Lowe's Companies, Inc. (LOW) P/E Ratio History
Fairly ValuedTrading at 18.7x, near 5Y avg of 19.3x · 30th percentile · In line with own history · Data 1990–2026
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P/E Ratio Analysis
As of June 22, 2026, Lowe's Companies, Inc. (LOW) trades at a price-to-earnings ratio of 18.7x, with a stock price of $222.10 and trailing twelve-month earnings per share of $11.86.
The current P/E is roughly in line with its 5-year average of 19.3x. Over the past five years, LOW's P/E has ranged from a low of 15.0x to a high of 22.5x, placing the current valuation at the 30th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 21.2x, LOW is roughly in line with its sector peers. The sector includes 307 companies with P/E ratios ranging from 0.1x to 184.9x.
The PEG ratio of 2.11 (P/E divided by -3% 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, LOW trades at a notable discount to the S&P 500 median P/E of 24.4x. 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 LOW 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.
LOW Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
LOW P/E vs Peers
Home improvement and flooring retailers peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $333B | 23.5 | 6.58 | -5% | |
| $16B | 14.7 | 1.46Best | +1% | |
| $6B | 27.6 | - | +1% | |
| $9B | 20.7 | 2.62 | -57% | |
| $15B | 19.3 | 3.88 | +3% | |
| $79B | 31.2 | 4.51 | -3% | |
| $27B | 25.7 | 1.66 | +1% | |
| $3B | 6.9Lowest | - | +196%Best | |
| $7B | 18.9 | - | -27% | |
| $7B | 22.3 | - | +18% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
LOW Historical P/E Data (1990–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | May 01 2026 | $233.33 | $11.83 | 19.7x | -21% |
| FY2025 Q4 | Jan 30 2026 | $267.06 | $11.85 | 22.5x | -10% |
| FY2025 Q3 | Oct 31 2025 | $238.13 | $12.07 | 19.7x | -21% |
| FY2025 Q2 | Aug 01 2025 | $226.40 | $12.18 | 18.6x | -26% |
| FY2025 Q1 | May 02 2025 | $227.19 | $12.08 | 18.8x | -25% |
| FY2024 Q4 | Jan 31 2025 | $260.04 | $12.22 | 21.3x | -15% |
| FY2024 Q3 | Nov 01 2024 | $261.94 | $11.99 | 21.8x | -13% |
| FY2024 Q2 | Aug 02 2024 | $240.42 | $12.07 | 19.9x | -21% |
| FY2024 Q1 | May 03 2024 | $232.13 | $12.46 | 18.6x | -26% |
| FY2023 Q4 | Jan 31 2024 | $212.84 | $13.18 | 16.1x | -36% |
| FY2023 Q3 | Nov 03 2023 | $194.94 | $12.99 | 15.0x | -40% |
| FY2023 Q2 | Aug 04 2023 | $223.12 | $10.17 | 21.9x | -13% |
| FY2023 Q1 | May 05 2023 | $205.81 | $10.28 | 20.0x | -20% |
| FY2022 Q4 | - | $208.25 | $10.01 | 20.8x | -17% |
| FY2022 Q3 | Oct 28 2022 | $198.73 | $10.21 | 19.5x | -23% |
| FY2022 Q2 | Jul 29 2022 | $191.53 | $12.69 | 15.1x | -40% |
| FY2022 Q1 | Apr 29 2022 | $197.73 | $12.27 | 16.1x | -36% |
| FY2021 Q4 | Jan 31 2022 | $237.35 | $11.97 | 19.8x | -21% |
| FY2021 Q3 | Oct 29 2021 | $233.82 | $11.51 | 20.3x | -19% |
| FY2021 Q2 | Jul 30 2021 | $192.69 | $9.69 | 19.9x | -21% |
| FY2021 Q1 | Apr 30 2021 | $196.25 | $9.18 | 21.4x | -15% |
