Best Buy Co., Inc. (BBY) P/E Ratio History
Historical price-to-earnings valuation from 1991 to 2026
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Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of March 1, 2026, Best Buy Co., Inc. (BBY) trades at a price-to-earnings ratio of 14.5x, with a stock price of $61.97 and trailing twelve-month earnings per share of $3.04.
The current P/E is roughly in line with its 5-year average of 14.1x. Over the past five years, BBY's P/E has ranged from a low of 9.9x to a high of 27.1x, placing the current valuation at the 70th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 18.8x, BBY trades at a 23% discount to its sector peers. The sector includes 304 companies with P/E ratios ranging from 0.1x to 189.6x.
Relative to the broader market, BBY trades at a notable discount to the S&P 500 median P/E of 26.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our BBY DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
Peer Comparison
P/E metrics vs. Consumer Electronics and Gaming Retail peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
BBYBest Buy Co., Inc. | $13B | 14.5Lowest | -Best | -25% |
GMEGameStop Corp. | $11B | 72.8 | -Best | +1400%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q3 | Sat Nov 01 2025 00:00:00 GM | $82.14 | $3.03 | 27.1x | -26% |
| FY2026 Q2 | Sat Aug 02 2025 00:00:00 GM | $64.12 | $3.63 | 17.7x | -52% |
| FY2026 Q1 | Sat May 03 2025 00:00:00 GM | $68.07 | $4.09 | 16.6x | -55% |
| FY2025 Q4 | Sat Feb 01 2025 00:00:00 GM | $85.86 | $4.27 | 20.1x | -45% |
| FY2025 Q3 | Sat Nov 02 2024 00:00:00 GM | $90.90 | $5.85 | 15.5x | -58% |
| FY2025 Q2 | Sat Aug 03 2024 00:00:00 GM | $82.36 | $5.80 | 14.2x | -61% |
| FY2025 Q1 | Sat May 04 2024 00:00:00 GM | $74.47 | $5.71 | 13.0x | -64% |
| FY2024 Q4 | Sat Feb 03 2024 00:00:00 GM | $75.69 | $5.69 | 13.3x | -64% |
| FY2024 Q3 | Sat Oct 28 2023 00:00:00 GM | $64.41 | $5.80 | 11.1x | -70% |
| FY2024 Q2 | Sat Jul 29 2023 00:00:00 GM | $82.90 | $5.81 | 14.3x | -61% |
| FY2024 Q1 | Sat Apr 29 2023 00:00:00 GM | $74.52 | $5.91 | 12.6x | -66% |
| FY2023 Q4 | Sat Jan 28 2023 00:00:00 GM | $85.18 | $6.29 | 13.5x | -63% |
Average P/E for displayed period: 36.7x
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Start ComparisonFrequently Asked Questions
Is BBY stock overvalued or undervalued?
BBY trades at 14.5x P/E, near its 5-year average of 14.1x. The 70th percentile ranking places valuation within normal historical bounds.
How does BBY's valuation compare to peers?
Best Buy Co., Inc. P/E of 14.5x compares to sector median of 18.8x. The discount suggests lower growth expectations or higher risk.
What is BBY's PEG ratio?
BBY PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1991-2026.