Stock Analysis on Net
Stock Analysis on Net

Home Depot Inc. (NYSE:HD)

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Beginner level


Historical Valuation Ratios (Summary)

Home Depot Inc., historical price multiples (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019 Feb 3, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Nov 1, 2015 Aug 2, 2015 May 3, 2015 Feb 1, 2015 Nov 2, 2014 Aug 3, 2014 May 4, 2014
Price to earnings (P/E) 26.04 24.24 17.38 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
Price to operating profit (P/OP) 18.45 17.14 12.33 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
Price to sales (P/S) 2.58 2.37 1.77 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
Price to book value (P/BV) 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

Based on: 10-Q (filing date: 2020-08-25), 10-Q (filing date: 2020-05-27), 10-K (filing date: 2020-03-25), 10-Q (filing date: 2019-11-26), 10-Q (filing date: 2019-08-27), 10-Q (filing date: 2019-05-29), 10-K (filing date: 2019-03-28), 10-Q (filing date: 2018-11-20), 10-Q (filing date: 2018-08-21), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-22), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-23), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-24), 10-K (filing date: 2016-03-24), 10-Q (filing date: 2015-11-24), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-27), 10-K (filing date: 2015-03-26), 10-Q (filing date: 2014-11-25), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-28).

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. Home Depot Inc.’s P/E ratio increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
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. Home Depot Inc.’s P/OP ratio increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
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. Home Depot Inc.’s P/S ratio increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
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.

Price to Earnings (P/E)

Home Depot Inc., historical P/E calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019 Feb 3, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Nov 1, 2015 Aug 2, 2015 May 3, 2015 Feb 1, 2015 Nov 2, 2014 Aug 3, 2014 May 4, 2014
No. shares of common stock outstanding1 1,076,455,514 1,075,522,865 1,074,741,592 1,090,831,020 1,095,153,073 1,100,286,099 1,103,903,507 1,129,527,754 1,144,138,185 1,153,543,611 1,157,269,522 1,167,748,619 1,178,817,584 1,195,554,970 1,202,918,166 1,218,160,970 1,235,573,686 1,244,007,307 1,252,951,007 1,267,881,263 1,284,103,307 1,298,976,045 1,307,394,094 1,317,827,350 1,345,921,559 1,367,617,382
Selected Financial Data (US$)
Net earnings (in millions) 4,332  2,245  2,481  2,769  3,479  2,513  2,344  2,867  3,506  2,404  1,779  2,165  2,672  2,014  1,744  1,969  2,441  1,803  1,471  1,725  2,234  1,579  1,379  1,537  2,050  1,379 
Earnings per share (EPS)2 10.99 10.20 10.46 10.18 10.23 10.21 10.07 9.35 8.61 7.82 7.46 7.36 7.12 6.83 6.61 6.31 6.02 5.81 5.59 5.46 5.24 5.04 4.85 0.00 0.00 0.00
Share price1, 3 286.13 247.36 181.76 220.76 218.21 189.99 190.06 169.05 200.23 186.87 175.29 172.86 149.91 154.83 147.99 130.98 136.22 133.36 130.46 133.60 110.97 112.16 112.37 97.01 91.87 79.68
Valuation Ratio
P/E ratio4 26.04 24.24 17.38 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
Benchmarks
P/E Ratio, Competitors5
Amazon.com Inc. 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
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 26.79 28.64 29.29
Dollar General Corp. 21.44 23.43 21.04 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
Lowe’s Cos. Inc. 22.50 21.16 11.96 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. 21.44 22.08 16.12 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. 92.86 38.61 17.13 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. 23.39 23.27 21.69 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: 2020-08-25), 10-Q (filing date: 2020-05-27), 10-K (filing date: 2020-03-25), 10-Q (filing date: 2019-11-26), 10-Q (filing date: 2019-08-27), 10-Q (filing date: 2019-05-29), 10-K (filing date: 2019-03-28), 10-Q (filing date: 2018-11-20), 10-Q (filing date: 2018-08-21), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-22), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-23), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-24), 10-K (filing date: 2016-03-24), 10-Q (filing date: 2015-11-24), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-27), 10-K (filing date: 2015-03-26), 10-Q (filing date: 2014-11-25), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-28).

1 Data adjusted for splits and stock dividends.

2 Q2 2021 Calculation
EPS = (Net earningsQ2 2021 + Net earningsQ1 2021 + Net earningsQ4 2020 + Net earningsQ3 2020) ÷ No. shares of common stock outstanding
= (4,332,000,000 + 2,245,000,000 + 2,481,000,000 + 2,769,000,000) ÷ 1,076,455,514 = 10.99

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

4 Q2 2021 Calculation
P/E ratio = Share price ÷ EPS
= 286.13 ÷ 10.99 = 26.04

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. Home Depot Inc.’s P/E ratio increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.

