Dollar Tree, Inc. (DLTR) P/E Ratio History
Historical price-to-earnings valuation from 1995 to 2025
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DLTR Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Dollar Tree, Inc. (DLTR) trades at a price-to-earnings ratio of 16.2x, with a stock price of $96.51 and trailing twelve-month earnings per share of $6.42.
The current P/E is 20% below its 5-year average of 20.4x. 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 20th percentile of its historical range.
Compared to the Consumer Defensive sector median P/E of 19.6x, DLTR trades at a 17% discount to its sector peers. The sector includes 149 companies with P/E ratios ranging from 0.0x to 193.7x.
The PEG ratio of 16.15 (P/E divided by 142% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, DLTR trades at a notable discount to the S&P 500 median P/E of 25.2x. 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.
DLTR P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $26B | 17.0 | - | +34% | |
| $13B | 36.3 | 1.51Best | +40% | |
| $1.0T | 47.6 | 4.33 | +13% | |
| $59B | 16.0 | - | -8% | |
| $5B | 33.2 | 2.44 | +5% | |
| $5B | 21.5 | 19.25 | +20% | |
| $346B | 22.7 | 4.07 | +8% | |
| $33B | 16.3 | - | -20% | |
| $11B | 13.8Lowest | - | +190%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
DLTR Historical P/E Data (1995–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Sat Jan 31 2026 00:00:00 GM | $117.59 | $6.25 | 18.8x | -19% |
| 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 | +7% |
| FY2022 Q4 | Sat Jan 28 2023 00:00:00 GM | $150.37 | $7.21 | 20.9x | -10% |
| 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% |
Average P/E for displayed period: 23.3x
Full DLTR Stock Analysis
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Start ComparisonDLTR — Frequently Asked Questions
Quick answers to the most common questions about buying DLTR stock.
Is DLTR stock overvalued or undervalued?
DLTR trades at 16.2x P/E, below its 5-year average of 20.4x. At the 20th 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 16.2x compares to sector median of 19.6x. The discount suggests lower growth expectations or higher risk.
What is DLTR's PEG ratio?
DLTR PEG ratio is 16.15. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1995-2025.