Price to Earnings (P/E)
since 2005
Calculation
Lowe’s Cos. Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net earnings1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 21, 2022 | 17.84 | = | 227.60 | ÷ | 12.76 | 12.76 | = | 8,442 | ÷ | 661,561,297 | |
| Mar 22, 2021 | 22.36 | = | 181.89 | ÷ | 8.14 | 8.14 | = | 5,835 | ÷ | 717,256,852 | |
| Mar 23, 2020 | 11.96 | = | 67.80 | ÷ | 5.67 | 5.67 | = | 4,281 | ÷ | 754,948,648 | |
| Apr 2, 2019 | 37.80 | = | 109.91 | ÷ | 2.91 | 2.91 | = | 2,314 | ÷ | 795,922,717 | |
| Apr 2, 2018 | 20.26 | = | 84.59 | ÷ | 4.17 | 4.17 | = | 3,447 | ÷ | 825,766,281 | |
| Apr 4, 2017 | 22.62 | = | 81.59 | ÷ | 3.61 | 3.61 | = | 3,093 | ÷ | 857,332,918 | |
| Mar 29, 2016 | 26.67 | = | 75.67 | ÷ | 2.84 | 2.84 | = | 2,546 | ÷ | 897,438,629 | |
| Mar 31, 2015 | 26.24 | = | 74.39 | ÷ | 2.83 | 2.83 | = | 2,698 | ÷ | 951,704,640 | |
| Mar 31, 2014 | 21.79 | = | 48.90 | ÷ | 2.24 | 2.24 | = | 2,286 | ÷ | 1,018,776,409 | |
| Apr 2, 2013 | 21.13 | = | 38.02 | ÷ | 1.80 | 1.80 | = | 1,959 | ÷ | 1,088,511,808 | |
| Apr 2, 2012 | 20.46 | = | 31.38 | ÷ | 1.53 | 1.53 | = | 1,839 | ÷ | 1,198,910,882 | |
| Mar 29, 2011 | 17.66 | = | 26.93 | ÷ | 1.52 | 1.52 | = | 2,010 | ÷ | 1,318,320,422 | |
| Mar 30, 2010 | 19.70 | = | 24.34 | ÷ | 1.24 | 1.24 | = | 1,783 | ÷ | 1,443,389,268 | |
| Mar 31, 2009 | 12.26 | = | 18.25 | ÷ | 1.49 | 1.49 | = | 2,195 | ÷ | 1,474,239,704 | |
| Apr 1, 2008 | 12.74 | = | 24.49 | ÷ | 1.92 | 1.92 | = | 2,809 | ÷ | 1,461,815,744 | |
| Apr 3, 2007 | 15.42 | = | 31.70 | ÷ | 2.06 | 2.06 | = | 3,105 | ÷ | 1,510,309,351 | |
| Apr 7, 2006 | 18.31 | = | 32.70 | ÷ | 1.79 | 1.79 | = | 2,771 | ÷ | 1,551,613,794 | |
| Apr 13, 2005 | 19.15 | = | 26.91 | ÷ | 1.40 | 1.40 | = | 2,176 | ÷ | 1,548,843,626 |
Based on: 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), 10-K (reporting date: 2009-01-30), 10-K (reporting date: 2008-02-01), 10-K (reporting date: 2007-02-02), 10-K (reporting date: 2006-02-03), 10-K (reporting date: 2005-01-28).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Lowe’s Cos. Inc. Annual Report.
Comparison to Competitors
Lowe’s Cos. Inc., P/E, long-term trends, comparison to competitors
| Lowe’s Cos. Inc. | Amazon.com Inc. | Bed Bath & Beyond Inc. | Booking Holdings Inc. | Dollar Tree Inc. | Home Depot Inc. | Target Corp. | Ulta Beauty Inc. | |
|---|---|---|---|---|---|---|---|---|
| Mar 21, 2022 | 17.84 | — | — | — | 25.61 | 19.94 | 14.38 | 20.97 |
| Mar 22, 2021 | 22.36 | 48.08 | — | 86.68 | 18.97 | 24.51 | 20.39 | 96.85 |
| Mar 23, 2020 | 11.96 | 78.20 | — | 1,696.44 | 21.75 | 17.38 | 16.12 | 13.91 |
| Apr 2, 2019 | 37.80 | 86.30 | — | 14.16 | — | 18.87 | 13.56 | 31.01 |
| Apr 2, 2018 | 20.26 | 79.30 | 5.78 | 21.46 | 13.26 | 23.51 | 12.97 | 22.31 |
| Apr 4, 2017 | 22.62 | 228.25 | 8.34 | 38.61 | 20.18 | 22.37 | 11.11 | 42.89 |
| Mar 29, 2016 | 26.67 | 166.52 | 9.13 | 37.59 | 67.32 | 23.32 | 14.61 | 37.98 |
| Mar 31, 2015 | 26.24 | 463.73 | 12.88 | 24.03 | 28.13 | 23.15 | — | 37.71 |
