Stock Analysis on Net

Dollar General Corp. (NYSE:DG)

This company has been moved to the archive! The financial data has not been updated since August 29, 2024.

Price to Earnings (P/E) 
since 2010

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Calculation

Dollar General Corp., P/E, long-term trends, calculation

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Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Dollar General Corp. Annual Report.


Share Price Trends
The share price experienced a general upward trajectory from 2010 to 2024, increasing from $25.25 in March 2010 to a peak of $229.63 in March 2022. This represents a substantial appreciation over the period. Notably, after reaching this peak, the share price declined in the subsequent years, dropping to $205.81 in March 2023 and further to $150.78 by March 2024. The trend indicates strong growth initially, followed by a notable correction or retrenchment in recent years.
Earnings per Share (EPS) Development
The EPS showed consistent growth from $1.00 in 2010 to a high of $11.10 in 2021, reflecting robust earnings growth over more than a decade. However, EPS figures fluctuated in the last few periods, with a slight decrease to $10.48 in 2022 followed by a modest recovery to $11.03 in 2023, and then a more pronounced decline to $7.56 in 2024. This suggests some volatility in profitability or earnings performance in the most recent years after sustained improvement.
Price-to-Earnings (P/E) Ratio Patterns
The P/E ratio varied throughout the period without a clear linear trend. It started at 25.35 in 2010, declined to a trough near 15.28 in 2017, and then exhibited fluctuations around the 16 to 22 range in later years. The P/E ratio peaked at 21.90 in 2022, coinciding with the peak share price period, and slightly decreased afterwards, reaching 19.94 in 2024. These fluctuations suggest changing market valuations relative to earnings, potentially reflecting shifts in investor sentiment, growth expectations, or risk assessments over time.
Overall Insights
Throughout the period from 2010 to 2024, the data reflects a strong growth phase in both share price and earnings per share, indicating effective operational and financial performance driving shareholder value. The peak values in 2021-2022 followed by a decline in later years could imply external challenges or market corrections affecting the company's valuation and profitability. The relatively stable but fluctuating P/E ratio demonstrates balanced market responses to earnings changes without extreme over- or undervaluation tendencies. Recent earnings volatility and share price declines warrant close monitoring for potential underlying causes.

Comparison to Competitors

Dollar General Corp., P/E, long-term trends, comparison to competitors

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Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29).


Comparison to Sector (Consumer Staples Distribution & Retail)

Dollar General Corp., P/E, long-term trends, comparison to sector (consumer staples distribution & retail)

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Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29).


Comparison to Industry (Consumer Staples)

Dollar General Corp., P/E, long-term trends, comparison to industry (consumer staples)

Microsoft Excel

Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29).