Start with its own history
At 14.87×, DLB is 55.1% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · DLBSoftware - ApplicationUpdated Nov 2, 2026
Dolby Laboratories, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
14.87×
55.1% belowthe 10-year annual average
Share price62.47
÷Earnings per share4.2
Price and EPS in quote currency. Calculation details
Investors are paying 14.87 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 33.11×
3-year average31.48×3 positive annual observations
5-year average31.99×5 positive annual observations
10-year average33.11×10 positive annual observations
Peer median · TTM13.70×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 21 observations
| Period end | P/E | Change |
|---|---|---|
| Sep 26, 2025 | 27.21× | -1.4% |
| Sep 27, 2024 | 27.59× | -30.4% |
| Sep 29, 2023 | 39.63× | +11.9% |
| Sep 30, 2022 | 35.41× | +17.6% |
| Sep 24, 2021 | 30.12× | +6.6% |
| Sep 25, 2020 | 28.26× | +9.7% |
| Sep 30, 2019 | 25.75× | -56.1% |
| Sep 30, 2018 | 58.72× | +102.1% |
View all 21 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2017 | 29.05× | -1.0% |
| Sep 30, 2016 | 29.35× | +57.5% |
| Sep 30, 2015 | 18.63× | -10.0% |
| Sep 30, 2014 | 20.69× | +11.5% |
| Sep 30, 2013 | 18.55× | +42.0% |
| Sep 30, 2012 | 13.07× | +32.4% |
| Sep 30, 2011 | 9.87× | -56.6% |
| Sep 30, 2010 | 22.72× | +27.9% |
| Sep 30, 2009 | 17.76× | -9.6% |
| Sep 30, 2008 | 19.66× | -28.0% |
| Sep 30, 2007 | 27.32× | +17.0% |
| Sep 30, 2006 | 23.35× | -21.2% |
| Sep 30, 2005 | 29.63× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How DLB compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 DLB This stockDolby Laboratories, Inc. | 14.87× |
 EXLSExlService Holdings, Inc. | 24.89× |
 KDKyndryl Holdings, Inc. | 9.23× |
 GGenpact Limited | 11.68× |
 WAYWaystar Holding Corp. | 38.70× |
 GDSGDS Holdings Limited | 7.98× |
 INGMIngram Micro Holding Corporation | 14.25× |
 FOURShift4 Payments, Inc. | 66.83× |
 CRUSCirrus Logic, Inc. | 13.16× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does DLB’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 13.70×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take DLB into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("DLB", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 62.47 ÷ EPS 4.2 = 14.87×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
DLB P/E ratio: common questions
The essentials behind the numbers.
Dolby Laboratories, Inc.'s current P/E is 14.87× based on the quote data last updated Nov 2, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.