TJX Companies
TJX
#115
Rank
$129.19 B
Marketcap
$114.32
Share price
-0.61%
Change (1 day)
34.34%
Change (1 year)

P/E ratio for TJX Companies (TJX)

P/E ratio as of July 2024 (TTM): 33.4

According to TJX Companies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.355. At the end of 2022 the company had a P/E ratio of 27.4.

P/E ratio history for TJX Companies from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202227.4-19.81%
202134.2-68.91%
2020110362.45%
201923.831.31%
201818.1-10.87%
201720.3-6.15%
201621.61.49%
201521.3-4.78%
201422.45.18%
201321.320.68%
201217.6-3.27%
201118.242.2%
201012.8-9.47%
200914.251.45%
20089.35-50.53%
200718.919.29%
200615.8-23.61%
200520.713.07%
200418.3-5.07%
200319.38.03%
200217.9-22.38%
200123.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.3-6.04%๐Ÿ‡บ๐Ÿ‡ธ USA
19.5-41.62%๐Ÿ‡บ๐Ÿ‡ธ USA
83.0 148.73%๐Ÿ‡บ๐Ÿ‡ธ USA
119 256.02%๐Ÿ‡บ๐Ÿ‡ธ USA
20.0-40.10%๐Ÿ‡บ๐Ÿ‡ธ USA
6.09-81.74%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2-36.51%๐Ÿ‡บ๐Ÿ‡ธ USA
8.86-73.42%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.