TTD
Trade Desk
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: TTD
- PE Ratio
The current PE ratio for Trade Desk stock as of Jul 2, 2026 is 21.46. This is calculated based on the current EPS of $0.89 and the stock price of $19.1 per share. The P/E ratio has a decrease of 59% from the past four quarters average of 52.0.
TTD PE ratio history
The average historical PE ratio of Trade Desk for the last ten years is 151.09. The current PE ratio of 21.46 is 86% below the historical average. Over the past ten years, TTD's PE ratio was at its highest in the Jun 2022 quarter at 598.43, when the stock price was $41.89 and the EPS was $0.07. The lowest value was in the Mar 2017 quarter, when it reached 16.93 with a price of $3.73 and an EPS of $0.22.
Trade Desk PE ratio by year
Maximum annual increase: 105.14% in 2021
Maximum annual decrease: -71.61% in 2025
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 41.71 | -71.61% | $37.96 | $0.91 |
| 2024 | 146.91 | -24.46% | $117.53 | $0.8 |
| 2023 | 194.49 | -52.28% | $71.96 | $0.37 |
| 2022 | 407.55 | 28.97% | $44.83 | $0.11 |
| 2021 | 316 | 105.14% | $91.64 | $0.29 |
| 2020 | 154.04 | 42.31% | $80.1 | $0.52 |
| 2019 | 108.24 | 95.84% | $25.98 | $0.24 |
| 2018 | 55.27 | 57.11% | $11.61 | $0.21 |
| 2017 | 35.18 | N/A | $4.57 | $0.13 |
| 2016 | N/A | N/A | $2.77 | -$0.15 |
| 2015 | N/A | N/A | N/A | $0.09 |
| 2014 | N/A | N/A | N/A | $0 |
Trade Desk PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 25.49 | -38.89% | $22.69 | $0.89 |
| Dec 2025 | 41.71 | -24.26% | $37.96 | $0.91 |
| Sep 2025 | 55.07 | -35.74% | $49.01 | $0.89 |
| Jun 2025 | 85.7 | 29.99% | $71.99 | $0.84 |
| Mar 2025 | 65.93 | -55.12% | $54.72 | $0.83 |
| Dec 2024 | 146.91 | -16.93% | $117.53 | $0.8 |
| Sep 2024 | 176.85 | -7.65% | $109.65 | $0.62 |
| Jun 2024 | 191.51 | -10.18% | $97.67 | $0.51 |
| Mar 2024 | 213.22 | 9.63% | $87.42 | $0.41 |
| Dec 2023 | 194.49 | -20.36% | $71.96 | $0.37 |
| Sep 2023 | 244.22 | -14.61% | $78.15 | $0.32 |
| Jun 2023 | 286 | -24.87% | $77.22 | $0.27 |
| Mar 2023 | 380.69 | -6.59% | $60.91 | $0.16 |
| Dec 2022 | 407.55 | N/A | $44.83 | $0.11 |
| Sep 2022 | N/A | N/A | $59.75 | -$0.02 |
TTD Price vs fair value
TTD average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, TTD's PE ratio is below the 3 and 5-year averages.
PE comparison
With a P/E of 21.46, TTD is below the Technology sector and the industry average. Compared to its Technology sector average of 37.28, Trade Desk's P/E is 42% lower.
TTD PE vs peers
TTD's PE ratio is lower than its peer stock PHR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TTD Trade Desk Inc | 21.46 | $8.98B |
| PHR Phreesia Inc | 72.93 | $676.22M |
| PHUN Phunware Inc | N/A | $41.71M |
Frequently asked questions
What is Trade Desk's PE ratio?
As of Jul 2, 2026, TTD stock has a price to earnings ratio of 21.46.
What is the 3-year average PE ratio for Trade Desk (TTD)?
Over the last 3 years, the average price to earnings ratio for TTD stock is 131.01.
What is the 5-year average PE ratio for Trade Desk (TTD)?
Over the last 5 years, the average price to earnings ratio for TTD stock is 215.48.
What is the highest PE ratio for TTD?
Over the last ten years, the quarterly PE ratio reached a historic high of 598.43 in the Jun 2022 quarter.
How does the current PE ratio for TTD compare to its historical average?
The current price to earnings ratio of TTD is 86% lower than the 10-year historical average.
How is TTD's PE ratio calculated (Trade Desk PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 2, 2026), Trade Desk's stock price is $19.1. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.89. Therefore, Trade Desk's P/E ratio for today is 21.46. PE RATIO(21.46) = STOCK PRICE($19.1) / TTM EPS($0.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.