| FY2020 Q4 | Jan 31 2021 | $166.85 | $7.73 | 21.6x | -14% |
| FY2020 Q3 | Oct 30 2020 | $158.10 | $7.07 | 22.4x | -11% |
| FY2020 Q2 | Jul 31 2020 | $148.91 | $7.52 | 19.8x | -21% |
| FY2020 Q1 | May 01 2020 | $104.46 | $5.92 | 17.6x | -30% |
| FY2019 Q4 | Jan 31 2020 | $116.24 | $5.47 | 21.3x | -15% |
| FY2019 Q3 | Nov 01 2019 | $112.95 | $3.78 | 29.9x | +19% |
| FY2019 Q2 | Aug 02 2019 | $99.23 | $3.20 | 31.0x | +23% |
| FY2019 Q1 | May 03 2019 | $112.36 | $2.92 | 38.5x | +53% |
| FY2018 Q4 | - | $96.16 | $2.80 | 34.3x | +37% |
| FY2018 Q3 | Nov 02 2018 | $96.82 | $4.50 | 21.5x | -14% |
| FY2018 Q2 | Aug 03 2018 | $97.63 | $4.77 | 20.5x | -19% |
| FY2018 Q1 | May 04 2018 | $84.23 | $4.59 | 18.4x | -27% |
| FY2017 Q4 | Jan 31 2018 | $104.73 | $4.10 | 25.5x | +2% |
| FY2017 Q3 | Nov 03 2017 | $77.92 | $4.17 | 18.7x | -26% |
| FY2017 Q2 | Aug 04 2017 | $78.37 | $3.55 | 22.1x | -12% |
| FY2017 Q1 | May 05 2017 | $86.00 | $3.18 | 27.0x | +8% |
| FY2016 Q4 | - | $73.08 | $3.46 | 21.1x | -16% |
| FY2016 Q3 | Oct 28 2016 | $67.03 | $2.73 | 24.6x | -2% |
| FY2016 Q2 | Jul 29 2016 | $82.28 | $3.10 | 26.5x | +6% |
| FY2016 Q1 | Apr 29 2016 | $76.02 | $2.99 | 25.4x | +1% |
| FY2015 Q4 | Jan 31 2016 | $71.66 | $2.71 | 26.4x | +5% |
| FY2015 Q3 | Oct 30 2015 | $73.83 | $3.16 | 23.4x | -7% |
| FY2015 Q2 | Jul 31 2015 | $69.36 | $2.95 | 23.5x | -6% |
| FY2015 Q1 | May 01 2015 | $70.70 | $2.79 | 25.3x | +1% |
| FY2014 Q4 | Jan 31 2015 | $67.76 | $2.70 | 25.1x | -0% |
| FY2014 Q3 | Oct 31 2014 | $57.20 | $2.53 | 22.6x | -10% |
| FY2014 Q2 | Aug 01 2014 | $47.59 | $2.41 | 19.7x | -21% |
| FY2014 Q1 | May 02 2014 | $46.98 | $2.25 | 20.9x | -17% |
| FY2013 Q4 | Jan 31 2014 | $46.29 | $2.13 | 21.7x | -13% |
| FY2013 Q3 | Nov 01 2013 | $49.18 | $2.10 | 23.4x | -7% |
| FY2013 Q2 | Aug 02 2013 | $44.99 | $1.98 | 22.7x | -10% |
| FY2013 Q1 | May 03 2013 | $39.59 | $1.74 | 22.8x | -9% |
| FY2012 Q4 | - | $38.19 | $1.68 | 22.7x | -9% |
| FY2012 Q3 | Nov 02 2012 | $33.15 | $1.68 | 19.7x | -21% |
| FY2012 Q2 | Aug 03 2012 | $25.49 | $1.51 | 16.9x | -33% |
| FY2012 Q1 | May 04 2012 | $31.09 | $1.51 | 20.6x | -18% |
| FY2011 Q4 | - | $26.83 | $1.42 | 18.9x | -25% |
| FY2011 Q3 | Oct 28 2011 | $21.37 | $1.37 | 15.6x | -38% |
| FY2011 Q2 | Jul 29 2011 | $21.58 | $1.48 | 14.6x | -42% |
| FY2011 Q1 | Apr 29 2011 | $26.25 | $1.42 | 18.5x | -26% |
| FY2010 Q4 | Jan 31 2011 | $24.80 | $1.42 | 17.5x | -30% |
| FY2010 Q3 | Oct 29 2010 | $21.34 | $1.35 | 15.8x | -37% |
| FY2010 Q2 | Jul 30 2010 | $20.74 | $1.29 | 16.1x | -36% |
| FY2010 Q1 | Apr 30 2010 | $27.12 | $1.22 | 22.2x | -11% |
| FY2009 Q4 | Jan 31 2010 | $21.65 | $1.20 | 18.0x | -28% |
| FY2009 Q3 | Oct 30 2009 | $19.57 | $1.17 | 16.7x | -33% |
| FY2009 Q2 | Jul 31 2009 | $22.46 | $1.27 | 17.7x | -30% |
| FY2009 Q1 | May 01 2009 | $20.85 | $1.39 | 15.0x | -40% |
| FY2008 Q4 | Jan 31 2009 | $18.27 | $1.48 | 12.3x | -51% |
| FY2008 Q3 | Oct 31 2008 | $21.70 | $1.65 | 13.2x | -48% |
| FY2008 Q2 | Aug 01 2008 | $20.30 | $1.75 | 11.6x | -54% |
