Dollar Tree, Inc. (DLTR) P/E Ratio History
Historical price-to-earnings valuation from 1995 to 2023
Loading P/E history...
Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of February 28, 2026, Dollar Tree, Inc. (DLTR) trades at a price-to-earnings ratio of -9.0x, with a stock price of $126.48 and trailing twelve-month earnings per share of $-14.49.
The current P/E is 144% below its 5-year average of 20.2x. Over the past five years, DLTR's P/E has ranged from a low of 11.6x to a high of 27.7x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Consumer Defensive sector median P/E of 21.6x, DLTR trades at a 142% discount to its sector peers. The sector includes 150 companies with P/E ratios ranging from 0.0x to 195.7x.
Relative to the broader market, DLTR 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 DLTR 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. Dollar and Small-Box Discounters peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
DGDollar General Corporation | $34B | 30.6Lowest | -Best | -32% |
TBBBBBB Foods Inc. | $2B | 261.7 | -Best | +166%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 |
|---|---|---|---|---|---|
| FY2023 Q3 | Sat Oct 28 2023 00:00:00 GM | $108.24 | $5.27 | 20.5x | -12% |
| FY2023 Q2 | Sat Jul 29 2023 00:00:00 GM | $152.44 | $5.50 | 27.7x | +19% |
| FY2023 Q1 | Sat Apr 29 2023 00:00:00 GM | $153.71 | $6.19 | 24.8x | +6% |
| FY2022 Q4 | Sat Jan 28 2023 00:00:00 GM | $150.37 | $7.21 | 20.9x | -11% |
| FY2022 Q3 | Sat Oct 29 2022 00:00:00 GM | $158.55 | $7.18 | 22.1x | -5% |
| FY2022 Q2 | Sat Jul 30 2022 00:00:00 GM | $165.36 | $6.94 | 23.8x | +2% |
| FY2022 Q1 | Sat Apr 30 2022 00:00:00 GM | $162.45 | $6.57 | 24.7x | +6% |
| FY2021 Q4 | Sat Jan 29 2022 00:00:00 GM | $128.49 | $5.80 | 22.2x | -5% |
| FY2021 Q3 | Sat Oct 30 2021 00:00:00 GM | $107.76 | $5.92 | 18.2x | -22% |
| FY2021 Q2 | Sat Jul 31 2021 00:00:00 GM | $99.79 | $6.35 | 15.7x | -33% |
| FY2021 Q1 | Sat May 01 2021 00:00:00 GM | $114.90 | $6.22 | 18.5x | -21% |
| FY2020 Q4 | Sat Jan 30 2021 00:00:00 GM | $101.66 | $5.66 | 18.0x | -23% |
Average P/E for displayed period: 23.3x
See DLTR's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs DLTR Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare DLTR vs WMT
See how DLTR stacks up against sector leader Walmart Inc..
Start ComparisonFrequently Asked Questions
Is DLTR stock overvalued or undervalued?
DLTR trades at -9.0x P/E, below its 5-year average of 20.2x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does DLTR's valuation compare to peers?
Dollar Tree, Inc. P/E of -9.0x compares to sector median of 21.6x. The discount suggests lower growth expectations or higher risk.
What is DLTR's PEG ratio?
DLTR PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1995-2023.