The average P/E ratio for the market is around 20 to 25. A ratio below this range could suggest a bargain, while a ratio above this range could suggest an overpriced stock.
Apple (AAPL) PE Ratio (TTM) : 38.55 (As of Jan. 14, 2025)
The average price target represents 20.25% Increase from the current price of $83.27. What do analysts say about Best Buy Co.? Best Buy Co.'s analyst rating consensus is a Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.
During Best Buy's earnings call, CEO Corie Barry cited “overall ongoing macro uncertainty, customers waiting for deals and sales, and distraction during the run-up to the election” as factors impacting performance.
According to the latest TipRanks data, approximately 40.73% of Best Buy Co (BBY) stock is held by retail investors. Who owns the most shares of Best Buy Co (BBY)? Vanguard owns the most shares of Best Buy Co (BBY).
High PE can indicate high future growth expectations; low PE may suggest undervaluation. Low PB can suggest undervaluation, high PB may signal overvaluation or growth expectations. Can be influenced by non-operational factors and market sentiment. More stable, based on tangible book value of the company.
Best Buy Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2024 was $5.85. Therefore, Best Buy Co's PE Ratio (TTM) for today is 14.49.
Buffett's Strategy
Warren Buffett, the greatest value investor of this century, now tends to buy stocks with a P/B ratio of around 1.3.
The PE ratio for Amazon Com stock stands at 45.9 as of Jan 10, 2025. This is calculated based on the TTM EPS of $4.77 and the stock price of $218.94 per share.
As of today (2025-01-12), Tesla's share price is $394.74. Tesla's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was $3.65. Therefore, Tesla's PE Ratio (TTM) for today is 108.15.
The mean historical PE ratio of Costco Wholesale over the last ten years is 35.42. The current 54.17 P/E ratio is 53% higher than the historical average. Looking back at the last ten years, COST's PE ratio peaked in the Nov 2024 quarter at 56.47, with a price of $964.01 and an EPS of $17.07.
Google (GOOGL) PE Ratio (TTM) : 25.33 (As of Jan. 14, 2025)
Fair Value Estimate for Nvidia
With its 2-star rating, we believe Nvidia's stock is overvalued compared to our long-term fair value estimate of $105 per share, which implies an equity value of roughly $2.5 trillion.
S&P 500 P/E Ratio is at a current level of 28.77, up from 27.87 last quarter and up from 23.27 one year ago. This is a change of 3.23% from last quarter and 23.62% from one year ago. The S&P 500 PE Ratio is the price to earnings ratio of the constituents of the S&P 500.
To give you some sense of what the average for the market is, though, many value investors would refer to 20 to 25 as the average P/E ratio range. And again, like golf, the lower the P/E ratio a company has, the better an investment the metric is saying it is.
It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Best Buy Co's current ratio for the quarter that ended in Oct. 2024 was 1.00. Best Buy Co has a current ratio of 1.00.
Therefore, Target's PE Ratio (TTM) for today is 14.66.
Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio. But it doesn't stop there, as different industries can have different average P/E ratios.
What is the average PE Ratio of the Banks industry? The average industry PE Ratio of Banks is 13.7 as on 10 Jan 2025.
Best Buy annual gross profit for 2022 was $11.64B, a 10.09% increase from 2021.
The all-time high Best Buy stock closing price was 120.96 on November 22, 2021. The Best Buy 52-week high stock price is 103.71, which is 24% above the current share price.
What percentage of Target Corp (TGT) stock is held by retail investors? According to the latest TipRanks data, approximately 53.24% of Target Corp (TGT) stock is held by retail investors. Who owns the most shares of Target Corp (TGT)? Vanguard owns the most shares of Target Corp (TGT).