Question 1

What is Lululemon Athletica's P/E ratio?

Accepted Answer

Lululemon Athletica (LULU) P/E ratio is 9.0× 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 Lululemon Athletica?

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 Lululemon Athletica specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is Lululemon Athletica's P/E ratio high or low?

Accepted Answer

Lululemon Athletica's P/E ratio of 9.0× is below its own 5-year average of 34.5× and below the sector median of 21.9×. That places the current reading at the 0th 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 Lululemon Athletica's historical P/E ratio range?

Accepted Answer

In the available daily series, Lululemon Athletica (LULU) P/E ratio has ranged from a low of 9.0× in 2026 to a high of 899.3× in 2006. The 5-year average is 34.5× and the 5-year median is 35.9×.

Question 7

What was Lululemon Athletica's P/E ratio in 2026?

Accepted Answer

Lululemon Athletica (LULU) P/E ratio at the end of 2026 was 13.5×. 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 Lululemon Athletica'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	$21.31B	$1.58B	13.5×	-14.0×	Feb 1, 2026
2025	$49.93B	$1.81B	27.5×	-11.7×	Feb 2, 2025
2024	$60.84B	$1.55B	39.2×	-5.9×	Jan 28, 2024
2023	$38.57B	$854.80M	45.1×	+1.0×	Jan 29, 2023
2022	$43.06B	$975.32M	44.1×	-29.7×	Jan 30, 2022
2021	$43.46B	$588.91M	73.8×	+24.1×	Jan 31, 2021
2020	$32.10B	$645.60M	49.7×	+9.8×	Feb 2, 2020
2019	$19.34B	$483.80M	40.0×	-1.9×	Feb 3, 2019
2018	$10.83B	$258.66M	41.9×	+11.6×	Jan 28, 2018
2017	$9.17B	$303.38M	30.2×	-1.3×	Jan 29, 2017
2016	$8.40B	$266.05M	31.6×	-7.4×	Jan 31, 2016
2015	$9.30B	$239.03M	38.9×	+15.7×	Feb 1, 2015
2014	$6.50B	$279.55M	23.3×	-12.4×	Feb 2, 2014
2013	$9.64B	$270.56M	35.6×	-13.6×	Feb 3, 2013
2012	$9.06B	$184.06M	49.2×	+9.2×	Jan 29, 2012
2011	$4.88B	$121.85M	40.1×	+5.8×	Jan 30, 2011
2010	$2.00B	$58.28M	34.2×	+22.5×	Jan 31, 2010
2009	$464.10M	$39.40M	11.8×	-62.9×	Feb 1, 2009
2008	$2.30B	$30.84M	74.7×	-163.5×	Feb 3, 2008
2007	$1.83B	$7.67M	238.2×	-661.1×	Jan 31, 2007
2006	$1.25B	$1.39M	899.3×	—	Jan 31, 2006


Ulta Beauty (ULTA)	19.6×
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×
Leggett & Platt (LEG)	6.1×
Sonoco Products (SON)	5.1×

P/E Ratio for Lululemon Athletica (LULU)

P/E Ratio daily chart for Lululemon Athletica (LULU)

Historical P/E Ratio for Lululemon Athletica (LULU) from 2006 to 2026

About P/E Ratio at Lululemon Athletica (LULU)

Lululemon Athletica P/E Ratio by Year

Lululemon Athletica P/E Ratio 2026: 13.5×

Lululemon Athletica P/E Ratio 2025: 27.5×

Lululemon Athletica P/E Ratio 2024: 39.2×

Lululemon Athletica P/E Ratio 2023: 45.1×

Lululemon Athletica P/E Ratio 2022: 44.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Lululemon Athletica (LULU) Key Financials

P/E Ratio daily chart for Lululemon Athletica (LULU)

Historical P/E Ratio for Lululemon Athletica (LULU) from 2006 to 2026

About P/E Ratio at Lululemon Athletica (LULU)

Lululemon Athletica P/E Ratio by Year

Lululemon Athletica P/E Ratio 2026: 13.5×

Lululemon Athletica P/E Ratio 2025: 27.5×

Lululemon Athletica P/E Ratio 2024: 39.2×

Lululemon Athletica P/E Ratio 2023: 45.1×

Lululemon Athletica P/E Ratio 2022: 44.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Lululemon Athletica'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 Lululemon Athletica?

+Is Lululemon Athletica's P/E ratio high or low?

+What is Lululemon Athletica's historical P/E ratio range?

+What was Lululemon Athletica's P/E ratio in 2026?

+Why does Lululemon Athletica's P/E ratio change over time?

Lululemon Athletica (LULU) Key Financials