Dollar Tree
DLTR
#841
Rank
$22.90 B
Marketcap
$106.56
Share price
-0.10%
Change (1 day)
-29.36%
Change (1 year)

P/E ratio for Dollar Tree (DLTR)

P/E ratio as of July 2024 (TTM): 19.5

According to Dollar Tree's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.4619. 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
202219.6-16.94%
202123.6-11.25%
202026.6-290.14%
2019-14.0-214.51%
201812.2-52.05%
201725.512.62%
201622.6-59.26%
201555.6131.28%
201424.017.08%
201320.526.71%
201216.2-26.75%
201122.111.94%
201019.731.85%
200915.0-14.14%
200817.437.29%
200712.7-27.4%
200617.512.57%
200515.5-16.25%
200418.6
200218.3-34.96%
200128.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.5-35.76%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0590-100.30%๐Ÿ‡บ๐Ÿ‡ธ USA
20.6 5.65%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6-20.10%๐Ÿ‡บ๐Ÿ‡ธ 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.