Question 1

What is TJX Companies's P/S ratio?

Accepted Answer

TJX Companies (TJX) P/S ratio is 2.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. 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/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

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

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For TJX Companies specifically, the relevant sector benchmark is the current sector median of 1.8×.

Question 5

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

Accepted Answer

TJX Companies's P/S ratio of 2.8× is above its own 5-year average of 2.1× and above the sector median of 1.8×. That places the current reading at the 88th 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/S ratio range?

Accepted Answer

In the available daily series, TJX Companies (TJX) P/S ratio has ranged from a low of 0.4× in 2009 to a high of 3.1× in 2026. The 5-year average is 2.1× and the 5-year median is 2.0×.

Question 7

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

Accepted Answer

TJX Companies (TJX) P/S ratio at the end of 2026 was 2.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). 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	$169B	$60.4B	2.8×	+0.3×	Jan 31, 2026
2025	$142B	$56.4B	2.5×	+0.5×	Jan 31, 2025
2024	$108B	$54.2B	2.0×	+0.1×	Jan 31, 2024
2023	$94.6B	$49.9B	1.9×	+0.1×	Jan 31, 2023
2022	$86.4B	$48.5B	1.8×	-0.6×	Jan 31, 2022
2021	$77.2B	$32.1B	2.4×	+0.7×	Jan 31, 2021
2020	$70.8B	$41.7B	1.7×	+0.1×	Jan 31, 2020
2019	$60.5B	$39B	1.6×	+0.1×	Jan 31, 2019
2018	$51.3B	$35.9B	1.4×	-0.0×	Jan 31, 2018
2017	$48.4B	$33.2B	1.5×	-0.1×	Jan 31, 2017
2016	$47.9B	$30.9B	1.5×	-0.0×	Jan 31, 2016
2015	$45.2B	$29.1B	1.6×	+0.1×	Jan 31, 2015
2014	$40.4B	$27.4B	1.5×	+0.2×	Jan 31, 2014
2013	$33.3B	$25.9B	1.3×	+0.2×	Jan 31, 2013
2012	$25.4B	$23.2B	1.1×	+0.3×	Jan 31, 2012
2011	$18.3B	$21.9B	0.8×	+0.1×	Jan 31, 2011
2010	$15.7B	$20.3B	0.8×	+0.4×	Jan 31, 2010
2009	$8.02B	$19.1B	0.4×	-0.3×	Jan 31, 2009
2008	$13.4B	$18.6B	0.7×	-0.1×	Jan 31, 2008
2007	$13.4B	$17.3B	0.8×	+0.0×	Jan 31, 2007
2006	$11.7B	$16.1B	0.7×	-0.1×	Jan 31, 2006
2005	$11.9B	$14.9B	0.8×	-0.1×	Jan 31, 2005
2004	$11.4B	$13.3B	0.9×	+0.1×	Jan 31, 2004
2003	$9.47B	$12B	0.8×	—	Jan 31, 2003


D.R. Horton (DHI)	1.4×
Carnival Corporation (CCL)	1.4×
Lululemon Athletica (LULU)	1.3×
Toll Brothers (TOL)	1.2×
Li Auto (LI)	1.2×
Ball (BALL)	1.2×
Weyco Group (WEYS)	1.1×
NIO (NIO)	1.1×
Amcor (AMCR)	0.9×
Norwegian Cruise Line (NCLH)	0.9×
XPeng (XPEV)	0.8×
Smurfit Westrock (SW)	0.7×
V.F. (VFC)	0.7×
Lennar (LEN)	0.7×
Genuine Parts (GPC)	0.6×
KB Home (KBH)	0.6×
Mohawk Industries (MHK)	0.5×
LKQ (LKQ)	0.5×
MGM Resorts (MGM)	0.5×
Polaris (PII)	0.4×
General Motors (GM)	0.4×
ChargePoint Holdings (CHPT)	0.4×
Leggett & Platt (LEG)	0.3×
Best Buy Co. (BBY)	0.3×
Ford Motor (F)	0.2×

P/S Ratio for TJX Companies (TJX) 2003-2026

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

Historical P/S Ratio for TJX Companies (TJX) from 2003 to 2026

About P/S Ratio at TJX Companies (TJX)

TJX Companies P/S Ratio by Year

TJX Companies P/S Ratio 2026: 2.8×

TJX Companies P/S Ratio 2025: 2.5×

TJX Companies P/S Ratio 2024: 2.0×

TJX Companies P/S Ratio 2023: 1.9×

TJX Companies P/S Ratio 2022: 1.8×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

TJX Companies (TJX) Key Financials