Start with its own history
At 19.00×, GME is 88.3% below its 5-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · GMESpecialty RetailUpdated Nov 2, 2026
GameStop Corp. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
19.00×
88.3% belowthe 5-observation annual average
Share price24.32
÷Earnings per share1.28
Price and EPS in quote currency. Calculation details
Investors are paying 19.00 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 162.06×
3-year average251.34×3 positive annual observations
5-year average251.34×3 positive annual observations
10-year average162.06×5 positive annual observations
Peer median · TTM23.12×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 24 observations
| Period end | P/E | Change |
|---|---|---|
| Jan 31, 2026 | 25.68× | -68.5% |
| Jan 31, 2025 | 81.52× | -87.4% |
| Jan 31, 2024 | 646.82× | N/M |
| Jan 31, 2023 | N/M | N/M |
| Jan 31, 2022 | N/M | N/M |
| Jan 31, 2021 | N/M | N/M |
| Jan 31, 2020 | N/M | N/M |
| Jan 31, 2019 | N/M | N/M |
View all 24 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Jan 31, 2018 | 49.07× | +581.5% |
| Jan 31, 2017 | 7.20× | +2.1% |
| Jan 31, 2016 | 7.05× | -29.6% |
| Jan 31, 2015 | 10.01× | -13.2% |
| Jan 31, 2014 | 11.54× | N/M |
| Jan 31, 2013 | N/M | N/M |
| Jan 31, 2012 | 9.57× | +21.7% |
| Jan 31, 2011 | 7.87× | -10.0% |
| Jan 31, 2010 | 8.74× | -14.0% |
| Jan 31, 2009 | 10.16× | -63.7% |
| Jan 31, 2008 | 28.02× | +9.1% |
| Jan 31, 2007 | 25.69× | +12.1% |
| Jan 31, 2006 | 22.91× | +34.2% |
| Jan 31, 2005 | 17.07× | +14.9% |
| Jan 31, 2004 | 14.86× | +68.2% |
| Jan 31, 2003 | 8.83× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How GME compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 GME This stockGameStop Corp. | 19.00× |
 BBYBest Buy Co., Inc. | 16.03× |
 NEGGNewegg Commerce, Inc. | 21.92× |
 CRSRCorsair Gaming, Inc. | 39.08× |
 TTWOTake-Two Interactive Software, Inc. | N/M |
 NTDOYNintendo Co., Ltd. | 19.88× |
 KONMYKonami Group Corporation | 26.65× |
 CCOEYCapcom Co., Ltd. | 23.12× |
 SQNXFSquare Enix Holdings Co., Ltd. | 28.43× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does GME’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 23.12×. 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 GME 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("GME", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 24.32 ÷ EPS 1.28 = 19.00×. 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.
GME P/E ratio: common questions
The essentials behind the numbers.
GameStop Corp.'s current P/E is 19.00× 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.