Feb. 17 at 7:57 AM
$WMT currently has a P/E ratio in the 46-47 range.
- Over the last 10 years, Walmart’s average P/E has been about 30, with a median of around 29.5. Walmart is trading at a large premium relative to its earnings history.
- For comparison, here are some industry peers, with their respective P/Es:
$TGT - 14x,
$DG - 26x,
$DLTR - 22x.
- Walmart will report earnings on Thursday morning. I expect to see some profit-taking.