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).

Current Valuation Ratios
Historical Valuation Ratios (Summary)
Price to Earnings (P/E)
Price to Operating Profit (P/OP)
Price to Sales (P/S)
Price to Book Value (P/BV)

Walt Disney Co., current price multiples

	Walt Disney Co.		Alphabet Inc.	Comcast Corp.	Meta Platforms Inc.	Netflix Inc.	Trade Desk Inc.		Media & Entertainment		Communication Services
Selected Financial Data
Current share price (P)
No. shares of common stock outstanding
Growth rate (g)

Earnings per share (EPS)
Next year expected EPS
Operating profit per share
Sales per share
Book value per share (BVPS)
Valuation Ratios (Price Multiples)
Price to earnings (P/E)
Price to next year expected earnings
Price-earnings-growth (PEG)
Price to operating profit (P/OP)
Price to sales (P/S)
Price to book value (P/BV)

Based on: 10-K (reporting date: 2025-09-27).

If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.

Walt Disney Co., historical price multiples

		Sep 27, 2025	Sep 28, 2024	Sep 30, 2023	Oct 1, 2022	Oct 2, 2021	Oct 3, 2020
	Price to earnings (P/E)
	Price to operating profit (P/OP)
	Price to sales (P/S)
	Price to book value (P/BV)

Based on: 10-K (reporting date: 2025-09-27), 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-10-01), 10-K (reporting date: 2021-10-02), 10-K (reporting date: 2020-10-03).

Price to Earnings (P/E) Ratio: The Price to Earnings ratio exhibits a notable downward trend over the analyzed periods. After a peak at 137.89 in the fiscal year ending October 2, 2021, it declines substantially to 54.9 in 2022 and fluctuates in subsequent years, eventually decreasing to 15.49 by September 27, 2025. This marked reduction suggests a significant improvement in earnings relative to the stock price or a market reassessment toward more conservative earnings expectations.
Price to Operating Profit (P/OP) Ratio: The Price to Operating Profit ratio similarly demonstrates a declining trend. It starts at 91.54 in 2021, dropping sharply to 26.43 in 2022, with minor increases and decreases afterwards, ending at 14.76 in 2025. This pattern indicates an improving operating profit performance or a corrective revaluation by the market, reflecting enhanced operational profitability or increased investor caution.
Price to Sales (P/S) Ratio: The Price to Sales ratio shows a general decreasing trend from 4.13 in 2020 to around 2.0 in 2025, with small fluctuations in the middle years. Specifically, it decreases steadily from 4.13 to 1.94 by 2023, then slightly rises and stabilizes near 2.0 afterward. This reduction implies either a growth in sales relative to market capitalization or a declining investor valuation multiple on sales.
Price to Book Value (P/BV) Ratio: The Price to Book Value ratio gradually declines from 3.23 in 2020 to approximately 1.75 in 2025, with small variances. The steady decrease suggests the market valuation is aligning more closely with the book value of the company, potentially reflecting a reassessment of asset values or reduced growth expectations.
Overall Insights: Collectively, the financial valuation ratios indicate a consistent trend of decreasing market multiples over the period under review. This pattern may suggest market expectations becoming more conservative, improved financial performance driving lower valuation premiums, or a combination of both. The significant falls in P/E and P/OP ratios emphasize improvements in profitability metrics or a normalization of previously elevated valuations. Ratios based on sales and book value also confirm a more tempered investor outlook relative to both revenue generation and asset valuation.