Price to Operating Profit (P/OP)

Home Depot Inc., historical P/OP calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019 Feb 3, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Nov 1, 2015 Aug 2, 2015 May 3, 2015 Feb 1, 2015 Nov 2, 2014 Aug 3, 2014 May 4, 2014
No. shares of common stock outstanding1 1,076,455,514 1,075,522,865 1,074,741,592 1,090,831,020 1,095,153,073 1,100,286,099 1,103,903,507 1,129,527,754 1,144,138,185 1,153,543,611 1,157,269,522 1,167,748,619 1,178,817,584 1,195,554,970 1,202,918,166 1,218,160,970 1,235,573,686 1,244,007,307 1,252,951,007 1,267,881,263 1,284,103,307 1,298,976,045 1,307,394,094 1,317,827,350 1,345,921,559 1,367,617,382
Selected Financial Data (US$)
Operating income (in millions) 6,067  3,276  3,403  3,947  4,896  3,597  3,378  3,870  4,901  3,381  3,189  3,680  4,463  3,349  2,927  3,320  4,103  3,077  2,549  2,981  3,647  2,597  2,191  2,553  3,448  2,277 
Operating profit per share2 15.51 14.43 14.74 14.50 14.37 14.31 14.07 13.58 13.24 12.75 12.69 12.35 11.93 11.46 11.16 10.71 10.29 9.85 9.40 9.00 8.56 8.31 8.01 0.00 0.00 0.00
Share price1, 3 286.13 247.36 181.76 220.76 218.21 189.99 190.06 169.05 200.23 186.87 175.29 172.86 149.91 154.83 147.99 130.98 136.22 133.36 130.46 133.60 110.97 112.16 112.37 97.01 91.87 79.68
Valuation Ratio
P/OP ratio4 18.45 17.14 12.33 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
Benchmarks
P/OP Ratio, Competitors5
Amazon.com Inc. 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
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 17.37 18.66 18.77
Dollar General Corp. 16.06 17.44 15.65 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
Lowe’s Cos. Inc. 15.21 14.04 8.11 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. 15.20 15.33 11.35 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. 60.02 30.12 12.69 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. 19.63 16.77 15.69 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: 2020-08-25), 10-Q (filing date: 2020-05-27), 10-K (filing date: 2020-03-25), 10-Q (filing date: 2019-11-26), 10-Q (filing date: 2019-08-27), 10-Q (filing date: 2019-05-29), 10-K (filing date: 2019-03-28), 10-Q (filing date: 2018-11-20), 10-Q (filing date: 2018-08-21), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-22), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-23), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-24), 10-K (filing date: 2016-03-24), 10-Q (filing date: 2015-11-24), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-27), 10-K (filing date: 2015-03-26), 10-Q (filing date: 2014-11-25), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-28).

1 Data adjusted for splits and stock dividends.

2 Q2 2021 Calculation
Operating profit per share = (Operating incomeQ2 2021 + Operating incomeQ1 2021 + Operating incomeQ4 2020 + Operating incomeQ3 2020) ÷ No. shares of common stock outstanding
= (6,067,000,000 + 3,276,000,000 + 3,403,000,000 + 3,947,000,000) ÷ 1,076,455,514 = 15.51

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

4 Q2 2021 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 286.13 ÷ 15.51 = 18.45

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. Home Depot Inc.’s P/OP ratio increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.

Price to Sales (P/S)

Home Depot Inc., historical P/S calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019 Feb 3, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Nov 1, 2015 Aug 2, 2015 May 3, 2015 Feb 1, 2015 Nov 2, 2014 Aug 3, 2014 May 4, 2014
No. shares of common stock outstanding1 1,076,455,514 1,075,522,865 1,074,741,592 1,090,831,020 1,095,153,073 1,100,286,099 1,103,903,507 1,129,527,754 1,144,138,185 1,153,543,611 1,157,269,522 1,167,748,619 1,178,817,584 1,195,554,970 1,202,918,166 1,218,160,970 1,235,573,686 1,244,007,307 1,252,951,007 1,267,881,263 1,284,103,307 1,298,976,045 1,307,394,094 1,317,827,350 1,345,921,559 1,367,617,382
Selected Financial Data (US$)
Net sales (in millions) 38,053  28,260  25,782  27,223  30,839  26,381  26,491  26,302  30,463  24,947  23,883  25,026  28,108  23,887  22,207  23,154  26,472  22,762  20,980  21,819  24,829  20,891  19,162  20,516  23,811  19,687 
Sales per share2 110.84 104.23 102.56 101.70 100.45 99.64 98.02 93.49 91.18 88.39 87.19 84.97 82.59 80.06 78.64 76.65 74.49 72.66 70.65 68.38 66.50 64.96 63.62 0.00 0.00 0.00
Share price1, 3 286.13 247.36 181.76 220.76 218.21 189.99 190.06 169.05 200.23 186.87 175.29 172.86 149.91 154.83 147.99 130.98 136.22 133.36 130.46 133.60 110.97 112.16 112.37 97.01 91.87 79.68
Valuation Ratio
P/S ratio4 2.58 2.37 1.77 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
Benchmarks
P/S Ratio, Competitors5
Amazon.com Inc. 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
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 0.54 0.57 0.56
Dollar General Corp. 1.60 1.57 1.30 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
Lowe’s Cos. Inc. 1.60 1.31 0.71 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. 0.90 0.77 0.69 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. 1.96 1.77 1.34 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. 0.78 0.66 0.62 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: 2020-08-25), 10-Q (filing date: 2020-05-27), 10-K (filing date: 2020-03-25), 10-Q (filing date: 2019-11-26), 10-Q (filing date: 2019-08-27), 10-Q (filing date: 2019-05-29), 10-K (filing date: 2019-03-28), 10-Q (filing date: 2018-11-20), 10-Q (filing date: 2018-08-21), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-22), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-23), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-24), 10-K (filing date: 2016-03-24), 10-Q (filing date: 2015-11-24), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-27), 10-K (filing date: 2015-03-26), 10-Q (filing date: 2014-11-25), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-28).