| FY2008 Q1 | May 02 2008 | $26.13 | $1.79 | 14.6x | -42% |
| FY2007 Q4 | - | $26.43 | $1.86 | 14.2x | -43% |
| FY2007 Q3 | Nov 02 2007 | $26.00 | $1.98 | 13.1x | -48% |
| FY2007 Q2 | Aug 03 2007 | $27.45 | $2.01 | 13.7x | -46% |
| FY2007 Q1 | May 04 2007 | $30.45 | $1.94 | 15.7x | -38% |
| FY2006 Q4 | Jan 31 2007 | $33.71 | $1.99 | 16.9x | -33% |
| FY2006 Q3 | Nov 03 2006 | $29.05 | $2.02 | 14.4x | -43% |
| FY2006 Q2 | Aug 04 2006 | $28.78 | $1.96 | 14.7x | -42% |
| FY2006 Q1 | May 05 2006 | $32.66 | $1.88 | 17.4x | -31% |
| FY2005 Q4 | - | $31.78 | $1.72 | 18.5x | -26% |
| FY2005 Q3 | Oct 28 2005 | $29.91 | $1.60 | 18.7x | -26% |
| FY2005 Q2 | Jul 29 2005 | $33.11 | $1.53 | 21.6x | -14% |
| FY2005 Q1 | Apr 29 2005 | $26.06 | $1.45 | 18.0x | -28% |
| FY2004 Q4 | Jan 31 2005 | $28.50 | $1.36 | 21.0x | -17% |
| FY2004 Q3 | Oct 29 2004 | $28.14 | $1.90 | 14.8x | -41% |
| FY2004 Q2 | Jul 30 2004 | $24.36 | $1.85 | 13.2x | -48% |
| FY2004 Q1 | Apr 30 2004 | $26.03 | $1.79 | 14.5x | -42% |
| FY2003 Q4 | Jan 31 2004 | $26.78 | $1.78 | 15.0x | -40% |
| FY2003 Q3 | Oct 31 2003 | $29.46 | $1.13 | 26.1x | +4% |
| FY2003 Q2 | Aug 01 2003 | $23.50 | $1.07 | 22.0x | -13% |
| FY2003 Q1 | May 02 2003 | $22.07 | $0.99 | 22.3x | -11% |
| FY2002 Q4 | Jan 31 2003 | $17.09 | $0.94 | 18.2x | -28% |
| FY2002 Q3 | Nov 01 2002 | $21.05 | $0.88 | 23.9x | -5% |
| FY2002 Q2 | Aug 02 2002 | $16.75 | $0.82 | 20.4x | -19% |
| FY2002 Q1 | May 03 2002 | $21.81 | $0.73 | 29.9x | +19% |
| FY2001 Q4 | - | $23.04 | $0.65 | 35.4x | +41% |
| FY2001 Q3 | Nov 02 2001 | $18.40 | $0.60 | 30.6x | +22% |
| FY2001 Q2 | Aug 03 2001 | $18.46 | $0.57 | 32.3x | +29% |
| FY2001 Q1 | May 04 2001 | $16.05 | $0.54 | 29.6x | +18% |
| FY2000 Q4 | Jan 31 2001 | $13.36 | $0.52 | 25.6x | +2% |
| FY2000 Q3 | Oct 27 2000 | $10.47 | $0.53 | 19.9x | -21% |
| FY2000 Q2 | Jul 28 2000 | $10.56 | $0.51 | 20.8x | -17% |
| FY2000 Q1 | Apr 28 2000 | $12.38 | $0.48 | 26.0x | +3% |
| FY1999 Q4 | Jan 31 2000 | $11.16 | $0.44 | 25.4x | +1% |
| FY1999 Q3 | Oct 29 1999 | $13.84 | $0.41 | 34.1x | +36% |
| FY1999 Q2 | Jul 30 1999 | $13.19 | $0.38 | 34.9x | +39% |
| FY1999 Q1 | Apr 30 1999 | $13.19 | $0.35 | 37.9x | +51% |
| FY1998 Q4 | Jan 31 1999 | $14.58 | $0.33 | 43.8x | +74% |
| FY1998 Q3 | Oct 30 1998 | $8.44 | $0.32 | 26.3x | +5% |
| FY1998 Q2 | Jul 31 1998 | $9.63 | $0.30 | 32.0x | +27% |
| FY1998 Q1 | May 01 1998 | $8.70 | $0.27 | 31.8x | +26% |
| FY1997 Q4 | Jan 31 1998 | $6.32 | $0.26 | 24.4x | -3% |
| FY1997 Q3 | Oct 31 1997 | $5.20 | $0.25 | 21.0x | -17% |
| FY1997 Q2 | Aug 01 1997 | $4.63 | $0.24 | 19.2x | -23% |
| FY1997 Q1 | May 02 1997 | $4.69 | $0.23 | 20.1x | -20% |
| FY1996 Q4 | Jan 31 1997 | $4.14 | $0.22 | 19.0x | -24% |
| FY1996 Q3 | - | $5.02 | $0.21 | 24.2x | -4% |
| FY1996 Q2 | Jul 31 1996 | $4.08 | $0.19 | 21.7x | -14% |
| FY1996 Q1 | - | $4.05 | $0.17 | 24.1x | -4% |
| FY1995 Q4 | Jan 31 1996 | $3.89 | $0.18 | 22.2x | -12% |
| FY1995 Q3 | - | $3.38 | $0.18 | 18.5x | -26% |
| FY1995 Q2 | Jul 31 1995 | $4.61 | $0.19 | 24.3x | -3% |
