Latest P/E ratio for Home Depot: 23.06 — see history and peer comparisons.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Home Depot (HD) currently reports a P/E ratio of 23.06. That is below the Consumer Discretionary sector average of 51.44. Use the charts on this page to explore Home Depot's P/E ratio history and peer comparisons.
Home Depot's P/E ratio of 23.06 is lower than the Consumer Discretionary sector average of 51.44. That is roughly 55.2% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates Home Depot's market price to a fundamental measure such as earnings, sales, or book value. At 23.06, HD can look expensive or cheap only in context — versus its own history, growth rate, and Consumer Discretionary peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of 23.06, then check the historical chart for trend and the peer comparison chart for relative positioning. The Consumer Discretionary average is 51.44. From there, open related valuation or income-statement pages for Home Depot, and consider following HD for alerts when major investors trade the stock.
Home Depot is classified in the Consumer Discretionary sector. On P/E ratio, it currently shows 23.06 versus a sector average near 51.44. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Consumer Discretionary are usually more informative than comparing HD with unrelated industries.