Download chart

Walt Disney Co., historical P/E calculation, comparison to benchmarks

		Sep 27, 2025	Sep 28, 2024	Sep 30, 2023	Oct 1, 2022	Oct 2, 2021	Oct 3, 2020
	No. shares of common stock outstanding¹
	Selected Financial Data (US$)
	Net income (loss) attributable to The Walt Disney Company (Disney) (in millions)
	Earnings per share (EPS)²
	Share price^1, 3
	Valuation Ratio
	P/E ratio⁴
	Benchmarks
	P/E Ratio, Competitors⁵
	Alphabet Inc.
	Comcast Corp.
	Meta Platforms Inc.
	Netflix Inc.
	Trade Desk Inc.
	P/E Ratio, Sector
	Media & Entertainment
	P/E Ratio, Industry
	Communication Services

Based on: 10-K (reporting date: 2025-09-27), 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-10-01), 10-K (reporting date: 2021-10-02), 10-K (reporting date: 2020-10-03).

¹ Data adjusted for splits and stock dividends.

² 2025 Calculation
EPS = Net income (loss) attributable to The Walt Disney Company (Disney) ÷ No. shares of common stock outstanding
= ÷ =

³ Closing price as at the filing date of Walt Disney Co. Annual Report.

⁴ 2025 Calculation
P/E ratio = Share price ÷ EPS
= ÷ =

⁵ Click competitor name to see calculations.

Share Price Trends: The share price experienced a decline from $149.09 in 2020 to a low of $94.45 in 2023, representing a significant downturn over this period. Following this, there was a moderate recovery with the share price increasing to $109.12 in 2024, but it slightly decreased thereafter to $107.61 in 2025. Overall, the trend indicates a period of volatility with an initial drop followed by a partial rebound.
Earnings Per Share (EPS) Performance: EPS transitioned from a negative value of -$1.58 in 2020 to positive territory in 2021, marking a recovery in profitability. From 2021 to 2025, EPS showed a consistent upward trajectory, increasing substantially from $1.10 in 2021 to $6.95 in 2025. This upward trend indicates sustained improvement in the company’s profitability over the five-year span.
Price to Earnings (P/E) Ratio Analysis: The P/E ratio was not available for 2020, but from 2021 onwards, it displayed a declining pattern from 137.89 in 2021 to 15.49 in 2025. The high P/E in 2021 suggests that the market was pricing the company’s earnings very optimistically relative to its earnings at that time. The sharp decline in P/E ratio over the years aligns with the significant increase in EPS, which generally reduces the valuation multiple if the share price does not increase proportionally.
Overall Insights: The financial data reveals a period of initial challenges reflected in a negative EPS and declining share price up to 2023. However, subsequent years saw marked improvements in earnings, resulting in a lower P/E ratio despite a relatively modest recovery in share price. This suggests enhanced earnings performance has been a key driver of improved valuation metrics, positioning the company for potentially more stable financial performance going forward.

Download chart

Walt Disney Co., historical P/OP calculation, comparison to benchmarks

		Sep 27, 2025	Sep 28, 2024	Sep 30, 2023	Oct 1, 2022	Oct 2, 2021	Oct 3, 2020
	No. shares of common stock outstanding¹
	Selected Financial Data (US$)
	Operating income (loss) (in millions)
	Operating profit per share²
	Share price^1, 3
	Valuation Ratio
	P/OP ratio⁴
	Benchmarks
	P/OP Ratio, Competitors⁵
	Alphabet Inc.
	Comcast Corp.
	Meta Platforms Inc.
	Netflix Inc.
	Trade Desk Inc.
	P/OP Ratio, Sector
	Media & Entertainment
	P/OP Ratio, Industry
	Communication Services

Based on: 10-K (reporting date: 2025-09-27), 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-10-01), 10-K (reporting date: 2021-10-02), 10-K (reporting date: 2020-10-03).

¹ Data adjusted for splits and stock dividends.

² 2025 Calculation
Operating profit per share = Operating income (loss) ÷ No. shares of common stock outstanding
= ÷ =

³ Closing price as at the filing date of Walt Disney Co. Annual Report.

⁴ 2025 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= ÷ =

⁵ Click competitor name to see calculations.