| Mar 31, 2014 | 21.79 | — | 12.42 | 26.12 | 18.64 | 20.18 | 19.07 | 31.73 |
| Apr 2, 2013 | 21.13 | 601.07 | 14.59 | 35.35 | 16.04 | 22.86 | 14.65 | 30.26 |
| Apr 2, 2012 | 20.46 | — | 16.00 | 24.45 | 22.15 | 19.49 | 13.41 | 48.62 |
| Mar 29, 2011 | 17.66 | 129.38 | 18.05 | 27.89 | 16.38 | 18.15 | 12.23 | 41.60 |
| Mar 30, 2010 | 19.70 | 67.02 | 20.31 | 42.86 | 15.39 | 20.76 | 15.77 | 33.50 |
| Mar 31, 2009 | 12.26 | 61.80 | 18.47 | 21.47 | 17.23 | 18.59 | 10.19 | 15.15 |
| Apr 1, 2008 | 12.74 | 39.07 | 14.95 | 17.74 | 13.00 | 11.24 | 14.43 | 57.01 |
| Apr 3, 2007 | 15.42 | 65.85 | 19.21 | 28.12 | 19.59 | 12.59 | 18.35 | — |
| Apr 7, 2006 | 18.31 | 88.17 | 18.36 | 27.54 | 15.87 | 15.57 | 18.67 | — |
| Apr 13, 2005 | 19.15 | 45.52 | 21.68 | 4.89 | 15.09 | 16.29 | 13.78 | — |
Based on: 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), 10-K (reporting date: 2009-01-30), 10-K (reporting date: 2008-02-01), 10-K (reporting date: 2007-02-02), 10-K (reporting date: 2006-02-03), 10-K (reporting date: 2005-01-28).
Comparison to Sector (Retailing)
Lowe’s Cos. Inc., P/E, long-term trends, comparison to sector (retailing)
| Lowe’s Cos. Inc. | Retailing | |
|---|---|---|
| Mar 21, 2022 | 17.84 | — |
| Mar 22, 2021 | 22.36 | 38.76 |
| Mar 23, 2020 | 11.96 | 50.99 |
| Apr 2, 2019 | 37.80 | 45.77 |
| Apr 2, 2018 | 20.26 | 38.80 |
| Apr 4, 2017 | 22.62 | 52.12 |
| Mar 29, 2016 | 26.67 | 42.10 |
| Mar 31, 2015 | 26.24 | 52.16 |
| Mar 31, 2014 | 21.79 | 33.29 |
| Apr 2, 2013 | 21.13 | 33.42 |
| Apr 2, 2012 | 20.46 | 29.56 |
| Mar 29, 2011 | 17.66 | 23.78 |
| Mar 30, 2010 | 19.70 | 25.90 |
| Mar 31, 2009 | 12.26 | 19.44 |
| Apr 1, 2008 | 12.74 | 14.29 |
| Apr 3, 2007 | 15.42 | 17.02 |
| Apr 7, 2006 | 18.31 | 18.18 |
| Apr 13, 2005 | 19.15 | 17.07 |
Based on: 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), 10-K (reporting date: 2009-01-30), 10-K (reporting date: 2008-02-01), 10-K (reporting date: 2007-02-02), 10-K (reporting date: 2006-02-03), 10-K (reporting date: 2005-01-28).
Comparison to Industry (Consumer Discretionary)
Lowe’s Cos. Inc., P/E, long-term trends, comparison to industry (consumer discretionary)
| Lowe’s Cos. Inc. | Consumer Discretionary | |
|---|---|---|
| Mar 21, 2022 | 17.84 | — |
| Mar 22, 2021 | 22.36 | 39.51 |
| Mar 23, 2020 | 11.96 | 78.00 |
| Apr 2, 2019 | 37.80 | 38.90 |
| Apr 2, 2018 | 20.26 | 30.48 |
| Apr 4, 2017 | 22.62 | 42.90 |
| Mar 29, 2016 | 26.67 | 27.26 |
| Mar 31, 2015 | 26.24 | 26.70 |
| Mar 31, 2014 | 21.79 | 28.44 |
| Apr 2, 2013 | 21.13 | 25.17 |
| Apr 2, 2012 | 20.46 | 20.03 |
| Mar 29, 2011 | 17.66 | 11.32 |
| Mar 30, 2010 | 19.70 | 17.41 |
| Mar 31, 2009 | 12.26 | 17.66 |
| Apr 1, 2008 | 12.74 | 48.26 |
| Apr 3, 2007 | 15.42 | 22.01 |
| Apr 7, 2006 | 18.31 | 52.47 |
| Apr 13, 2005 | 19.15 | 17.20 |
Based on: 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), 10-K (reporting date: 2009-01-30), 10-K (reporting date: 2008-02-01), 10-K (reporting date: 2007-02-02), 10-K (reporting date: 2006-02-03), 10-K (reporting date: 2005-01-28).