing date: 2015-04-24).

1 Data adjusted for splits and stock dividends.

2 Q3 2020 Calculation
Sales per share = (Net salesQ3 2020 + Net salesQ2 2020 + Net salesQ1 2020 + Net salesQ4 2019) ÷ No. shares of common stock outstanding
= (96,145,000,000 + 88,912,000,000 + 75,452,000,000 + 87,437,000,000) ÷ 501,751,183 = 693.46

3 Closing price as at the filing date of Amazon.com Inc.’s Quarterly or Annual Report.

4 Q3 2020 Calculation
P/S ratio = Share price ÷ Sales per share
= 3,036.15 ÷ 693.46 = 4.38

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Amazon.com Inc.’s P/S ratio increased from Q1 2020 to Q2 2020 but then slightly decreased from Q2 2020 to Q3 2020 not reaching Q1 2020 level.

Price to Book Value (P/BV)

Amazon.com Inc., historical P/BV calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 501,751,183 500,889,651 498,776,032 497,810,444 495,797,220 494,656,015 492,331,776 491,202,890 488,968,628 487,741,189 485,226,904 484,107,183 481,872,175 480,379,517 477,975,499 477,170,618 475,166,527 474,073,542 471,827,960 470,842,035 468,762,005 467,710,218 465,680,957
Selected Financial Data (US$)
Stockholders’ equity (in millions) 82,775  73,728  65,272  62,060  56,508  53,061  48,410  43,549  39,125  34,995  31,463  27,709  24,658  23,214  21,674  19,285  17,782  16,538  14,756  13,384  12,430  11,768  10,873 
Book value per share (BVPS)2 164.97 147.19 130.86 124.67 113.97 107.27 98.33 88.66 80.02 71.75 64.84 57.24 51.17 48.32 45.35 40.42 37.42 34.88 31.27 28.43 26.52 25.16 23.35
Share price1, 3 3,036.15 3,164.68 2,286.04 2,008.72 1,761.33 1,943.05 1,950.63 1,626.23 1,642.81 1,817.27 1,572.62 1,429.95 1,100.95 1,020.04 924.99 827.46 776.32 758.81 659.59 587.00 599.03 529.42 445.10
Valuation Ratio
P/BV ratio4 18.40 21.50 17.47 16.11 15.45 18.11 19.84 18.34 20.53 25.33 24.25 24.98 21.52 21.11 20.40 20.47 20.74 21.75 21.09 20.65 22.59 21.04 19.06
Benchmarks
P/BV Ratio, Competitors5
Costco Wholesale Corp. 8.17 7.44 8.17 8.58 7.63 7.50 6.59 7.47 7.32 6.93 7.40 6.39 8.00 5.85 5.88 5.44 5.81 6.11 6.39 6.17 5.84 6.35 5.05
Dollar General Corp. 5.94 5.95 4.99 4.75 4.31 4.40 3.75 3.95 4.41 3.49 3.88 3.54 3.79 3.94 4.64 4.47 3.71 4.04 4.14 4.03 3.85 3.82 3.54
Home Depot Inc. 144.66 114.03 127.78 139.52 79.38 49.72 46.72 41.08 28.38 25.28 26.19 25.88 22.23 16.50 15.83 15.76 12.65 10.79 8.97
Lowe’s Cos. Inc. 36.00 32.50 22.70 24.01 13.54 15.37 13.85 11.89 12.47 11.38 12.01 10.87 9.32 9.74 9.85 8.87 8.33 7.22 6.90 7.10 5.80 4.62 4.10
Target Corp. 5.53 4.62 3.71 3.52 3.36 4.08 3.43 3.25 2.82 2.78 2.78 2.78 3.98 3.56 3.25 3.79 3.40 3.33 3.61 3.63 2.81 2.34 2.15
TJX Cos. Inc. 12.92 12.53 11.88 12.79 11.07 13.06 10.74 10.23 9.89 10.04 10.67 11.27 11.79 11.61 11.18 12.09 10.89 11.15 10.21 11.23 10.28 9.66 8.90
Walmart Inc. 4.70 4.64 4.44 3.84 3.94 3.97 3.34 3.37 3.79 3.05 3.26 2.81 2.80 2.89 2.94 2.69 2.35 2.65 3.07 3.20 3.51 3.21 3.41

Based on: 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-26), 10-K (filing date: 2019-02-01), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-02), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-07-28), 10-Q (filing date: 2017-04-28), 10-K (filing date: 2017-02-10), 10-Q (filing date: 2016-10-28), 10-Q (filing date: 2016-07-29), 10-Q (filing date: 2016-04-29), 10-K (filing date: 2016-01-29), 10-Q (filing date: 2015-10-23), 10-Q (filing date: 2015-07-24), 10-Q (filing date: 2015-04-24).

1 Data adjusted for splits and stock dividends.

2 Q3 2020 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 82,775,000,000 ÷ 501,751,183 = 164.97

3 Closing price as at the filing date of Amazon.com Inc.’s Quarterly or Annual Report.

4 Q3 2020 Calculation
P/BV ratio = Share price ÷ BVPS
= 3,036.15 ÷ 164.97 = 18.40

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company’s required rate of return and its actual rate of return. Amazon.com Inc.’s P/BV ratio increased from Q1 2020 to Q2 2020 but then slightly decreased from Q2 2020 to Q3 2020 not reaching Q1 2020 level.