Question 1

What is Lowe's Companies's P/E ratio?

Accepted Answer

Lowe's Companies (LOW) P/E ratio is 17.8× as of June 5, 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 Lowe's Companies?

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 Lowe's Companies specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is Lowe's Companies's P/E ratio high or low?

Accepted Answer

Lowe's Companies's P/E ratio of 17.8× is below its own 5-year average of 18.8× and below the sector median of 21.9×. That places the current reading at the 25th 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 Lowe's Companies's historical P/E ratio range?

Accepted Answer

In the available daily series, Lowe's Companies (LOW) P/E ratio has ranged from a low of 11.4× in 2008 to a high of 37.7× in 2019. The 5-year average is 18.8× and the 5-year median is 19.3×.

Question 7

What was Lowe's Companies's P/E ratio in 2026?

Accepted Answer

Lowe's Companies (LOW) P/E ratio at the end of 2026 was 22.4×. 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 Lowe's Companies'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	$149.29B	$6.65B	22.4×	+1.4×	Jan 30, 2026
2025	$146.14B	$6.96B	21.0×	+5.2×	Jan 31, 2025
2024	$122.17B	$7.73B	15.8×	-3.7×	Jan 31, 2024
2023	$125.57B	$6.44B	19.5×	+0.6×	Jan 31, 2023
2022	$159.74B	$8.44B	18.9×	-1.6×	Jan 31, 2022
2021	$119.91B	$5.83B	20.6×	-0.2×	Jan 31, 2021
2020	$88.69B	$4.28B	20.7×	-12.6×	Jan 31, 2020
2019	$77.02B	$2.31B	33.3×	+8.1×	Jan 31, 2019
2018	$86.72B	$3.45B	25.2×	+4.7×	Jan 31, 2018
2017	$63.36B	$3.09B	20.5×	-5.5×	Jan 31, 2017
2016	$66.12B	$2.55B	26.0×	+1.8×	Jan 31, 2016
2015	$65.32B	$2.70B	24.2×	+3.3×	Jan 31, 2015
2014	$47.91B	$2.29B	21.0×	-0.7×	Jan 31, 2014
2013	$42.35B	$1.96B	21.6×	+3.6×	Jan 31, 2013
2012	$33.14B	$1.84B	18.0×	+1.3×	Jan 31, 2012
2011	$33.70B	$2.01B	16.8×	-1.2×	Jan 31, 2011
2010	$32.02B	$1.78B	17.9×	+5.8×	Jan 31, 2010
2009	$26.67B	$2.19B	12.2×	-1.5×	Jan 31, 2009
2008	$38.43B	$2.81B	13.7×	-2.8×	Jan 31, 2008
2007	$51.24B	$3.10B	16.5×	-1.4×	Jan 31, 2007
2006	$49.70B	$2.77B	17.9×	-2.7×	Jan 31, 2006
2005	$44.69B	$2.17B	20.6×	-2.8×	Jan 31, 2005
2004	$43.87B	$1.88B	23.4×	+4.7×	Jan 31, 2004
2003	$27.45B	$1.47B	18.7×	-16.2×	Jan 31, 2003
2002	$35.69B	$1.02B	34.9×	—	Jan 31, 2002


Las Vegas Sands (LVS)	19.6×
Avery Dennison (AVY)	19.3×
Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Etsy (ETSY)	16.9×
Ball (BALL)	16.8×
Royal Caribbean Cruises (RCL)	16.6×
Lennar (LEN)	15.6×
GameStop (GME)	15.6×
Norwegian Cruise Line (NCLH)	15.0×
NVR (NVR)	14.8×
Masco (MAS)	14.6×
LKQ (LKQ)	14.5×
Mohawk Industries (MHK)	14.3×
Carnival Corporation (CCL)	14.0×
Deckers Outdoor (DECK)	13.8×
Weyco Group (WEYS)	12.8×
D.R. Horton (DHI)	12.5×
Best Buy Co. (BBY)	11.1×
PulteGroup (PHM)	11.0×
PDD Holdings (PDD)	10.7×
Toll Brothers (TOL)	10.5×
Lululemon Athletica (LULU)	10.2×
Leggett & Platt (LEG)	6.1×
Sonoco Products (SON)	5.1×

P/E Ratio for Lowe's Companies (LOW)

P/E Ratio daily chart for Lowe's Companies (LOW)

Historical P/E Ratio for Lowe's Companies (LOW) from 2002 to 2026

About P/E Ratio at Lowe's Companies (LOW)

Lowe's Companies P/E Ratio by Year

Lowe's Companies P/E Ratio 2026: 22.4×

Lowe's Companies P/E Ratio 2025: 21.0×

Lowe's Companies P/E Ratio 2024: 15.8×

Lowe's Companies P/E Ratio 2023: 19.5×

Lowe's Companies P/E Ratio 2022: 18.9×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Lowe's Companies (LOW) Key Financials

P/E Ratio daily chart for Lowe's Companies (LOW)

Historical P/E Ratio for Lowe's Companies (LOW) from 2002 to 2026

About P/E Ratio at Lowe's Companies (LOW)

Lowe's Companies P/E Ratio by Year

Lowe's Companies P/E Ratio 2026: 22.4×

Lowe's Companies P/E Ratio 2025: 21.0×

Lowe's Companies P/E Ratio 2024: 15.8×

Lowe's Companies P/E Ratio 2023: 19.5×

Lowe's Companies P/E Ratio 2022: 18.9×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Lowe's Companies's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Lowe's Companies?

+Is Lowe's Companies's P/E ratio high or low?

+What is Lowe's Companies's historical P/E ratio range?

+What was Lowe's Companies's P/E ratio in 2026?

+Why does Lowe's Companies's P/E ratio change over time?

Lowe's Companies (LOW) Key Financials