P/E ratio for Dollarama (DOL.TO)
P/E ratio as of May 2024 (TTM): 36.5
According to Dollarama's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.4606. At the end of 2022 the company had a P/E ratio of 30.3.
P/E ratio history for Dollarama from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.3 | -3.19% |
| 2021 | 31.3 | 10.55% |
| 2020 | 28.3 | 11.8% |
| 2019 | 25.4 | 28.08% |
| 2018 | 19.8 | -44.28% |
| 2017 | 35.5 | 26.41% |
| 2016 | 28.1 | -1.9% |
| 2015 | 28.7 | -1.6% |
| 2014 | 29.1 | 10.58% |
| 2013 | 26.3 | 25.47% |
| 2012 | 21.0 | -2.38% |
| 2011 | 21.5 | 17.23% |
| 2010 | 18.3 | -13.03% |
| 2009 | 21.1 |
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.