DLMAY (Dollarama) PEG Ratio: 2.04 (As of Jun. 30, 2026) — 28% Above Median


DLMAY Dollarama Inc DLMAY
74 GF Score
Price $14.44
GF Value $13.66
Valuation Fairly Valued
! 1 Warning Sign
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What is Dollarama PEG Ratio?

Dollarama DLMAY -7.55% 74 PEG Ratio is 2.04 as of Jun. 30, 2026, which is 28% above its 10-year median of 1.59. GuruFocus rates DLMAY with a GF Score™ of 74/100 and a GF Value™ of $13.66 (Fairly Valued). The stock has 1 warning sign investors should review. Among 155 Retail - Defensive companies, Dollarama ranks worse than 55.48% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Dollarama's PE Ratio without NRI is 41.38. Dollarama's 5-Year EBITDA growth rate is 20.30%. Therefore, Dollarama's PEG Ratio for today is 2.04.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Dollarama's PEG Ratio or its related term are showing as below:

DLMAY' s PEG Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.59   Max: 2.47
Current: 1.96


During the past 13 years, Dollarama's highest PEG Ratio was 2.47. The lowest was 0.68. And the median was 1.59.


DLMAY's PEG Ratio is ranked worse than
55.48% of 155 companies
in the Retail - Defensive industry
Industry Median: 1.63 vs DLMAY: 1.96

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Dollarama  (OTCPK:DLMAY) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Dollarama PEG Ratio Related Terms


Dollarama PEG Ratio Historical Data

* Premium members only.

The historical data trend for Dollarama's PEG 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 PEG Ratio Chart

Dollarama Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 2.23 1.86 1.70 1.86

Dollarama Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 2.05 1.87 1.86 1.74

DLMAY vs WMT, COST, TGT: PEG Ratio Comparison

For the Discount Stores subindustry, Dollarama's PEG Ratio, along with its competitors' market caps and PEG 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 PEG Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dollarama's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Dollarama's PEG Ratio falls into.


DLMAY
74GF Score
Dollarama Inc DLMAY
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dollarama PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Dollarama's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=41.375358166189/20.30
=2.04

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 2.04 mean?
Dollarama (DLMAY) has a PEG Ratio of 2.04 as of Jun. 30, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Dollarama and its competitors. This is 28% above median its historical median of 1.59. Over the past decade, Dollarama's PEG Ratio has ranged from 0.68 to 2.47. According to the industry distribution chart, Dollarama ranks #86 out of 155 companies in the Retail - Defensive industry, placing it in the top 55.5%.
Is Dollarama's PEG Ratio too high?
Dollarama's current PEG Ratio of 2.04 is 28% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.47. The Retail - Defensive industry median PEG Ratio is 1.63. Dollarama's value of 2.04 is 25.2% above this industry median. Based on the distribution chart, Dollarama ranks #86 out of 155 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Dollarama has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dollarama's PEG Ratio compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Dollarama ranks #86 out of 155 companies for PEG Ratio. This places Dollarama in the lower half of its industry. The industry median PEG Ratio is 1.63. Dollarama's value of 2.04 is 25.2% above this benchmark. Historically, Dollarama's own PEG Ratio has ranged from 0.68 to 2.47 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.63, Dollarama has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Retail - Defensive company?
The median PEG Ratio among Retail - Defensive companies is 1.63, based on 155 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dollarama's current PEG Ratio of 2.04 is 25.2% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Dollarama and its competitors. For the Retail - Defensive industry, the median PEG Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollarama's current PEG Ratio is 2.04, which is 28% above median its own 10-year median of 1.59. 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 (DLMAY) is currently considered Fairly Valued. The stock's GF Value™ is $13.66, compared to a current price of $14.44 — trading 5.7% above its estimated fair value. The current PEG Ratio is 2.04, which is 28% above median its 10-year median of 1.59 and 25.2% above the Retail - Defensive industry median of 1.63. Dollarama's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Dollarama (DLMAY), the current PEG Ratio is 2.04 as of Jun. 30, 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 (DLMAY) Overvalued in 2026?

Based on GuruFocus' analysis, Dollarama stock appears to be overvalued. The current stock price of $14.44 is trading 5.7% above its estimated GF Value™ of $13.66. GuruFocus considers Dollarama to be Fairly Valued.

Key valuation signals for DLMAY:

  • PEG Ratio: 2.04 (28% above median its 10-year median of 1.59)
  • GF Value™: $13.66 vs. price of $14.44 (5.7% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 25.2% above the Retail - Defensive median (#86 of 155)

No single metric tells the full story. See the DLMAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dollarama Business Description

Address 5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1
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.
74GF Score

Get the complete analysis for DLMAY

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.44
Price
$13.66
GF Value