Question 1

What is GameStop's P/E ratio?

Accepted Answer

GameStop (GME) P/E ratio is 16.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for GameStop?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For GameStop specifically, the relevant sector benchmark is the current sector median of 21.7×.

Question 5

Is GameStop's P/E ratio high or low?

Accepted Answer

GameStop's P/E ratio of 16.8× is below its own 5-year average of 144.1× and below the sector median of 21.7×. That places the current reading at the 1th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is GameStop's historical P/E ratio range?

Accepted Answer

In the available daily series, GameStop (GME) P/E ratio has ranged from a low of 5.6× in 2017 to a high of 2224.3× in 2024. The 5-year average is 144.1× and the 5-year median is 75.3×.

Question 7

What was GameStop's P/E ratio in 2026?

Accepted Answer

GameStop (GME) P/E ratio at the end of 2026 was 25.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does GameStop's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$10.7B	$418M	25.5×	-66.1×	Jan 31, 2026
2025	$12B	$131M	91.6×	-557.4×	Jan 31, 2025
2024	$4.35B	$6.7M	649.1×	—	Jan 31, 2024
2023	$6.66B	-$313M	—	—	Jan 31, 2023
2022	$8.27B	-$381M	—	—	Jan 31, 2022
2021	$14.7B	-$215M	—	—	Jan 31, 2021
2020	$326M	-$471M	—	—	Jan 31, 2020
2019	$1.16B	-$673M	—	—	Jan 31, 2019
2018	$1.71B	$34.7M	49.2×	+42.1×	Jan 31, 2018
2017	$2.51B	$353M	7.1×	+0.1×	Jan 31, 2017
2016	$2.81B	$403M	7.0×	-2.8×	Jan 31, 2016
2015	$3.86B	$393M	9.8×	-1.7×	Jan 31, 2015
2014	$4.09B	$354M	11.6×	—	Jan 31, 2014
2013	$2.81B	-$270M	—	—	Jan 31, 2013
2012	$3.2B	$340M	9.4×	+1.6×	Jan 31, 2012
2011	$3.18B	$408M	7.8×	-0.9×	Jan 31, 2011
2010	$3.27B	$377M	8.7×	-1.5×	Jan 31, 2010
2009	$4.06B	$398M	10.2×	-18.6×	Jan 31, 2009
2008	$8.3B	$288M	28.8×	+3.1×	Jan 31, 2008
2007	$4.06B	$158M	25.7×	-5.3×	Jan 31, 2007
2006	$3.12B	$101M	31.0×	+13.9×	Jan 31, 2006
2005	$1.04B	$60.9M	17.1×	+2.4×	Jan 31, 2005
2004	$927M	$63.5M	14.6×	+5.4×	Jan 31, 2004
2003	$483M	$52.4M	9.2×	—	Jan 31, 2003


Ulta Beauty (ULTA)	19.6×
Avery Dennison (AVY)	19.3×
Darden Restaurants (DRI)	19.1×
Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Domino's Pizza (DPZ)	17.7×
Etsy (ETSY)	16.9×
Ball (BALL)	16.8×
Royal Caribbean Cruises (RCL)	16.6×
D.R. Horton (DHI)	15.3×
Norwegian Cruise Line (NCLH)	15.0×
Hasbro (HAS)	15.0×
NVR (NVR)	14.8×
LKQ (LKQ)	14.5×
Mohawk Industries (MHK)	14.3×
Deckers Outdoor (DECK)	13.8×
Lennar (LEN)	13.5×
Weyco Group (WEYS)	12.8×
Carnival Corporation (CCL)	12.4×
KB Home (KBH)	11.7×
Best Buy Co. (BBY)	11.1×
PDD Holdings (PDD)	10.7×
Toll Brothers (TOL)	10.5×
Lululemon Athletica (LULU)	10.2×
Leggett & Platt (LEG)	6.1×

P/E Ratio for GameStop (GME) 2003-2026

P/E Ratio daily chart for GameStop (GME)

Historical P/E Ratio for GameStop (GME) from 2003 to 2026

About P/E Ratio at GameStop (GME)

GameStop P/E Ratio by Year

GameStop P/E Ratio 2026: 25.5×

GameStop P/E Ratio 2025: 91.6×

GameStop P/E Ratio 2024: 649.1×

GameStop P/E Ratio 2018: 49.2×

GameStop P/E Ratio 2017: 7.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

GameStop (GME) Key Financials