Stock Analysis on Net

Best Buy Co. Inc. (NYSE:BBY)

$22.49

This company has been moved to the archive! The financial data has not been updated since December 6, 2022.

Price to Earnings (P/E)
since 2005

Microsoft Excel

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Calculation

Best Buy Co. Inc., P/E, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-KT (reporting date: 2013-02-02), 10-K (reporting date: 2012-03-03), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Best Buy Co. Inc. Annual Report.

The share price exhibited considerable volatility over the period analyzed. Initially, there was a general upward trend from 34.71 US$ in May 2005 to a peak of 55.76 US$ in May 2006. Subsequently, the price declined with occasional fluctuations, reaching a low around 22.15-22.45 US$ between 2012 and 2013. A notable recovery occurred afterward, leading to a significant increase that peaked at 118.19 US$ in March 2021 before slightly declining to 101.84 US$ by March 2022.

Earnings per share (EPS) showed an overall growth trend with fluctuations. EPS grew from 2 US$ in 2005 to a peak of 3.42 US$ in 2008, then sharply declined to negative values in 2012 and 2013 (-3.6 and -1.3, respectively), indicating a period of losses. From 2014 onwards, EPS consistently improved, reaching a maximum of 10.9 US$ in March 2022. This suggests strong recovery and profitability improvement in the later years.

The price-to-earnings (P/E) ratio experienced variability reflecting changes in both share price and earnings. Early in the period, P/E peaked at 23.76 in 2006, then declined gradually, hitting a low of 9.21 in 2011. There is a gap in P/E values during the years when EPS was negative, reflecting the inapplicability of this measure during loss-making periods. In later years, P/E ratios generally remained in the range of approximately 8.45 to 19.48, with fluctuations corresponding to swings in market valuation and earnings performance. The P/E ratio's variability suggests shifts in investor sentiment and market expectations regarding future earnings potential.

Share Price Trend
Initial growth to mid-2006, subsequent decline and stagnation till around 2013, followed by strong recovery and peak in 2021, slight drop in 2022.
Earnings Per Share Trend
Steady growth until 2008, sharp decline leading to losses in 2012-2013, strong recovery and continuous growth through 2022.
Price-to-Earnings Ratio Trend
High ratios in early years with a dip around 2011, absence during loss years, moderate variability afterwards indicating adjustments in market valuation.

Comparison to Competitors

Best Buy Co. Inc., P/E, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-KT (reporting date: 2013-02-02), 10-K (reporting date: 2012-03-03), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).


Comparison to Sector (Consumer Discretionary Distribution & Retail)

Best Buy Co. Inc., P/E, long-term trends, comparison to sector (consumer discretionary distribution & retail)

Microsoft Excel

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-KT (reporting date: 2013-02-02), 10-K (reporting date: 2012-03-03), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).


Comparison to Industry (Consumer Discretionary)

Best Buy Co. Inc., P/E, long-term trends, comparison to industry (consumer discretionary)

Microsoft Excel

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-KT (reporting date: 2013-02-02), 10-K (reporting date: 2012-03-03), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).