Share Price Trend: The share price initially showed a slight increase from 149.09 US$ in 2020 to 151.34 US$ in 2021. However, there was a significant decline in 2022 to 94.69 US$, followed by a relatively stable period in 2023 at 94.45 US$. Subsequently, the share price experienced a moderate recovery, rising to 109.12 US$ in 2024 and slightly decreasing to 107.61 US$ in 2025. Overall, the share price demonstrated volatility with a notable dip in the middle of the period, followed by partial recovery.
Operating Profit Per Share (OPPS) Trend: Operating profit per share exhibited a marked improvement over the period under review. Starting from a negative value of -1.07 US$ in 2020, it transitioned to a positive figure of 1.65 US$ in 2021. This positive trend continued with an increase to 3.58 US$ in 2022 and a slight decrease to 2.79 US$ in 2023. It then rose further to 4.59 US$ in 2024 and showed a significant increase to 7.29 US$ in 2025. This indicates a strengthening operating profitability per share over time, with particularly strong gains in the last reported year.
Price to Operating Profit Ratio (P/OP): The P/OP ratio, representing the share price relative to operating profit per share, was unavailable for 2020 due to negative operating profit. From 2021 onwards, it displayed a downward trend, starting at a very high 91.54 in 2021, then dropping sharply to 26.43 in 2022. The ratio slightly increased to 33.9 in 2023 before declining again to 23.75 in 2024 and further to 14.76 in 2025. This decline in the P/OP ratio suggests an improving valuation of the company's operating profit, indicating that the market price became more reasonable relative to operating profitability as operating profits increased substantially.
Summary: The financial data reflects a period of recovery and strengthening operational performance. Despite the share price experiencing volatility and a significant downturn mid-period, the increasing operating profit per share suggests operational improvements. The decreasing P/OP ratio reinforces that the market valuation is becoming more aligned with the company’s improving profitability. Overall, these patterns suggest enhanced operational efficiency and a potential re-rating of the stock in recent years.

Download chart

Walt Disney Co., historical P/S calculation, comparison to benchmarks

		Sep 27, 2025	Sep 28, 2024	Sep 30, 2023	Oct 1, 2022	Oct 2, 2021	Oct 3, 2020
	No. shares of common stock outstanding¹
	Selected Financial Data (US$)
	Revenues (in millions)
	Sales per share²
	Share price^1, 3
	Valuation Ratio
	P/S ratio⁴
	Benchmarks
	P/S Ratio, Competitors⁵
	Alphabet Inc.
	Comcast Corp.
	Meta Platforms Inc.
	Netflix Inc.
	Trade Desk Inc.
	P/S Ratio, Sector
	Media & Entertainment
	P/S Ratio, Industry
	Communication Services

Based on: 10-K (reporting date: 2025-09-27), 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-10-01), 10-K (reporting date: 2021-10-02), 10-K (reporting date: 2020-10-03).

¹ Data adjusted for splits and stock dividends.

² 2025 Calculation
Sales per share = Revenues ÷ No. shares of common stock outstanding
= ÷ =

³ Closing price as at the filing date of Walt Disney Co. Annual Report.

⁴ 2025 Calculation
P/S ratio = Share price ÷ Sales per share
= ÷ =

⁵ Click competitor name to see calculations.

Share Price: The share price experienced a moderate increase from 149.09 in 2020 to 151.34 in 2021, followed by a significant decline to 94.69 in 2022. The price remained relatively stable around the mid-90s in 2023 before slightly increasing to approximately 109 in 2024 and slightly dipping to 107.61 in 2025. Overall, the share price shows volatility with a notable drop after 2021 and a partial recovery afterward.
Sales per Share: Sales per share demonstrated consistent growth over the period. Starting at 36.12 in 2020, sales increased steadily every year, reaching 52.89 in 2025. This positive trend indicates improving revenue generation per share over time despite fluctuations in the share price.
Price to Sales Ratio (P/S): The Price to Sales ratio declined sharply from about 4.13 in 2020 to 4.08 in 2021 and then dropped substantially to around 2.09 in 2022. It further decreased to 1.94 in 2023, with a slight upward adjustment to approximately 2.16 in 2024 followed by a slight decrease to 2.03 in 2025. This pattern suggests that the market valuation relative to sales per share decreased significantly after 2021 and has remained at a lower level since, indicating potentially more cautious market sentiment or reassessment of growth expectations.

