Walmart Inc. (WMT) P/E Ratio History
Historical price-to-earnings valuation from 1990 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 2, 2026, Walmart Inc. (WMT) trades at a price-to-earnings ratio of 46.9x, with a stock price of $127.95 and trailing twelve-month earnings per share of $2.86.
The current P/E is 36% above its 5-year average of 34.6x. Over the past five years, WMT's P/E has ranged from a low of 25.4x to a high of 52.4x, placing the current valuation at the 95th percentile of its historical range.
Compared to the Consumer Defensive sector median P/E of 21.6x, WMT trades at a 117% premium to its sector peers. The sector includes 150 companies with P/E ratios ranging from 0.0x to 195.7x.
The PEG ratio of 4.26 (P/E divided by 13% 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, WMT commands a significant premium over 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 WMT 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. Warehouse Clubs and Supercenters peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
WMTWalmart Inc. | $1.0T | 46.9 | 4.26 | +13%Best |
COSTCostco Wholesale Corporation | $448B | 55.5 | 3.68 | +10% |
TGTTarget Corporation | $52B | 12.8Lowest | 1.87 | -1% |
BJBJ's Wholesale Club Holdings, Inc. | $13B | 24.7 | 1.02Best | +3% |
PSMTPriceSmart, Inc. | $5B | 32.1 | 2.36 | +5% |
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 | Fri Oct 31 2025 00:00:00 GM | $101.18 | $2.86 | 35.4x | +38% |
| FY2026 Q2 | $97.98 | $2.66 | 36.8x | +44% | |
| FY2026 Q1 | Wed Apr 30 2025 00:00:00 GM | $97.25 | $2.34 | 41.6x | +62% |
| FY2025 Q4 | Fri Jan 31 2025 00:00:00 GM | $98.16 | $2.41 | 40.7x | +59% |
| FY2025 Q3 | $81.95 | $2.44 | 33.6x | +31% | |
| FY2025 Q2 | Wed Jul 31 2024 00:00:00 GM | $68.64 | $1.93 | 35.6x | +39% |
| FY2025 Q1 | $59.35 | $2.34 | 25.4x | -1% | |
| FY2024 Q4 | Wed Jan 31 2024 00:00:00 GM | $55.08 | $1.92 | 28.7x | +12% |
| FY2024 Q3 | $54.47 | $2.01 | 27.2x | +6% | |
| FY2024 Q2 | Mon Jul 31 2023 00:00:00 GM | $53.29 | $1.73 | 30.8x | +20% |
| FY2024 Q1 | Sun Apr 30 2023 00:00:00 GM | $50.32 | $1.39 | 36.2x | +41% |
| FY2023 Q4 | $47.96 | $1.43 | 33.5x | +31% |
Average P/E for displayed period: 25.6x
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View ValuationCompare WMT vs COST
See how WMT stacks up against sector leader Costco Wholesale Corporation.
Start ComparisonFrequently Asked Questions
Is WMT stock overvalued or undervalued?
WMT trades at 46.9x P/E, above its 5-year average of 34.6x. The 95th percentile ranking indicates a premium to historical valuation.
How does WMT's valuation compare to peers?
Walmart Inc. P/E of 46.9x compares to sector median of 21.6x. The premium reflects expected growth above peers.
What is WMT's PEG ratio?
WMT PEG ratio is 4.26. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2026.