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STOCK COMPARISON

Procter & Gamble vs Walmart: Fair Value & Quality

Both stocks run through our valuation models. Here is how Procter & Gamble (PG) and Walmart (WMT) compare, as of Oct 19, 2026.

As of Oct 19, 2026, Fair Value Calculator sees Procter & Gamble as the less overvalued of the two: Procter & Gamble trades at $159 versus a fair value of $117 (−26.3%), while Walmart trades at $119 versus $50.00 (−57.9%).
Procter & Gamble
PG · USD · Consumer Staples
−26.3%
upside to fair value
overvalued
Price$159
Fair Value$117
Quality75/100
Walmart
WMT · USD · Consumer Staples
−57.9%
upside to fair value
overvalued
Price$119
Fair Value$50.00
Quality63/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Procter & GambleWalmart
Valuation
24.1×P/E (TTM)43.0×
21.5×Forward P/E (FY2028)36.8×
24.5×Median P/E at FY-end (10 FY, ex one-offs where documented)n/a
4.44×P/S (TTM)1.30×
7.11× · book value is mostly goodwillP/B9.57×
16.1×EV/EBITDA22.2×
3.79×PEG4.20×
−26.3%Fair value upside−57.9%
2.7%Dividend yield0.8%
$4.26Dividend per share$0.97
Profitability
22.1%Operating margin3.5%
0.96×EBIT margin trend (5Y)1.05×
30.3%Return on equity22.3%
12.7%Return on assets7.7%
Growth
1.5%Revenue growth (YoY)5.9%
2.0%Avg. growth/yr (3Y)5.3%
2.7%Avg. growth/yr (5Y)5.0%
+6.5%Value creation/yr+12.6%
Balance & size
22.5×Interest coverage (EBIT/interest)10.7×
0.42×Debt / equity0.35×
$386BMarket cap$953B
healthyGrowth qualityhealthy
Procter & Gamble, median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings, FY2026 ex one-offs: 24.5.
Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.

Procter & Gamble leads: 8 to 6 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Procter & Gamble Walmart
ProfitabilityHow much profit the company makes from its sales and capital
72
71
Quality GrowthAre margins and returns getting better?
37
38
CashflowDo the profits arrive as real cash?
68
37
Financial strengthDebt, balance sheet and risk of trouble
71
62
InvestmentDoes it invest with discipline instead of growing at any price?
83
78
Low VolatilityHow calm the share price moves, does not count
95
84
MomentumPrice trend of the last 3 to 12 months, does not count
49
40
Near the 52-week highDistance to the 52-week high, does not count
64
50
New sharesBuys back shares or issues new ones?
92
89

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyProcter & GamblePrice $159WalmartPrice $119
DCF Models−27.1%below the price$116−58.7%below the price$49.12
Earnings-Based−44.3%below the price$88.70−78.7%below the price$25.34
Dividend Discount−55.9%below the price$70.32n/a
Multiples−26.3%below the price$117−55.6%below the price$52.81
Asset-Basedn/a−95.0%below the price$5.97
Growth DCF−40.9%below the price$94.10−62.4%below the price$44.68
Economic Profit−56.2%below the price$69.77−73.4%below the price$31.57
Growth Earnings−29.0%below the price$113−57.2%below the price$50.80
Minimum−56.2%below the price$69.77−95.0%below the price$5.97
Maximum−26.3%below the price$117−55.6%below the price$52.81
Median−40.9%below the price$94.10−62.4%below the price$44.68
Geometric mean−41.2%below the price$93.65−73.8%below the price$31.09

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Procter & Gamble: 22 of 22 models see the stock below the current price.

Walmart: 24 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Procter & Gamble
Price $159
Fair Value $117
Bear $76.55Bull $149
Walmart
Price $119
Fair Value $50.00
Bear $29.37Bull $67.40

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Procter & Gamble · Consumer Staples

Quality score75 · Top 25%
Fair value upside−26.3% · below median

Walmart · Consumer Staples

Quality score63 · above median
Fair value upside−57.9% · bottom 25%

Bottom line

As of Oct 19, 2026, Fair Value Calculator sees Procter & Gamble as the less overvalued of the two: Procter & Gamble trades at $159 versus a fair value of $117 (−26.3%), while Walmart trades at $119 versus $50.00 (−57.9%).

Procter & Gamble has the higher quality score (75/100).

Open Procter & Gamble live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.