Question 1

What is TJX Companies's P/E ratio?

Accepted Answer

TJX Companies (TJX) P/E ratio is 31.1× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for TJX Companies?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For TJX Companies specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is TJX Companies's P/E ratio high or low?

Accepted Answer

TJX Companies's P/E ratio of 31.1× is above its own 5-year average of 26.8× and above the sector median of 21.9×. That places the current reading at the 71th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is TJX Companies's historical P/E ratio range?

Accepted Answer

In the available daily series, TJX Companies (TJX) P/E ratio has ranged from a low of 9.1× in 2009 to a high of 853.2× in 2021. The 5-year average is 26.8× and the 5-year median is 26.6×.

Question 7

What was TJX Companies's P/E ratio in 2026?

Accepted Answer

TJX Companies (TJX) P/E ratio at the end of 2026 was 30.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does TJX Companies's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$168.54B	$5.49B	30.7×	+1.5×	Jan 31, 2026
2025	$142.01B	$4.86B	29.2×	+5.1×	Jan 31, 2025
2024	$107.59B	$4.47B	24.0×	-3.0×	Jan 31, 2024
2023	$94.58B	$3.50B	27.0×	+0.7×	Jan 31, 2023
2022	$86.36B	$3.28B	26.3×	-826.8×	Jan 31, 2022
2021	$77.19B	$90.47M	853.2×	+831.5×	Jan 31, 2021
2020	$70.79B	$3.27B	21.6×	+1.9×	Jan 31, 2020
2019	$60.53B	$3.06B	19.8×	+0.1×	Jan 31, 2019
2018	$51.28B	$2.61B	19.7×	-1.4×	Jan 31, 2018
2017	$48.42B	$2.30B	21.1×	+0.0×	Jan 31, 2017
2016	$47.90B	$2.28B	21.0×	+0.6×	Jan 31, 2016
2015	$45.15B	$2.22B	20.4×	+1.5×	Jan 31, 2015
2014	$40.44B	$2.14B	18.9×	+1.4×	Jan 31, 2014
2013	$33.34B	$1.91B	17.5×	+0.5×	Jan 31, 2013
2012	$25.45B	$1.50B	17.0×	+3.4×	Jan 31, 2012
2011	$18.30B	$1.34B	13.6×	+0.7×	Jan 31, 2011
2010	$15.72B	$1.21B	12.9×	+3.8×	Jan 31, 2010
2009	$8.02B	$880.62M	9.1×	-8.3×	Jan 31, 2009
2008	$13.45B	$771.75M	17.4×	-0.7×	Jan 31, 2008
2007	$13.41B	$738.04M	18.2×	+0.1×	Jan 31, 2007
2006	$11.71B	$648.50M	18.1×	+0.1×	Jan 31, 2006
2005	$11.94B	$664.14M	18.0×	+0.6×	Jan 31, 2005
2004	$11.43B	$658.37M	17.4×	+1.0×	Jan 31, 2004
2003	$9.47B	$578.39M	16.4×	-6.1×	Jan 31, 2003
2002	$11.27B	$500.40M	22.5×	—	Jan 31, 2002


Las Vegas Sands (LVS)	19.6×
Avery Dennison (AVY)	19.3×
Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Etsy (ETSY)	16.9×
Ball (BALL)	16.8×
Royal Caribbean Cruises (RCL)	16.6×
Lennar (LEN)	15.6×
GameStop (GME)	15.6×
Norwegian Cruise Line (NCLH)	15.0×
NVR (NVR)	14.8×
Masco (MAS)	14.6×
LKQ (LKQ)	14.5×
Mohawk Industries (MHK)	14.3×
Carnival Corporation (CCL)	14.0×
Deckers Outdoor (DECK)	13.8×
Weyco Group (WEYS)	12.8×
D.R. Horton (DHI)	12.5×
Best Buy Co. (BBY)	11.1×
PulteGroup (PHM)	11.0×
PDD Holdings (PDD)	10.7×
Toll Brothers (TOL)	10.5×
Lululemon Athletica (LULU)	10.2×
Leggett & Platt (LEG)	6.1×
Sonoco Products (SON)	5.1×

P/E Ratio for TJX Companies (TJX)

P/E Ratio daily chart for TJX Companies (TJX)

Historical P/E Ratio for TJX Companies (TJX) from 2002 to 2026

About P/E Ratio at TJX Companies (TJX)

TJX Companies P/E Ratio by Year

TJX Companies P/E Ratio 2026: 30.7×

TJX Companies P/E Ratio 2025: 29.2×

TJX Companies P/E Ratio 2024: 24.0×

TJX Companies P/E Ratio 2023: 27.0×

TJX Companies P/E Ratio 2022: 26.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

TJX Companies (TJX) Key Financials

P/E Ratio daily chart for TJX Companies (TJX)

Historical P/E Ratio for TJX Companies (TJX) from 2002 to 2026

About P/E Ratio at TJX Companies (TJX)

TJX Companies P/E Ratio by Year

TJX Companies P/E Ratio 2026: 30.7×

TJX Companies P/E Ratio 2025: 29.2×

TJX Companies P/E Ratio 2024: 24.0×

TJX Companies P/E Ratio 2023: 27.0×

TJX Companies P/E Ratio 2022: 26.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is TJX Companies's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for TJX Companies?

+Is TJX Companies's P/E ratio high or low?

+What is TJX Companies's historical P/E ratio range?

+What was TJX Companies's P/E ratio in 2026?

+Why does TJX Companies's P/E ratio change over time?

TJX Companies (TJX) Key Financials