Stock Analysis on Net
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 Operating Profit (P/OP)
since 2005

Microsoft Excel

Paying user area

Try for free

Best Buy Co. Inc. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

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

Microsoft Excel
P/OP = Share price1, 2, 3 ÷ Operating profit per share1 Operating profit per share1 = Operating income (loss)1
(in millions)		 ÷ No. shares of common stock outstanding2
Mar 18, 2022 = ÷ = ÷
Mar 19, 2021 = ÷ = ÷
Mar 23, 2020 = ÷ = ÷
Mar 28, 2019 = ÷ = ÷
Apr 2, 2018 = ÷ = ÷
Mar 24, 2017 = ÷ = ÷
Mar 23, 2016 = ÷ = ÷
Mar 31, 2015 = ÷ = ÷
Mar 28, 2014 = ÷ = ÷
Mar 27, 2013 = ÷ = ÷
May 1, 2012 = ÷ = ÷
Apr 25, 2011 = ÷ = ÷
Apr 28, 2010 = ÷ = ÷
Apr 29, 2009 = ÷ = ÷
Apr 30, 2008 = ÷ = ÷
May 2, 2007 = ÷ = ÷
May 10, 2006 = ÷ = ÷
May 10, 2005 = ÷ = ÷

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.

Share Price Trends
The share price exhibited significant volatility over the analyzed period. Initially, there was a strong upward movement from $34.71 in May 2005 to a peak of $55.76 in May 2006. This was followed by a general decline, reaching lows around $22.15-$22.45 between May 2012 and March 2013. The price then recovered notably, peaking at $71.10 in March 2019. A subsequent decline occurred in 2020, likely influenced by broader market events, dropping to $50.69. The price then surged sharply, reaching an all-time high of $118.19 in March 2021 before falling slightly to $101.84 by March 2022.
Operating Profit per Share (OPPS) Patterns
Operating profit per share showed a steady and generally positive trend across the years. Starting at $2.93 in May 2005, this metric increased with minor fluctuations to $5.43 by April 2011. There was a notable dip in 2013 to -$0.37, indicating a period of loss. Afterward, there was consistent recovery and growth, culminating in a significant rise to $13.49 by March 2022. This trend suggests improving operational efficiency and profitability over time despite episodic setbacks.
Price to Operating Profit Ratio (P/OP)
The price to operating profit ratio experienced considerable variation. Initially, it was at 11.84 in 2005, peaking at 16.47 in 2006, and declining steadily to around 5.56 by April 2011. Fluctuations continued through the period, with some missing data points notably in 2012 and 2013. The ratio saw peaks of 10.57 in 2018 and 12.36 in 2021, indicating periods where share prices may have been relatively high compared to operating profit. The lowest points around 2011 suggest a more attractive valuation relative to earnings at those times. The ratio’s volatility indicates changing market perceptions of the company's profitability and growth prospects over time.
Overall Insights
There is a strong correlation between operating profit per share increases and share price growth over the long term, although the share price exhibits heightened sensitivity to market cycles and external factors. The significant dip in operating profit per share and share price in early 2010s suggests challenges during that time, with effective recovery afterward. The most recent years show a robust operational performance reflected in high OPPS figures and rising share prices, though valuation metrics such as P/OP indicate periods of potential overvaluation. These trends collectively suggest a company that has managed to improve operational profitability effectively while experiencing typical market-driven valuation fluctuations.

Comparison to Competitors

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

Microsoft Excel
Best Buy Co. Inc. Amazon.com Inc. Home Depot Inc. Lowe’s Cos. Inc.
Mar 18, 2022
Mar 19, 2021
Mar 23, 2020
Mar 28, 2019
Apr 2, 2018
Mar 24, 2017
Mar 23, 2016
Mar 31, 2015
Mar 28, 2014
Mar 27, 2013
May 1, 2012
Apr 25, 2011
Apr 28, 2010
Apr 29, 2009
Apr 30, 2008
May 2, 2007
May 10, 2006
May 10, 2005

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).