The current PE ratio for Trade Desk stock as of Jul 26, 2024 is 225.44. This is calculated based on the current EPS of $0.41 and the stock price of $92.43 per share. The P/E ratio has a decrease of 3.9% from the past four quarters average of 234.5.
The average historical PE ratio of Trade Desk for the last eight years is 166.07. The current PE ratio of 225.44 is 36% 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 | 225.44 | $45.21B |
| PHUN Phunware Inc | N/A | $40.37M |
As of Jul 26, 2024, TTD stock has a price to earnings ratio of 225.44.
Over the last 3 years, the average price to earnings ratio for TTD stock is 308.95.
Over the last 5 years, the average price to earnings ratio for TTD stock is 227.98.
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 36% 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 225.44 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 (Jul 26, 2024), Trade Desk's stock price is $92.43. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.41. Therefore, Trade Desk's P/E ratio for today is 225.44. PE RATIO(225.44) = STOCK PRICE($92.43) / TTM EPS($0.41)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.