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DollaramaDLMAF +0.36%93 Forward PE Ratio is 37.09 as of Jul. 16, 2026. GuruFocus rates DLMAF with a GF Score™ of 93/100 and a GF Value™ of $131.38 (Fairly Valued). The stock has 1 warning sign investors should review. Among 129 Retail - Defensive companies, Dollarama ranks worse than 91.47% on this metric.
Dollarama (OTCPK:DLMAF) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Dollarama Forward PE Ratio Related Terms
Dollarama Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Dollarama's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dollarama Forward PE Ratio Chart
Dollarama Annual Data
Trend
2016-01
2017-01
2018-01
2019-01
2020-01
2021-01
2022-01
2023-01
2024-01
2025-01
2026-01
Forward PE Ratio
19.49
21.46
28.74
15.97
18.76
18.42
21.05
22.32
22.73
31.26
35.36
Dollarama Quarterly Data
2016-01
2016-04
2016-07
2016-10
2017-01
2017-04
2017-07
2017-10
2018-01
2018-04
2018-07
2018-10
2019-01
2019-04
2019-07
2019-10
2020-01
2020-04
2020-07
2020-10
2021-01
2021-04
2021-07
2021-10
2022-01
2022-04
2022-07
2022-10
2023-01
2023-04
2023-07
2023-10
2024-01
2024-04
2024-07
2024-10
2025-01
2025-04
2025-07
2025-10
2026-01
2026-04
Forward PE Ratio
19.49
23.09
23.87
20.16
21.46
24.57
25.32
23.98
28.74
24.88
23.53
17.92
15.97
19.92
22.88
18.38
18.76
19.76
22.12
17.24
18.42
21.46
22.08
17.64
21.05
23.31
24.33
21.32
22.32
23.36
23.87
21.05
22.73
25.71
29.15
30.33
31.26
39.28
39.90
35.28
35.36
33.49
DLMAF vs WMT, COST, TGT: Forward PE Ratio Comparison
For the Discount Stores subindustry, Dollarama's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dollarama Forward PE Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Dollarama's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Dollarama's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Dollarama (DLMAF) has a Forward PE Ratio of 37.09 as of Jul. 16, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Dollarama and its competitors. According to the industry distribution chart, Dollarama ranks #118 out of 129 companies in the Retail - Defensive industry, placing it in the top 91.5%.
Is Dollarama's Forward PE Ratio too high?
Dollarama's current Forward PE Ratio is 37.09. The Retail - Defensive industry median Forward PE Ratio is 14.48. Dollarama's value of 37.09 is 156.1% above this industry median. Based on the distribution chart, Dollarama ranks #118 out of 129 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Dollarama has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dollarama's Forward PE Ratio compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Dollarama ranks #118 out of 129 companies for Forward PE Ratio. This places Dollarama in the lower half of its industry. The industry median Forward PE Ratio is 14.48. Dollarama's value of 37.09 is 156.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Retail - Defensive company?
The median Forward PE Ratio among Retail - Defensive companies is 14.48, based on 129 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dollarama's current Forward PE Ratio of 37.09 is 156.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Dollarama and its competitors. For the Retail - Defensive industry, the median Forward PE Ratio is 14.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollarama's current Forward PE Ratio is 37.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollarama stock overvalued right now?
Based on GuruFocus' analysis, Dollarama (DLMAF) is currently considered Fairly Valued. The stock's GF Value™ is $131.38, compared to a current price of $134.68 — trading 2.5% above its estimated fair value. The current Forward PE Ratio is 37.09 and 156.1% above the Retail - Defensive industry median of 14.48. Dollarama's overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Dollarama (DLMAF), the current Forward PE Ratio is 37.09 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dollarama (DLMAF) Overvalued in 2026?
Based on GuruFocus' analysis, Dollarama stock appears to be overvalued.
The current stock price of $134.68 is trading 2.5% above its estimated GF Value™ of $131.38.
GuruFocus considers Dollarama to be Fairly Valued.
Key valuation signals for DLMAF:
Forward PE Ratio: 37.09
GF Value™: $131.38 vs. price of $134.68 (2.5% above fair value)
Industry Position: 156.1% above the Retail - Defensive median (#118 of 129)
No single metric tells the full story. See the DLMAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dollarama is Canada's largest dollar store chain that sells a broad range of everyday consumables and household items at low fixed price points, currently capped at CAD 5. General merchandise and consumables make up 90% of total sales, and the rest is from festivity-related seasonal items. The retailer operates close to 1,700 stores across Canada, mostly in convenient locations in metropolitan areas, midsize cities, and small towns. It also holds a 60% stake in South American value retailer Dollarcity, which operates more than 600 stores across Colombia, Guatemala, El Salvador, Peru, and Mexico. In 2025, the firm closed its CAD 234 million acquisition of Australian retail chain The Reject Shop, which operates about 400 stores.
93GF Score
Get the complete analysis for DLMAF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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