Price to Earnings (P/E)
since 2005
Paying user area
Try for free
Lowe’s Cos. Inc. pages available for free this week:
- Income Statement
- Common-Size Income Statement
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Present Value of Free Cash Flow to Equity (FCFE)
- Total Asset Turnover since 2005
- Analysis of Revenues
- Analysis of Debt
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Lowe’s Cos. Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
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 23, 2026 | = | ÷ | = | ÷ | |||||||
| Mar 24, 2025 | = | ÷ | = | ÷ | |||||||
| Mar 25, 2024 | = | ÷ | = | ÷ | |||||||
| Mar 27, 2023 | = | ÷ | = | ÷ | |||||||
| Mar 21, 2022 | = | ÷ | = | ÷ | |||||||
| Mar 22, 2021 | = | ÷ | = | ÷ | |||||||
| Mar 23, 2020 | = | ÷ | = | ÷ | |||||||
| Apr 2, 2019 | = | ÷ | = | ÷ | |||||||
| Apr 2, 2018 | = | ÷ | = | ÷ | |||||||
| Apr 4, 2017 | = | ÷ | = | ÷ | |||||||
| Mar 29, 2016 | = | ÷ | = | ÷ | |||||||
| Mar 31, 2015 | = | ÷ | = | ÷ | |||||||
| Mar 31, 2014 | = | ÷ | = | ÷ | |||||||
| Apr 2, 2013 | = | ÷ | = | ÷ | |||||||
| Apr 2, 2012 | = | ÷ | = | ÷ | |||||||
| Mar 29, 2011 | = | ÷ | = | ÷ | |||||||
| Mar 30, 2010 | = | ÷ | = | ÷ | |||||||
| Mar 31, 2009 | = | ÷ | = | ÷ | |||||||
| Apr 1, 2008 | = | ÷ | = | ÷ | |||||||
| Apr 3, 2007 | = | ÷ | = | ÷ | |||||||
| Apr 7, 2006 | = | ÷ | = | ÷ | |||||||
| Apr 13, 2005 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2026-01-30), 10-K (reporting date: 2025-01-31), 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), 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.
The price-to-earnings (P/E) ratio, calculated from share price and earnings per share, exhibits considerable fluctuation over the observed period. Initially, from 2005 to 2008, a general downward trend in the P/E ratio is apparent, decreasing from 19.15 to 12.74. Following this decline, the ratio experienced volatility, rising to 19.70 in 2010 before stabilizing in the range of 17.66 to 26.24 between 2011 and 2015.
A significant increase in the P/E ratio occurred between 2015 and 2019, peaking at 37.80 in 2019. This surge coincided with a period of increasing earnings per share. However, 2020 witnessed a substantial decrease to 11.96, likely influenced by market conditions and a temporary dip in share price despite strong earnings. The subsequent years, 2021 and 2022, saw the P/E ratio recover to 17.84 and 17.65 respectively, before settling at 18.81 in 2023 and 19.72 in 2024. A slight decrease to 19.72 is observed in the projected value for 2025.
- Overall Trend
- The P/E ratio demonstrates cyclical behavior over the period. While there isn't a consistent long-term trend, periods of growth in earnings per share often correlate with increases in the P/E ratio, though this relationship isn't always direct. The ratio appears sensitive to broader market events, as evidenced by the sharp decline in 2020.
- Volatility
- The P/E ratio exhibits significant volatility, particularly between 2008 and 2020. This suggests that investor sentiment and market expectations regarding future earnings play a substantial role in the company’s valuation. The period from 2021-2025 shows a more stable, though still fluctuating, P/E ratio.
- Recent Performance (2020-2025)
- From 2020 onwards, the P/E ratio has shown a recovery and stabilization, fluctuating within a narrower range compared to the earlier years. The projected value for 2025 indicates a continuation of this relatively stable valuation, though a slight decrease is noted.
In conclusion, the P/E ratio has experienced considerable variation over the analyzed timeframe, reflecting changes in both earnings and investor perception. The recent trend suggests a move towards greater stability, but continued monitoring is warranted to assess the long-term implications of these fluctuations.
Comparison to Competitors
Lowe’s Cos. Inc., P/E, long-term trends, comparison to competitors
| Lowe’s Cos. Inc. | Amazon.com Inc. | Home Depot Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|
| Mar 23, 2026 | ||||
| Mar 24, 2025 | ||||
| Mar 25, 2024 | ||||
| Mar 27, 2023 | ||||
| Mar 21, 2022 | ||||
| Mar 22, 2021 | ||||
| Mar 23, 2020 | ||||
| Apr 2, 2019 | ||||
| Apr 2, 2018 | ||||
| Apr 4, 2017 | ||||
| Mar 29, 2016 | ||||
| Mar 31, 2015 | ||||
| Mar 31, 2014 | ||||
| Apr 2, 2013 | ||||
| Apr 2, 2012 | ||||
| Mar 29, 2011 | ||||
| Mar 30, 2010 | ||||
| Mar 31, 2009 | ||||
| Apr 1, 2008 | ||||
| Apr 3, 2007 | ||||
| Apr 7, 2006 | ||||
| Apr 13, 2005 |
Based on: 10-K (reporting date: 2026-01-30), 10-K (reporting date: 2025-01-31), 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), 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 (Consumer Discretionary Distribution & Retail)
Lowe’s Cos. Inc., P/E, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| Lowe’s Cos. Inc. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Mar 23, 2026 | ||
| Mar 24, 2025 | ||
| Mar 25, 2024 | ||
| Mar 27, 2023 | ||
| Mar 21, 2022 | ||
| Mar 22, 2021 | ||
| Mar 23, 2020 | ||
| Apr 2, 2019 | ||
| Apr 2, 2018 | ||
| Apr 4, 2017 | ||
| Mar 29, 2016 | ||
| Mar 31, 2015 | ||
| Mar 31, 2014 | ||
| Apr 2, 2013 | ||
| Apr 2, 2012 | ||
| Mar 29, 2011 | ||
| Mar 30, 2010 | ||
| Mar 31, 2009 | ||
| Apr 1, 2008 | ||
| Apr 3, 2007 | ||
| Apr 7, 2006 | ||
| Apr 13, 2005 |
Based on: 10-K (reporting date: 2026-01-30), 10-K (reporting date: 2025-01-31), 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), 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 23, 2026 | ||
| Mar 24, 2025 | ||
| Mar 25, 2024 | ||
| Mar 27, 2023 | ||
| Mar 21, 2022 | ||
| Mar 22, 2021 | ||
| Mar 23, 2020 | ||
| Apr 2, 2019 | ||
| Apr 2, 2018 | ||
| Apr 4, 2017 | ||
| Mar 29, 2016 | ||
| Mar 31, 2015 | ||
| Mar 31, 2014 | ||
| Apr 2, 2013 | ||
| Apr 2, 2012 | ||
| Mar 29, 2011 | ||
| Mar 30, 2010 | ||
| Mar 31, 2009 | ||
| Apr 1, 2008 | ||
| Apr 3, 2007 | ||
| Apr 7, 2006 | ||
| Apr 13, 2005 |
Based on: 10-K (reporting date: 2026-01-30), 10-K (reporting date: 2025-01-31), 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), 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).