P/E ratio for Best Buy (BBY)
P/E ratio as of June 2025 (TTM): 11.9
According to Best Buy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9219. At the end of 2023 the company had a P/E ratio of 13.5.
P/E ratio history for Best Buy from 2001 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 13.5 | 13.22% |
| 2022 | 11.9 | 22.4% |
| 2021 | 9.72 | -35.21% |
| 2020 | 15.0 | -2.24% |
| 2019 | 15.3 | 12.75% |
| 2018 | 13.6 | -19.67% |
| 2017 | 16.9 | 33.06% |
| 2016 | 12.7 | 12.11% |
| 2015 | 11.4 | -15.47% |
| 2014 | 13.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Conn's
CONN | -0.0305 | -100.26% | 🇺🇸 USA |
 GameStop
GME | 87.1 | 630.54% | 🇺🇸 USA |
 Aaron's AAN | 32.5 | 173.01% | 🇺🇸 USA |
 Amazon AMZN | 34.0 | 185.40% | 🇺🇸 USA |
 Voxx International
VOXX | -3.54 | -129.67% | 🇺🇸 USA |
 Apple AAPL | 30.7 | 157.83% | 🇺🇸 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.