AutoZone, Inc. (AZO) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
Founded in 1979, AutoZone is the largest US-based retailer of aftermarket automotive parts and accessories, operating over 7,600 stores and generating roughly $18.9 billion in fiscal 2025 sales. Be...
AutoZone, Inc. (AZO) currently trades at a P/E ratio of 20.56 (historical range: 15.51–29.29, median: 20.49), placing it at the 51th percentile — near its historical average, P/S ratio of 2.55 (range: 2.29–3.97, 5th percentile — cheap relative to its history), EV/EBITDA of 17.62 (range: 13.42–22.53, 66th percentile).
Over the historical period (2021-09-13 to 2026-10-16), AutoZone, Inc.'s P/E ratio has expanded by 19% over the observed period (from an average of 19.3 to 23.0).
AutoZone, Inc. trades below its historical valuation range, with most metrics below their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 20.56 | 20.49 | 51th | near its historical average |
| P/S Ratio | 2.55 | 2.94 | 5th | cheap relative to its history |
| EV/EBITDA | 17.62 | 16.92 | 66th | above its historical average |
| FCF Yield | 3.21% | 3.91% | 26th | above its historical average |
AutoZone, Inc. (AZO) Valuation & P/E History
AutoZone, Inc. (AZO) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Retail-Auto & Home Supply Stores industry currently trading at $3120.59 with a market capitalization of $50.5 billion. This page provides historical valuation analysis for AZO based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 20.56 is above the historical median of 20.49, placing AZO at the 51th percentile of its valuation range. The P/S ratio of 2.55 compares to a median of 2.94.
AZO Valuation Metrics & Historical Range
The valuation table above shows AutoZone, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether AZO is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests AZO is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for AutoZone, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is AZO Overvalued or Undervalued?
AutoZone, Inc. trades below its historical valuation range, with most metrics below their median levels. The overall valuation percentile of 41 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive AZO is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full AZO analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.AZO trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.