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TGT Target PE ratio, current and historical analysis

As of Feb 23, 2024, the TGT stock has a PE ratio of 19.22. The calculation is based on the latest EPS of $7.88 and the stock price of $151.48 per share. A decrease of 11% has been observed in the PE ratio compared to its average of 21.7 of the last four quarters.

TGT PE ratio history

How has TGT's PE ratio performed in the past

The mean historical PE ratio of Target over the last ten years is 17.16. The current 19.22 P/E ratio is 12% 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 Jul 2017 quarter marked the lowest point at 11.31, with a price of $56.11 and an EPS of $4.96.

Average
17.16
Median
16.78
Minimum
11.31
Maximum
27.99

Target PE ratio by year

Maximum annual increase: 82.94% in 2023

Maximum annual decrease: -26.37% in 2022

Year PE ratio Change
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
2014 18.27 36.55%

TGT average PE ratio chart

What is the average PE ratio of TGT for the past years

The current PE ratio of TGT is higher than the 5 and 10-year averages, but it is lower than its 3-year average.

3-year avg
19.83
5-year avg
18.83
10-year avg
17.16
15-year avg
16.23

TGT PE vs peers

What is TGT's PE ratio compared to its 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 19.22 is lower than the average of its peers, which is 26.18.

Stock name PE ratio Market cap
M Macy's Inc 7.69 $5.27B
WMT Walmart Inc 9.88 $160.38B
DG Dollar General Corp 15.85 $30.34B
TGT Target Corp 19.06 $69.33B
DLTR Dollar Tree Inc 27.72 $31.83B
COST Costco Wholesale Corp 50.7 $330.49B
KSS KOHLS Corp N/A $3.03B

Frequently asked questions

What is Target's PE ratio?

The price to earnings ratio for TGT stock is 19.22 as of Feb 23, 2024.

What is the 3-year average PE ratio for Target (TGT)?

The 3-year average price to earnings ratio for TGT stock is 19.83.

What is the 5-year average PE ratio for Target (TGT)?

The 5-year average price to earnings ratio for TGT stock is 18.83.

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 12% 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 (Feb 23, 2024), Target's share price is $151.48. The company's earnings per share for the trailing twelve months (TTM) ending Oct 2023 is $7.88. Therefore, Target's PE ratio for today is 19.22. PE RATIO(19.22) = STOCK PRICE($151.48) / TTM EPS($7.88)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.