Walmart Inc. is a global US retail group that dominates a large part of the US market. Walmart is number one in the Fortune Global 500 list of the top-selling companies in the world.
P/E ratio for Walmart (WMT)
P/E ratio as of May 2024 (TTM): 12.3
According to Walmart's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.2625. At the end of 2022 the company had a P/E ratio of 14.5.
P/E ratio history for Walmart from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.5 | -13.73% |
| 2021 | 16.8 | 143.77% |
| 2020 | 6.89 | -12.29% |
| 2019 | 7.86 | -55.7% |
| 2018 | 17.7 | 103.75% |
| 2017 | 8.71 | 74.24% |
| 2016 | 5.00 | 14.47% |
| 2015 | 4.37 | -25.27% |
| 2014 | 5.84 | 16.26% |
| 2013 | 5.02 | 7.82% |
| 2012 | 4.66 | 10.9% |
| 2011 | 4.20 | -6.02% |
| 2010 | 4.47 | -13.16% |
| 2009 | 5.15 | -4.93% |
| 2008 | 5.42 | 4.96% |
| 2007 | 5.16 | -12.16% |
| 2006 | 5.88 | -3.58% |
| 2005 | 6.09 | -20.74% |
| 2004 | 7.69 | -12.8% |
| 2003 | 8.82 | -10.64% |
| 2002 | 9.87 | -25.42% |
| 2001 | 13.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Amazon AMZN | 93.7 | 664.03% | 🇺🇸 USA |
 Costco COST | 62.9 | 412.88% | 🇺🇸 USA |
 Dollar General DG | 15.0 | 21.98% | 🇺🇸 USA |
 Dollar Tree DLTR | 22.0 | 79.53% | 🇺🇸 USA |
 eBay EBAY | 21.2 | 72.60% | 🇺🇸 USA |
 Kohl's
KSS | -24.8 | -302.11% | 🇺🇸 USA |
 Macy's
M | 7.11 | -42.03% | 🇺🇸 USA |
 Target TGT | 21.9 | 78.97% | 🇺🇸 USA |
 PriceSmart
PSMT | 23.1 | 88.71% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.