P/E ratio for PriceSmart (PSMT)
P/E ratio as of April 2024 (TTM): 21.1
According to PriceSmart 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.0584. At the end of 2022 the company had a P/E ratio of 17.6.
P/E ratio history for PriceSmart from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.6 | -21.51% |
| 2021 | 22.4 | -30.76% |
| 2020 | 32.4 | 16.85% |
| 2019 | 27.7 | 2.33% |
| 2018 | 27.1 | -8.69% |
| 2017 | 29.7 | 5.25% |
| 2016 | 28.2 | 3.67% |
| 2015 | 27.2 | -9.32% |
| 2014 | 30.0 | -26.5% |
| 2013 | 40.8 | 28.86% |
| 2012 | 31.7 | -7.12% |
| 2011 | 34.1 | 62.36% |
| 2010 | 21.0 | 46.04% |
| 2009 | 14.4 | 1.67% |
| 2008 | 14.2 | -74.58% |
| 2007 | 55.7 | 52.3% |
| 2006 | 36.6 | -803.91% |
| 2005 | -5.19 | 300.43% |
| 2004 | -1.30 | 21.6% |
| 2003 | -1.07 | -107.49% |
| 2002 | 14.2 | -76.42% |
| 2001 | 60.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walmart WMT | 11.4 | -45.74% | 🇺🇸 USA |
 Costco COST | 56.7 | 169.33% | 🇺🇸 USA |
 Dollar General DG | 14.7 | -29.99% | 🇺🇸 USA |
 Dollar Tree DLTR | 22.5 | 6.65% | 🇺🇸 USA |
 Target TGT | 22.5 | 6.70% | 🇺🇸 USA |
 Five Below
FIVE | 31.1 | 47.70% | 🇺🇸 USA |
 Big Lots
BIG | -0.1746 | -100.83% | 🇺🇸 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.