TGT
Target
PE ratio, current and historical analysis
- Stocks
- Consumer Defensive
- NYSE: TGT
- PE Ratio
As of Jun 30, 2026, the TGT stock has a PE ratio of 17.16. The calculation is based on the latest EPS of $7.61 and the stock price of $130.61 per share. An increase of 30% has been observed in the PE ratio compared to its average of 13.2 of the last four quarters.
TGT PE ratio history
The mean historical PE ratio of Target over the last ten years is 16.09. The current 17.16 P/E ratio is 7% higher 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 May 2025 quarter marked the lowest point at 10.65, with a price of $97.37 and an EPS of $9.14.
Target PE ratio by year
Maximum annual increase: 82.94% in 2023
Maximum annual decrease: -41.98% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 12.93 | -16.63% | $105.47 | $8.16 |
| 2025 | 15.51 | -4.5% | $137.91 | $8.89 |
| 2024 | 16.24 | -41.98% | $145.49 | $8.96 |
| 2023 | 27.99 | 82.94% | $168.51 | $6.02 |
| 2022 | 15.3 | -26.37% | $217.67 | $14.23 |
| 2021 | 20.78 | 20.46% | $181.17 | $8.72 |
| 2020 | 17.25 | 34.56% | $110.74 | $6.42 |
| 2019 | 12.82 | -6.49% | $71.17 | $5.55 |
| 2018 | 13.71 | 1.78% | $72.95 | $5.32 |
| 2017 | 13.47 | -0.52% | $63.7 | $4.73 |
| 2016 | 13.54 | N/A | $72.42 | $5.35 |
| 2015 | N/A | N/A | $73.61 | -$2.58 |
| 2014 | 18.27 | 36.55% | $56.64 | $3.1 |
| 2013 | 13.38 | 15.25% | $61.15 | $4.57 |
| 2012 | 11.61 | -13.94% | $50.05 | $4.31 |
Target PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| May 2026 | 16.94 | 31.01% | $128.89 | $7.61 |
| Jan 2026 | 12.93 | 15.45% | $105.47 | $8.16 |
| Nov 2025 | 11.2 | -3.2% | $92.72 | $8.28 |
| Aug 2025 | 11.57 | 8.64% | $99.77 | $8.62 |
| May 2025 | 10.65 | -31.33% | $97.37 | $9.14 |
| Feb 2025 | 15.51 | -2.64% | $137.91 | $8.89 |
| Nov 2024 | 15.93 | 11.17% | $150.84 | $9.47 |
| Aug 2024 | 14.33 | -18.95% | $139.17 | $9.71 |
| May 2024 | 17.68 | 8.87% | $158.04 | $8.94 |
| Feb 2024 | 16.24 | 19.32% | $145.49 | $8.96 |
| Oct 2023 | 13.61 | -26.11% | $107.23 | $7.88 |
| Jul 2023 | 18.42 | -30.88% | $135 | $7.33 |
| Apr 2023 | 26.65 | -4.79% | $157.75 | $5.92 |
| Jan 2023 | 27.99 | 23.3% | $168.51 | $6.02 |
| Oct 2022 | 22.7 | 23.64% | $167.52 | $7.38 |
TGT Price vs fair value
TGT 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.
The current PE ratio of TGT is higher than the 3 and 10-year averages, but it is lower than its 5-year average.
PE comparison
With a price to earnings (P/E) of 17.16, TGT ranks lower than the Consumer Defensive sector, the industry and its peers average. In comparison with the Consumer Defensive sector average of 22.18, Target's price to earnings (P/E) is 23% lower.
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 M's. Target's current PE ratio of 17.16 is lower than the average of its peers, which is 23.12.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KSS KOHLS Corp | 7.24 | $2B |
| M Macy's Inc | 9.49 | $6.17B |
| DG Dollar General Corp | 16.21 | $25.39B |
| TGT Target Corp | 17.15 | $59.27B |
| DLTR Dollar Tree Inc | 18.96 | $23.21B |
| WMT Walmart Inc | 38.96 | $883.59B |
| COST Costco Wholesale Corp | 47.09 | $415.81B |
Frequently asked questions
What is Target's PE ratio?
The price to earnings ratio for TGT stock is 17.16 as of Jun 30, 2026.
What is the 3-year average PE ratio for Target (TGT)?
The 3-year average price to earnings ratio for TGT stock is 14.58.
What is the 5-year average PE ratio for Target (TGT)?
The 5-year average price to earnings ratio for TGT stock is 17.22.
What is the highest PE ratio for TGT?
The highest quarterly PE ratio in the last ten 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 7% above its 10-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 (Jun 30, 2026), Target's share price is $130.61. The company's earnings per share for the trailing twelve months (TTM) ending May 2026 is $7.61. Therefore, Target's PE ratio for today is 17.16. PE RATIO(17.16) = STOCK PRICE($130.61) / TTM EPS($7.61)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.