| FY1995 Q1 | Apr 30 1995 | $3.61 | $0.18 | 19.8x | -21% |
| FY1994 Q4 | - | $4.59 | $0.18 | 25.5x | +2% |
| FY1994 Q3 | Oct 31 1994 | $4.97 | $0.16 | 30.1x | +20% |
| FY1994 Q2 | Jul 31 1994 | $4.50 | $0.15 | 30.0x | +20% |
| FY1994 Q1 | Apr 30 1994 | $4.42 | $0.13 | 33.4x | +33% |
| FY1993 Q4 | Jan 31 1994 | $3.81 | $0.11 | 33.2x | +32% |
| FY1993 Q3 | Oct 31 1993 | $2.91 | $0.10 | 28.0x | +12% |
| FY1993 Q2 | Jul 31 1993 | $2.35 | $0.09 | 25.0x | -0% |
| FY1993 Q1 | Apr 30 1993 | $1.91 | $0.08 | 23.5x | -7% |
| FY1992 Q4 | Jan 31 1993 | $1.73 | $0.08 | 21.9x | -13% |
| FY1992 Q3 | Oct 31 1992 | $1.19 | $0.03 | 45.9x | +83% |
| FY1992 Q2 | Jul 31 1992 | $1.48 | $0.02 | 70.8x | +182% |
| FY1992 Q1 | - | $1.18 | $0.02 | 74.2x | +195% |
| FY1991 Q4 | Jan 31 1992 | $1.28 | $0.00 | 376.5x | +1399% |
| FY1991 Q3 | - | $0.81 | $0.05 | 16.3x | -35% |
| FY1991 Q2 | Jul 31 1991 | $1.07 | $0.05 | 21.6x | -14% |
| FY1991 Q1 | - | $1.04 | $0.05 | 20.0x | -20% |
| FY1990 Q4 | - | $0.80 | $0.06 | 12.9x | -49% |
| FY1990 Q3 | Oct 31 1990 | $0.60 | $0.07 | 9.1x | -64% |
Average P/E for displayed period: 25.1x
Full Stock Analysis
Deep dive into LOW consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
36+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
LOW — Frequently Asked Questions
Quick answers to the most common questions about buying LOW stock.
What is LOW's P/E ratio?
Lowe's Companies, Inc. (LOW) trailing twelve-month P/E ratio is 18.7x, based on TTM diluted EPS of $11.86. The 5-year average P/E is 19.3x and the historical range spans 15.0x to 22.5x.
Is LOW stock overvalued or undervalued?
LOW trades at 18.7x P/E, near its 5-year average of 19.3x. The 30th percentile ranking within the 15.0x–22.5x historical range places valuation within normal bounds.
Is LOW stock expensive?
LOW is fairly valued relative to its own history. The current P/E of 18.7x is near the 5-year average of 19.3x (30th percentile of historical range).
What is LOW's historical P/E range?
Over the past 5 years, LOW's P/E ratio has ranged from 15.0x to 22.5x, with a median of 19.8x and an average of 19.3x. The current P/E of 18.7x places the stock at the 30th percentile of this range. Full historical data spans 1990–2026.
How does LOW's P/E compare to the S&P 500?
LOW trades at 18.7x P/E versus the S&P 500 median of 24.4x. The 23% discount to the market suggests lower growth expectations or perceived higher risk.
How does LOW's valuation compare to Consumer Cyclical peers?
Lowe's Companies, Inc. P/E of 18.7x compares to the Consumer Cyclical sector median of 21.2x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is LOW's PEG ratio?
LOW PEG ratio is 2.11, based on a P/E of 18.7x and EPS growth of -3.1%. A PEG above 2.0 indicates a premium valuation relative to earnings growth — typically considered expensive.
What is LOW's earnings yield?
LOW earnings yield is 5.34%, the inverse of its 18.7x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.