Download chart

Walt Disney Co., historical P/BV calculation, comparison to benchmarks

		Sep 27, 2025	Sep 28, 2024	Sep 30, 2023	Oct 1, 2022	Oct 2, 2021	Oct 3, 2020
	No. shares of common stock outstanding¹
	Selected Financial Data (US$)
	Total Disney Shareholder’s equity (in millions)
	Book value per share (BVPS)²
	Share price^1, 3
	Valuation Ratio
	P/BV ratio⁴
	Benchmarks
	P/BV Ratio, Competitors⁵
	Alphabet Inc.
	Comcast Corp.
	Meta Platforms Inc.
	Netflix Inc.
	Trade Desk Inc.
	P/BV Ratio, Sector
	Media & Entertainment
	P/BV Ratio, Industry
	Communication Services

Based on: 10-K (reporting date: 2025-09-27), 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-10-01), 10-K (reporting date: 2021-10-02), 10-K (reporting date: 2020-10-03).

¹ Data adjusted for splits and stock dividends.

² 2025 Calculation
BVPS = Total Disney Shareholder’s equity ÷ No. shares of common stock outstanding
= ÷ =

³ Closing price as at the filing date of Walt Disney Co. Annual Report.

⁴ 2025 Calculation
P/BV ratio = Share price ÷ BVPS
= ÷ =

⁵ Click competitor name to see calculations.

Share Price: The share price exhibited a notable fluctuation over the examined periods. It started at a high point above 149 US dollars, followed by a marginal increase in the subsequent year. However, a sharp decline occurred thereafter, dropping to approximately 94.69 US dollars and stabilizing around that value for two years. In the last two years, the share price experienced a modest recovery, rising to just above 109 US dollars before slightly declining again to approximately 107.61 US dollars.
Book Value Per Share (BVPS): Book value per share demonstrated a consistent upward trend throughout all periods. Starting from around 46.17 US dollars, it increased steadily each year, reaching over 61.54 US dollars by the end of the observed timeframe. This indicates a continuous growth in the company's net asset value on a per-share basis.
Price-to-Book Ratio (P/BV): The price-to-book ratio initially was relatively high, above 3, but underwent a significant decline over the years, falling below 2. This decrease suggests that the market valuation of the company became less aggressive relative to its book value. The ratio dipped to about 1.74, indicating a potential market reassessment or increased shareholder value based on net assets. Although there was a slight increase to around 1.96 in the penultimate year, it decreased again toward the end, stabilizing near 1.75.
Overall Insights: The data reveals a consistent growth in intrinsic book value per share, which is a positive indicator of the company’s strengthening financial foundation. However, the market valuation reflected by the share price and price-to-book ratio shows volatility with a period of marked correction. The reduced P/BV ratio suggests a more conservative market perspective regarding the company’s valuation, despite improving tangible equity. The partial recovery in share price towards the end indicates a possible renewed investor confidence, though it has not returned to earlier peak levels.

Download chart

	Walt Disney Co.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis of Components of Financial Statements
Financial Reporting Quality
Stock Price Trends

	All companies
Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis of Components of Financial Statements
Financial Reporting Quality
Stock Price Trends

Walt Disney Co. (NYSE:DIS)

Common Stock Valuation Ratios (Price Multiples)

Paying user area

Try for free

Current Valuation Ratios

Historical Valuation Ratios (Summary)

Price to Earnings (P/E)

Price to Operating Profit (P/OP)

Price to Sales (P/S)

Price to Book Value (P/BV)