What is the price earnings Ratio for Lowe\'s and Home Depot? HOME DEPOT Balance Sheet Consolidated Balance Sheets - USD ($) $ in Millions LOWES Balance Sheet Consolidated Balance Sheets - USD ($) $ in Millions Consolidated Balance Sheets - USD ($) $ in Millions Jan. 29, 2017 Jan. 31, 2016Current Assets:Cash and Cash Equivalents$ 2,538$ 2,216Receivables, net2,0291,890Merchandise Inventories12,54911,809Other Current Assets608569Total Current Assets17,72416,484Property and Equipment, at cost40,42639,266Less Accumulated Depreciation and Amortization18,51217,075Net Property and Equipment21,91422,191Goodwill2,0932,102Other Assets1,2351,196Total Assets42,96641,973Current Liabilities:Short-Term Debt710350Accounts Payable7,0006,565Accrued Salaries and Related Expenses1,4841,515Sales Taxes Payable508476Deferred Revenue1,6691,566Income Taxes Payable2534Current Installments of Long-Term Debt54277Other Accrued Expenses2,1951,941Total Current Liabilities14,13312,524Long-Term Debt, excluding current installments22,34920,789Other Long-Term Liabilities1,8551,965Deferred Income Taxes296379Total Liabilities38,63335,657STOCKHOLDERS\' EQUITYCommon Stock, par value $0.05; authorized: 10 billion shares; issued: 1.776 billion shares at January 29, 2017 and 1.772 billion shares at January 31, 2016; outstanding: 1.203 billion shares at January 29, 2017 and 1.252 billion shares at January 31, 20168888Paid-In Capital9,7879,347Retained Earnings35,51930,973Accumulated Other Comprehensive Loss(867)(898)Treasury Stock, at cost, 573 million shares at January 29, 2017 and 520 million shares at January 31, 2016(40,194)(33,194)Total Stockholders’ Equity4,3336,316Total Liabilities and Stockholders\' Equity$ 42,966$ 41,973 Solution Price at 29 Jan 2017 = 40194 / 573 = $70.15 per share (from Treasury stock data) Price at 31 Jan 2016 = 33194 / 520 = $63.83 per share EPS for 2017 = (RE $35519 - RE $30973)m = 4546m / outstanding shares 1776m = $2.56 pershare Price Earnings ratio for 2017 = Price on 29 Jan 17 / EPS for 2017 = $70.15 / $2.56 = 27.40 times.