TGT
Target
PEG ratio, current and historical analysis
- Stocks
- Consumer Defensive
- NYSE: TGT
- PEG Ratio
As of Sep 23, 2026, TGT's PEG ratio of 1.31 reflects its valuation relative to its growth. This value reflects a P/E ratio of 16.14 measured against EPS growth of 12.3%.
TGT PEG ratio history
Target's ten years historical PEG ratio averages out to 1.22. Compared to historical data, TGT's 1.31 PEG ratio represents an increase of 7%. TGT reached its maximum PEG ratio of 4.84 during the May 2025 quarter over the past ten years. The Oct 2016 quarter had the bottom reading at 0.02, indicating the most optimal growth-adjusted valuation.
Target PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | N/A | 12.93 | -8.2% |
| 2025 | N/A | 15.51 | -0.8% |
| 2024 | 0.33 | 16.24 | 48.8% |
| 2023 | N/A | 27.99 | -57.7% |
| 2022 | 0.24 | 15.3 | 63.2% |
| 2021 | 0.58 | 20.78 | 35.8% |
| 2020 | 1.1 | 17.25 | 15.7% |
| 2019 | 2.98 | 12.82 | 4.3% |
| 2018 | 1.1 | 13.71 | 12.5% |
| 2017 | N/A | 13.47 | -11.6% |
| 2016 | 0.04 | 13.54 | 307.4% |
| 2015 | N/A | N/A | -183.2% |
| 2014 | N/A | 18.27 | -32.2% |
| 2013 | 2.23 | 13.38 | 6% |
| 2012 | 1.68 | 11.61 | 6.9% |
Target PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Aug 2026 | 1.21 | 14.93 | 12.3% |
| May 2026 | N/A | 16.94 | -16.7% |
| Jan 2026 | N/A | 12.93 | -8.2% |
| Nov 2025 | N/A | 11.2 | -12.6% |
| Aug 2025 | N/A | 11.57 | -11.2% |
| May 2025 | 4.84 | 10.65 | 2.2% |
| Feb 2025 | N/A | 15.51 | -0.8% |
| Nov 2024 | 0.79 | 15.93 | 20.2% |
| Aug 2024 | 0.44 | 14.33 | 32.5% |
| May 2024 | 0.35 | 17.68 | 51% |
| Feb 2024 | 0.33 | 16.24 | 48.8% |
| Oct 2023 | 2 | 13.61 | 6.8% |
| Jul 2023 | N/A | 18.42 | -17.6% |
| Apr 2023 | N/A | 26.65 | -51.4% |
| Jan 2023 | N/A | 27.99 | -57.7% |
TGT average PEG ratio chart
When comparing to historical data, TGT's PEG ratio is above its 5 and 10-year averages, yet it comes in under the 3-year average.
PEG comparison
With a PEG of 1.31, TGT stands above the Consumer Defensive sector and its peers average but below the industry average. In comparison with its Consumer Defensive sector average of 0.85, Target's PEG is 54% higher.
TGT EPS growth
TGT Price vs fair value
TGT PEG vs peers
Relative to its peers, TGT's PEG ratio is below WMT's and COST's but above DG's and DLTR's. Target's PEG ratio of 1.31 is above the peer average of 0.89.
Frequently asked questions
What is Target's PEG ratio?
According to Sep 23, 2026 data, TGT's PEG ratio sits at 1.31.
What is the 3-year average PEG ratio for Target (TGT)?
Over the last 3 years, TGT's PEG ratio has centered around 1.42.
What is the 5-year average PEG ratio for Target (TGT)?
Over the last 5 years, TGT's PEG ratio has centered around 1.16.
What is the highest PEG ratio for TGT?
TGT's PEG ratio peaked at 4.84 during the May 2025 quarter - the highest in ten years.
How does the current PEG ratio for TGT compare to its historical average?
Currently, TGT's PEG ratio is 7% higher than its 10-year historical average.
How is TGT's PEG ratio calculated (Target PEG ratio formula)?
PEG equals PE divided by EPS growth rate (YoY TTM). As of Sep 23, 2026, Target carries a P/E ratio of 16.14. Earnings grew at 12.3% over the TTM period ending Aug 2026. Applying the formula, this yields a price to earnings growth ratio of 1.31. PEG RATIO(1.31) = PE RATIO(16.14) / EPS GROWTH(12.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.