Dow Jones
IndexDow Jones P/E ratio: 26.6
The Dow Jones Industrial Average trades at 26.6× trailing 12-month earnings (as of market close, Sep 4, 2026) — the index's total market value over the total profits of its members, as filed with the SEC. The median member trades at 25.9×, and the fund-factsheet method — a weighted harmonic mean of members' own multiples, which leaves out the ones losing money — puts the same basket at 21.3×.
- Trailing P/E
- 26.6
- Median member
- 25.9
- Factsheet method
- 21.3×
- Price/Book
- 5.3
Where members trade: P/E distribution#
One number hides the spread. For each trailing-P/E range: the thick bar is the share of index weight, the thin bar the share of members — where they diverge, that range is dominated by a few giants (or a crowd of small names).
"n/a" = loss-making members or no earnings data. Tickers are each range's largest members (hover for the exact P/E). 100.0% of tracked index weight has a valid trailing P/E.
Every member on one map#
The same 30 members as a treemap: sized by market cap, grouped by sector, colored by trailing P/E rank within the index — so you can see WHERE the cheap and expensive pockets sit. Click a tile for the company's quote page, or open the full heatmap to switch universes and metrics (P/S, P/B, P/FCF, valuation percentiles).
FAQ#
- What is the P/E ratio of the Dow Jones Industrial Average?
- The Dow Jones Industrial Average's price-to-earnings ratio is currently about 26.6 on trailing 12-month earnings — the combined market value of every member divided by their combined SEC-filed profits.
- Is the Dow's P/E high right now?
- Compare it with the median member (25.9×) and with the S&P 500's multiple and long-run history on our S&P 500 P/E page. The Dow's multiple usually sits close to the broad market's.
- How is the index P/E calculated?
- Total market capitalisation of the members divided by their total trailing-twelve-month net income — the aggregate, which is what an index P/E means and the only version that is additive: a sector's contribution is a share of one sum. Earnings come from our SEC EDGAR pipeline (TTM as filed), so companies that lost money subtract from the total rather than being quietly dropped, and the number reconciles exactly with the $948B on our Dow earnings page — multiply this P/E by those earnings and you get the index's market value back. Every page on this site that divides by earnings uses this same figure. The alternative you will see on fund factsheets — the weighted harmonic mean of members' own P/Es (21.3 for this basket) — answers a different question: it excludes loss-makers and anything outside 3–1000×, and weights by float-adjusted index weight.
Notes & related#
Current values are computed bottom-up: index weights from the tracking fund's SEC N-PORT filing (rolled forward daily by price), member earnings from our SEC EDGAR pipeline (TTM, as filed; Twelve Data fallback where a filing hasn't landed yet), refreshed with each market close. We do not publish a forward P/E: analyst consensus is stated on ADJUSTED earnings, which add back write-offs and acquisition amortisation, while every figure here is net income as filed — Broadcom alone carries $6.01 of trailing GAAP earnings per share against a $19.63 consensus. Set the two side by side and the multiple appears to compress by a third on expected growth that is mostly an accounting basis change. For long-run valuation context, see the S&P 500 P/E ratio (150 years of history); for who's in the index at what weight, the full constituents list; for the cheapest large caps, value stocks. Not investment advice.
ChartRow is not affiliated with, sponsored by, or endorsed by S&P Dow Jones Indices LLC, S&P Global, or Nasdaq, Inc. "S&P 500®" and "Dow Jones®" are registered trademarks of S&P Dow Jones Indices LLC; "Nasdaq-100®" is a registered trademark of Nasdaq, Inc. They are used here only to identify the indexes discussed. All index-related figures on this page are independently derived from public sources — SEC filings, Robert Shiller's public dataset, and our own computations — not from any index provider's data feed.