P/E ratio for Dollar Tree (DLTR)
P/E ratio as of April 2024 (TTM): 22.2
According to Dollar Tree's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.1906. At the end of 2022 the company had a P/E ratio of 19.6.
P/E ratio history for Dollar Tree from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.6 | -16.94% |
| 2021 | 23.6 | -11.25% |
| 2020 | 26.6 | -290.14% |
| 2019 | -14.0 | -214.51% |
| 2018 | 12.2 | -52.05% |
| 2017 | 25.5 | 12.62% |
| 2016 | 22.6 | -59.26% |
| 2015 | 55.6 | 131.28% |
| 2014 | 24.0 | 17.08% |
| 2013 | 20.5 | 26.71% |
| 2012 | 16.2 | -26.75% |
| 2011 | 22.1 | 11.94% |
| 2010 | 19.7 | 31.85% |
| 2009 | 15.0 | -14.14% |
| 2008 | 17.4 | 37.29% |
| 2007 | 12.7 | -27.4% |
| 2006 | 17.5 | 12.57% |
| 2005 | 15.5 | -16.25% |
| 2004 | 18.6 | |
| 2002 | 18.3 | -34.96% |
| 2001 | 28.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Dollar General DG | 14.5 | -34.48% | 🇺🇸 USA |
 Target TGT | 22.6 | 1.66% | 🇺🇸 USA |
 Five Below
FIVE | 30.7 | 38.16% | 🇺🇸 USA |
 Big Lots
BIG | -0.1781 | -100.80% | 🇺🇸 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.