Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Beginner level
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Home Depot Inc., historical price multiples (quarterly data)
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)
| 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)
| 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)
| 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)
| 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. |