As of Jul 25, 2024, the TGT stock has a PE ratio of 16.36. The calculation is based on the latest EPS of $8.94 and the stock price of $146.29 per share. The PE ratio currently is comparable to its last 4-quarter average.
The mean historical PE ratio of Target over the last ten years is 17.05. The current 16.36 P/E ratio is 4% lower than the historical average. Looking back at the last ten 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.
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 |
The current PE ratio of TGT is lower than its 3, 5 and 10-year averages.
TGT's PE ratio stands lower than its peer stocks WMT and COST, but it is higher than KSS's. Target's current PE ratio of 16.36 is lower than the average of its peers, which is 26.39.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KSS KOHLS Corp | 8.17 | $2.28B |
| TGT Target Corp | 16.67 | $68.93B |
| DG Dollar General Corp | 17.16 | $25.97B |
| WMT Walmart Inc | 29.82 | $561.28B |
| COST Costco Wholesale Corp | 50.57 | $362.54B |
| M Macy's Inc | 414.25 | $4.58B |
| DLTR Dollar Tree Inc | N/A | $22.34B |
The price to earnings ratio for TGT stock is 16.36 as of Jul 25, 2024.
The 3-year average price to earnings ratio for TGT stock is 19.61.
The 5-year average price to earnings ratio for TGT stock is 18.92.
The highest quarterly PE ratio in the last ten years has been 27.99 and it was in the Jan 2023 quarter.
TGT's current price to earnings ratio is 4% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Target's share price is $146.29. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $8.94. Therefore, Target's PE ratio for today is 16.36. PE RATIO(16.36) = STOCK PRICE($146.29) / TTM EPS($8.94)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.