P/E ratio for PriceSmart (PSMT)
P/E ratio as of May 2023 (TTM): 21.3
According to PriceSmart 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.3343. At the end of 2021 the company had a P/E ratio of 22.4.
P/E ratio history for PriceSmart from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walmart WMT | 34.1 | 59.93% | 🇺🇸 USA |
 Costco COST | 36.8 | 72.47% | 🇺🇸 USA |
 Dollar General DG | 19.0 | -11.09% | 🇺🇸 USA |
 Dollar Tree DLTR | 19.1 | -10.70% | 🇺🇸 USA |
 Target TGT | 22.3 | 4.52% | 🇺🇸 USA |
 Five Below
FIVE | 36.6 | 71.46% | 🇺🇸 USA |
 Big Lots
BIG | -0.6934 | -103.25% | 🇺🇸 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.