1 Data adjusted for splits and stock dividends.

2 Q2 2021 Calculation
Sales per share = (Net salesQ2 2021 + Net salesQ1 2021 + Net salesQ4 2020 + Net salesQ3 2020) ÷ No. shares of common stock outstanding
= (38,053,000,000 + 28,260,000,000 + 25,782,000,000 + 27,223,000,000) ÷ 1,076,455,514 = 110.84

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

4 Q2 2021 Calculation
P/S ratio = Share price ÷ Sales per share
= 286.13 ÷ 110.84 = 2.58

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. Home Depot Inc.’s P/S ratio increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.

Price to Book Value (P/BV)

Home Depot Inc., historical P/BV calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019 Feb 3, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Nov 1, 2015 Aug 2, 2015 May 3, 2015 Feb 1, 2015 Nov 2, 2014 Aug 3, 2014 May 4, 2014
No. shares of common stock outstanding1 1,076,455,514 1,075,522,865 1,074,741,592 1,090,831,020 1,095,153,073 1,100,286,099 1,103,903,507 1,129,527,754 1,144,138,185 1,153,543,611 1,157,269,522 1,167,748,619 1,178,817,584 1,195,554,970 1,202,918,166 1,218,160,970 1,235,573,686 1,244,007,307 1,252,951,007 1,267,881,263 1,284,103,307 1,298,976,045 1,307,394,094 1,317,827,350 1,345,921,559 1,367,617,382
Selected Financial Data (US$)
Stockholders’ equity (deficit) (in millions) (414) (3,490) (3,116) (1,082) (1,160) (2,143) (1,878) 1,320  2,009  1,687  1,454  2,543  3,554  3,962  4,333  5,622  6,657  6,335  6,316  7,619  8,637  9,204  9,322  10,110  11,457  12,146 
Book value per share (BVPS)2 -0.38 -3.24 -2.90 -0.99 -1.06 -1.95 -1.70 1.17 1.76 1.46 1.26 2.18 3.01 3.31 3.60 4.62 5.39 5.09 5.04 6.01 6.73 7.09 7.13 7.67 8.51 8.88
Share price1, 3 286.13 247.36 181.76 220.76 218.21 189.99 190.06 169.05 200.23 186.87 175.29 172.86 149.91 154.83 147.99 130.98 136.22 133.36 130.46 133.60 110.97 112.16 112.37 97.01 91.87 79.68
Valuation Ratio
P/BV ratio4 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
Benchmarks
P/BV Ratio, Competitors5
Amazon.com Inc. 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
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. 6.82 6.43 5.38 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
Lowe’s Cos. Inc. 29.56 56.37 25.96 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. 6.00 5.48 4.47 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. 14.17 13.72 9.42 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. 5.56 5.12 4.32 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: 2020-08-25), 10-Q (filing date: 2020-05-27), 10-K (filing date: 2020-03-25), 10-Q (filing date: 2019-11-26), 10-Q (filing date: 2019-08-27), 10-Q (filing date: 2019-05-29), 10-K (filing date: 2019-03-28), 10-Q (filing date: 2018-11-20), 10-Q (filing date: 2018-08-21), 10-Q (filing date: 2018-05-22), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-11-21), 10-Q (filing date: 2017-08-22), 10-Q (filing date: 2017-05-23), 10-K (filing date: 2017-03-23), 10-Q (filing date: 2016-11-22), 10-Q (filing date: 2016-08-23), 10-Q (filing date: 2016-05-24), 10-K (filing date: 2016-03-24), 10-Q (filing date: 2015-11-24), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-27), 10-K (filing date: 2015-03-26), 10-Q (filing date: 2014-11-25), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-28).

1 Data adjusted for splits and stock dividends.

2 Q2 2021 Calculation
BVPS = Stockholders’ equity (deficit) ÷ No. shares of common stock outstanding
= -414,000,000 ÷ 1,076,455,514 = -0.38

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

4 Q2 2021 Calculation
P/BV ratio = Share price ÷ BVPS
= 286.13 ÷ -0.38 =

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.