TGT Target PE ratio, current and historical analysis
As of Nov 21, 2024, the TGT stock has a PE ratio of 12.52. The calculation is based on the latest EPS of $9.71 and the stock price of $121.59 per share. A decrease of 19% has been observed in the PE ratio compared to its average of 15.5 of the last four quarters.
TGT PE ratio history
The mean historical PE ratio of Target over the last nine years is 16.49. The current 12.52 P/E ratio is 24% lower than the historical average. Looking back at the last nine years, TGT's PE ratio peaked in the Jan 2023 quarter at 27.99, with a price of $168.51 and an EPS of $6.02. The Jul 2017 quarter marked the lowest point at 11.31, with a price of $56.11 and an EPS of $4.96.
Target PE ratio by year
Maximum annual increase: 82.94% in 2023
Maximum annual decrease: -41.98% in 2024
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 16.24 | -41.98% |
| 2023 | 27.99 | 82.94% |
| 2022 | 15.3 | -26.37% |
| 2021 | 20.78 | 20.46% |
| 2020 | 17.25 | 34.56% |
| 2019 | 12.82 | -6.49% |
| 2018 | 13.71 | 1.78% |
| 2017 | 13.47 | -0.52% |
| 2016 | 13.54 | N/A |
| 2015 | N/A | N/A |
TGT average PE ratio chart
The current PE ratio of TGT is lower than its 3, 5 and 10-year averages.
TGT PE vs peers
TGT's PE ratio stands lower than its peer stocks WMT and COST, but it is higher than DG's and KSS's. Target's current PE ratio of 12.52 is lower than the average of its peers, which is 28.81.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KSS KOHLS Corp | 6.36 | $1.82B |
| DG Dollar General Corp | 11.48 | $16.26B |
| TGT Target Corp | 12.52 | $56.01B |
| M Macy's Inc | 22.83 | $4.18B |
| WMT Walmart Inc | 45.8 | $710.5B |
| COST Costco Wholesale Corp | 57.6 | $423.42B |
| DLTR Dollar Tree Inc | N/A | $14.14B |
Frequently asked questions
What is Target's PE ratio?
The price to earnings ratio for TGT stock is 12.52 as of Nov 21, 2024.
What is the 3-year average PE ratio for Target (TGT)?
The 3-year average price to earnings ratio for TGT stock is 19.1.
What is the 5-year average PE ratio for Target (TGT)?
The 5-year average price to earnings ratio for TGT stock is 19.07.
What is the highest PE ratio for TGT?
The highest quarterly PE ratio in the last nine years has been 27.99 and it was in the Jan 2023 quarter.
How does the current PE ratio for TGT compare to its historical average?
TGT's current price to earnings ratio is 24% below its 9-year historical average.
How is TGT's PE ratio calculated (Target PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Target's share price is $121.59. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $9.71. Therefore, Target's PE ratio for today is 12.52. PE RATIO(12.52) = STOCK PRICE($121.59) / TTM EPS($9.71)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.