The current PE ratio for Trade Desk stock as of Apr 23, 2024 is 219.11. This is calculated based on the current EPS of $0.37 and the stock price of $81.07 per share. The P/E ratio has a decrease of 21% from the past four quarters average of 276.4.
The average historical PE ratio of Trade Desk for the last eight years is 164.33. The current PE ratio of 219.11 is 33% above the historical average. Over the past eight 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.
Maximum annual increase: 105.14% in 2021
Maximum annual decrease: -52.28% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 194.49 | -52.28% |
| 2022 | 407.55 | 28.97% |
| 2021 | 316 | 105.14% |
| 2020 | 154.04 | 42.31% |
| 2019 | 108.24 | 95.84% |
| 2018 | 55.27 | 57.11% |
| 2017 | 35.18 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
Currently, TTD's PE ratio is below the 3 and 5-year averages.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TTD Trade Desk Inc | 226.53 | $40.98B |
| PGY Pagaya Technologies Ltd | N/A | $592.01M |
| PHR Phreesia Inc | N/A | $1.24B |
| PHUN Phunware Inc | N/A | $50.65M |
As of Apr 23, 2024, TTD stock has a price to earnings ratio of 219.11.
Over the last 3 years, the average price to earnings ratio for TTD stock is 301.44.
Over the last 5 years, the average price to earnings ratio for TTD stock is 221.64.
Over the last eight years, the quarterly PE ratio reached a historic high of 598.43 in the Jun 2022 quarter.
The current price to earnings ratio of TTD is 33% higher than the 8-year historical average.
TTD's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 219.11 is considered high.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 23, 2024), Trade Desk's stock price is $81.07. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.37. Therefore, Trade Desk's P/E ratio for today is 219.11. PE RATIO(219.11) = STOCK PRICE($81.07) / TTM EPS($0.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.