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The Home DepotHD +0.88%82 Shiller PE Ratio is 21.61 as of Sep. 04, 2026, which is 43% below its 10-year median of 37.62. GuruFocus rates HD with a GF Score™ of 82/100 and a GF Value™ of $385.99 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 583 Retail - Cyclical companies, The Home Depot ranks worse than 57.63% on this metric.
As of today (2026-09-04), The Home Depot's current share price is $320.855. The Home Depot's E10 for the quarter that ended in Jul. 2026 was $14.85. The Home Depot's Shiller PE Ratio for today is 21.61.
The historical rank and industry rank for The Home Depot's Shiller PE Ratio or its related term are showing as below:
HD'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.38 Med: 37.62 Max: 53.27
Current: 21.61
During the past years, The Home Depot's highest Shiller PE Ratio was 53.27. The lowest was 20.38. And the median was 37.62.
HD's Shiller PE Ratio is ranked worse than 57.63% of 583
companies
in the Retail - Cyclical industry
Industry Median: 17.66
vs HD: 21.61
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
The Home Depot's adjusted earnings per share data for the three months ended in Jul. 2026 was $4.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $14.85 for the trailing ten years ended in Jul. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
The Home Depot (NYSE:HD) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
The Home Depot Shiller PE Ratio Related Terms
The Home Depot Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for The Home Depot's Shiller 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.
For the Home Improvement Retail subindustry, The Home Depot's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.
The Home Depot Shiller PE Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, The Home Depot's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where The Home Depot's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
The Home Depot's Shiller PE Ratio for today is calculated as
* 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.
The Home Depot's E10 for the quarter that ended in Jul. 2026 is calculated as:
For example, The Home Depot's adjusted earnings per share data for the three months ended in Jul. 2026 was:
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
The Home Depot (HD) has a Shiller PE Ratio of 21.61 as of Sep. 04, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on The Home Depot and its competitors. This is 43% below median its historical median of 37.62. Over the past decade, The Home Depot's Shiller PE Ratio has ranged from 20.38 to 53.27. According to the industry distribution chart, The Home Depot ranks #336 out of 583 companies in the Retail - Cyclical industry, placing it in the top 57.6%.
Is The Home Depot's Shiller PE Ratio too high?
The Home Depot's current Shiller PE Ratio of 21.61 is 43% below median its 10-year median of 37.62. Over the past 10 years, this metric has ranged from a low of 20.38 to a high of 53.27. The Retail - Cyclical industry median Shiller PE Ratio is 17.66. The Home Depot's value of 21.61 is 22.4% above this industry median. Based on the distribution chart, The Home Depot ranks #336 out of 583 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, The Home Depot has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Home Depot's Shiller PE Ratio compare to LOW and FND?
According to the Retail - Cyclical industry distribution chart, The Home Depot ranks #336 out of 583 companies for Shiller PE Ratio. This places The Home Depot in the lower half of its industry. The industry median Shiller PE Ratio is 17.66. The Home Depot's value of 21.61 is 22.4% above this benchmark. Historically, The Home Depot's own Shiller PE Ratio has ranged from 20.38 to 53.27 over the past decade. While the company's 10-year median is 37.62 vs. the industry median of 17.66, The Home Depot 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 Shiller PE Ratio for a Retail - Cyclical company?
The median Shiller PE Ratio among Retail - Cyclical companies is 17.66, based on 583 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Home Depot's current Shiller PE Ratio of 21.61 is 22.4% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on The Home Depot and its competitors. For the Retail - Cyclical industry, the median Shiller PE Ratio is 17.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Home Depot's current Shiller PE Ratio is 21.61, which is 43% below median its own 10-year median of 37.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Home Depot stock overvalued right now?
Based on GuruFocus' analysis, The Home Depot (HD) is currently considered Modestly Undervalued. The stock's GF Value™ is $385.99, compared to a current price of $320.86 — trading 16.9% below its estimated fair value. The current Shiller PE Ratio is 21.61, which is 43% below median its 10-year median of 37.62 and 22.4% above the Retail - Cyclical industry median of 17.66. The Home Depot's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For The Home Depot (HD), the current Shiller PE Ratio is 21.61 as of Sep. 04, 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 The Home Depot (HD) Overvalued in 2026?
Based on GuruFocus' analysis, The Home Depot stock appears to be undervalued.
The current stock price of $320.86 is trading 16.9% below its estimated GF Value™ of $385.99.
GuruFocus considers The Home Depot to be Modestly Undervalued.
Key valuation signals for HD:
Shiller PE Ratio: 21.61 (43% below median its 10-year median of 37.62)
GF Value™: $385.99 vs. price of $320.86 (16.9% below fair value)
Industry Position: 22.4% above the Retail - Cyclical median (#336 of 583)
No single metric tells the full story. See the HD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Home Depot is the world's largest home improvement specialty retailer, operating 2,361 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The 2024 tie-up with SRS will help grow professional demand in roofing, pool, and landscaping projects, while the 2025 purchase of GMS will lift building product sales through 1,250 distribution locations.
82GF Score
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