Walmart Inc. is a global US retail group that dominates a large part of the US market. Walmart is number one in the Fortune Global 500 list of the top-selling companies in the world.
P/E ratio for Walmart (WMT)
P/E ratio as of October 2023 (TTM): 31.1
According to Walmart's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.1379. At the end of 2021 the company had a P/E ratio of 50.4.
P/E ratio history for Walmart from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 50.4 | 143.77% |
| 2020 | 20.7 | -12.29% |
| 2019 | 23.6 | -55.7% |
| 2018 | 53.2 | 103.75% |
| 2017 | 26.1 | 74.24% |
| 2016 | 15.0 | 14.47% |
| 2015 | 13.1 | -25.27% |
| 2014 | 17.5 | 16.26% |
| 2013 | 15.1 | 7.82% |
| 2012 | 14.0 | 10.9% |
| 2011 | 12.6 | -6.02% |
| 2010 | 13.4 | -13.16% |
| 2009 | 15.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Amazon AMZN | 98.4 | 216.08% | 🇺🇸 USA |
 Costco COST | 45.1 | 44.82% | 🇺🇸 USA |
 Dollar General DG | 10.8 | -65.47% | 🇺🇸 USA |
 Dollar Tree DLTR | 19.4 | -37.73% | 🇺🇸 USA |
 eBay EBAY | 17.5 | -43.70% | 🇺🇸 USA |
 Kohl's
KSS | -19.7 | -163.29% | 🇺🇸 USA |
 Macy's
M | 4.14 | -86.69% | 🇺🇸 USA |
 Target TGT | 15.0 | -51.93% | 🇺🇸 USA |
 PriceSmart
PSMT | 19.8 | -36.39% | 🇺🇸 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.