P/E ratio for TJX Companies (TJX)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Ross Stores ROST	31.4	-7.81%	🇺🇸 USA
Urban Outfitters URBN	15.5	-54.63%	🇺🇸 USA
Gap Inc. GAP	10.8	-68.31%	🇺🇸 USA
Nordstrom JWN	122	258.98%	🇺🇸 USA
American Eagle Outfitters AEO	20.1	-41.02%	🇺🇸 USA
Macy's M	5.90	-82.68%	🇺🇸 USA
Target TGT	21.3	-37.49%	🇺🇸 USA
Guess GES	7.45	-78.14%	🇺🇸 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.