Question 1

What is Toll Brothers's P/E ratio?

Accepted Answer

Toll Brothers (TOL) P/E ratio is 10.3× 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 Toll Brothers?

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 Toll Brothers specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is Toll Brothers's P/E ratio high or low?

Accepted Answer

Toll Brothers's P/E ratio of 10.3× is above its own 5-year average of 7.7× and below the sector median of 21.9×. That places the current reading at the 80th 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 Toll Brothers's historical P/E ratio range?

Accepted Answer

In the available daily series, Toll Brothers (TOL) P/E ratio has ranged from a low of 4.4× in 2022 to a high of 108.0× in 2012. The 5-year average is 7.7× and the 5-year median is 8.0×.

Question 7

What was Toll Brothers's P/E ratio in 2025?

Accepted Answer

Toll Brothers (TOL) P/E ratio at the end of 2025 was 9.7×. 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 Toll Brothers'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.


2025	$13.06B	$1.35B	9.7×	+0.2×	Oct 31, 2025
2024	$14.90B	$1.57B	9.5×	+3.9×	Oct 31, 2024
2023	$7.60B	$1.37B	5.5×	+1.8×	Oct 31, 2023
2022	$4.86B	$1.29B	3.8×	-5.2×	Oct 31, 2022
2021	$7.47B	$833.63M	9.0×	-3.1×	Oct 31, 2021
2020	$5.38B	$446.62M	12.1×	+2.5×	Oct 31, 2020
2019	$5.64B	$590.01M	9.6×	+2.9×	Oct 31, 2019
2018	$4.98B	$748.15M	6.7×	-7.0×	Oct 31, 2018
2017	$7.34B	$535.50M	13.7×	+1.9×	Oct 31, 2017
2016	$4.50B	$382.10M	11.8×	-5.7×	Oct 31, 2016
2015	$6.34B	$363.17M	17.5×	+0.8×	Oct 31, 2015
2014	$5.67B	$340.03M	16.7×	-16.0×	Oct 31, 2014
2013	$5.57B	$170.61M	32.7×	+21.2×	Oct 31, 2013
2012	$5.56B	$487.15M	11.4×	-61.5×	Oct 31, 2012
2011	$2.90B	$39.80M	72.9×	—	Oct 31, 2011
2010	$2.98B	−$3.37M	—	—	Oct 31, 2010
2009	$2.83B	−$755.83M	—	—	Oct 31, 2009
2008	$3.69B	−$297.81M	—	—	Oct 31, 2008
2007	$3.59B	$35.65M	100.8×	+94.3×	Oct 31, 2007
2006	$4.46B	$687.21M	6.5×	-0.6×	Oct 31, 2006
2005	$5.72B	$806.11M	7.1×	-1.6×	Oct 31, 2005
2004	$3.56B	$409.11M	8.7×	-1.8×	Oct 31, 2004
2003	$2.72B	$259.82M	10.5×	+3.9×	Oct 31, 2003
2002	$1.44B	$219.89M	6.6×	—	Oct 31, 2002


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P/E Ratio for Toll Brothers (TOL)

P/E Ratio daily chart for Toll Brothers (TOL)

Historical P/E Ratio for Toll Brothers (TOL) from 2002 to 2025

About P/E Ratio at Toll Brothers (TOL)

Toll Brothers P/E Ratio by Year

Toll Brothers P/E Ratio 2025: 9.7×

Toll Brothers P/E Ratio 2024: 9.5×

Toll Brothers P/E Ratio 2023: 5.5×

Toll Brothers P/E Ratio 2022: 3.8×

Toll Brothers P/E Ratio 2021: 9.0×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Toll Brothers (TOL) Key Financials

P/E Ratio daily chart for Toll Brothers (TOL)

Historical P/E Ratio for Toll Brothers (TOL) from 2002 to 2025

About P/E Ratio at Toll Brothers (TOL)

Toll Brothers P/E Ratio by Year

Toll Brothers P/E Ratio 2025: 9.7×

Toll Brothers P/E Ratio 2024: 9.5×

Toll Brothers P/E Ratio 2023: 5.5×

Toll Brothers P/E Ratio 2022: 3.8×

Toll Brothers P/E Ratio 2021: 9.0×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Toll Brothers'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 Toll Brothers?

+Is Toll Brothers's P/E ratio high or low?

+What is Toll Brothers's historical P/E ratio range?

+What was Toll Brothers's P/E ratio in 2025?

+Why does Toll Brothers's P/E ratio change over time?

Toll Brothers (TOL) Key Financials