Price to Earnings (P/E)
since 2005
Calculation
Target Corp., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net earnings (loss)1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 13, 2024 | 18.60 | = | 166.67 | ÷ | 8.96 | 8.96 | = | 4,138 | ÷ | 461,690,206 | |
| Mar 8, 2023 | 27.08 | = | 163.51 | ÷ | 6.04 | 6.04 | = | 2,780 | ÷ | 460,363,991 | |
| Mar 9, 2022 | 14.38 | = | 216.00 | ÷ | 15.02 | 15.02 | = | 6,946 | ÷ | 462,418,075 | |
| Mar 10, 2021 | 20.39 | = | 178.58 | ÷ | 8.76 | 8.76 | = | 4,368 | ÷ | 498,616,180 | |
| Mar 11, 2020 | 16.12 | = | 105.58 | ÷ | 6.55 | 6.55 | = | 3,281 | ÷ | 500,961,951 | |
| Mar 13, 2019 | 13.56 | = | 77.12 | ÷ | 5.69 | 5.69 | = | 2,937 | ÷ | 516,333,213 | |
| Mar 14, 2018 | 12.97 | = | 70.65 | ÷ | 5.45 | 5.45 | = | 2,934 | ÷ | 538,796,010 | |
| Mar 8, 2017 | 11.11 | = | 55.02 | ÷ | 4.95 | 4.95 | = | 2,737 | ÷ | 552,675,341 | |
| Mar 11, 2016 | 14.61 | = | 81.87 | ÷ | 5.61 | 5.61 | = | 3,363 | ÷ | 599,982,121 | |
| Mar 13, 2015 | — | = | 79.18 | ÷ | -2.55 | -2.55 | = | -1,636 | ÷ | 641,738,798 | |
| Mar 14, 2014 | 19.07 | = | 59.36 | ÷ | 3.11 | 3.11 | = | 1,971 | ÷ | 633,174,692 | |
| Mar 20, 2013 | 14.65 | = | 68.52 | ÷ | 4.68 | 4.68 | = | 2,999 | ÷ | 641,387,165 | |
| Mar 15, 2012 | 13.41 | = | 58.75 | ÷ | 4.38 | 4.38 | = | 2,929 | ÷ | 668,486,970 | |
| Mar 11, 2011 | 12.23 | = | 51.53 | ÷ | 4.21 | 4.21 | = | 2,920 | ÷ | 693,063,352 | |
| Mar 12, 2010 | 15.77 | = | 53.08 | ÷ | 3.37 | 3.37 | = | 2,488 | ÷ | 739,316,518 | |
| Mar 13, 2009 | 10.19 | = | 29.97 | ÷ | 2.94 | 2.94 | = | 2,214 | ÷ | 752,672,699 | |
| Mar 13, 2008 | 14.43 | = | 50.56 | ÷ | 3.50 | 3.50 | = | 2,849 | ÷ | 813,034,094 | |
| Mar 15, 2007 | 18.35 | = | 59.58 | ÷ | 3.25 | 3.25 | = | 2,787 | ÷ | 858,580,232 | |
| Apr 10, 2006 | 18.67 | = | 51.62 | ÷ | 2.76 | 2.76 | = | 2,408 | ÷ | 871,024,965 | |
| Apr 11, 2005 | 13.78 | = | 49.75 | ÷ | 3.61 | 3.61 | = | 3,198 | ÷ | 885,553,006 |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Target Corp. Annual Report.
Comparison to Competitors
Target Corp., P/E, long-term trends, comparison to competitors
| Target Corp. | Costco Wholesale Corp. | Dollar General Corp. | Walmart Inc. | |
|---|---|---|---|---|
| Mar 13, 2024 | 18.60 | 54.68 | 19.94 | 31.52 |
| Mar 8, 2023 | 27.08 | 39.79 | 18.67 | 32.17 |
| Mar 9, 2022 | 14.38 | 36.38 | 21.90 | 29.27 |
| Mar 10, 2021 | 20.39 | 39.65 | 16.92 | 27.47 |
| Mar 11, 2020 | 16.12 | 40.02 | 21.04 | 21.69 |
| Mar 13, 2019 | 13.56 | 35.76 | 19.18 | 41.79 |
| Mar 14, 2018 | 12.97 | 30.51 | 15.73 | 26.62 |
| Mar 8, 2017 | 11.11 | 25.70 | 15.28 | 16.03 |
| Mar 11, 2016 | 14.61 | 27.99 | 20.63 | 14.72 |
| Mar 13, 2015 | — | 27.57 | 21.58 | 15.91 |
| Mar 14, 2014 | 19.07 | 26.44 | 17.61 | 15.34 |
| Mar 20, 2013 | 14.65 | 25.15 | 17.54 | 14.48 |
| Mar 15, 2012 | 13.41 | 23.98 | 20.35 | 13.25 |
| Mar 11, 2011 | 12.23 | 24.24 | 16.78 | 11.15 |
| Mar 12, 2010 | 15.77 | 20.97 | 25.35 | 14.66 |
| Mar 13, 2009 | 10.19 | 23.48 | — | 15.44 |
| Mar 13, 2008 | 14.43 | 19.45 | — | 16.36 |
| Mar 15, 2007 | 18.35 | 25.99 | — | 17.36 |
| Apr 10, 2006 | 18.67 | 22.18 | — | 17.83 |
| Apr 11, 2005 | 13.78 | 22.23 | — | 20.66 |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).
Comparison to Sector (Consumer Staples Distribution & Retail)
Target Corp., P/E, long-term trends, comparison to sector (consumer staples distribution & retail)
| Target Corp. | Consumer Staples Distribution & Retail | |
|---|---|---|
| Mar 13, 2024 | 18.60 | — |
| Mar 8, 2023 | 27.08 | 32.22 |
| Mar 9, 2022 | 14.38 | 26.51 |
| Mar 10, 2021 | 20.39 | 27.55 |
| Mar 11, 2020 | 16.12 | 23.95 |
| Mar 13, 2019 | 13.56 | 32.31 |
| Mar 14, 2018 | 12.97 | 24.07 |
| Mar 8, 2017 | 11.11 | 16.59 |
| Mar 11, 2016 | 14.61 | 16.47 |
| Mar 13, 2015 | — | 22.00 |
| Mar 14, 2014 | 19.07 | 16.88 |
| Mar 20, 2013 | 14.65 | 15.58 |
| Mar 15, 2012 | 13.41 | 14.40 |
| Mar 11, 2011 | 12.23 | 12.36 |
| Mar 12, 2010 | 15.77 | 15.45 |
| Mar 13, 2009 | 10.19 | 15.26 |
| Mar 13, 2008 | 14.43 | 16.27 |
| Mar 15, 2007 | 18.35 | 18.16 |
| Apr 10, 2006 | 18.67 | 18.30 |
| Apr 11, 2005 | 13.78 | 19.26 |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).
Comparison to Industry (Consumer Staples)
Target Corp., P/E, long-term trends, comparison to industry (consumer staples)
| Target Corp. | Consumer Staples | |
|---|---|---|
| Mar 13, 2024 | 18.60 | — |
| Mar 8, 2023 | 27.08 | 24.77 |
| Mar 9, 2022 | 14.38 | 24.15 |
| Mar 10, 2021 | 20.39 | 26.41 |
| Mar 11, 2020 | 16.12 | 23.72 |
| Mar 13, 2019 | 13.56 | 35.36 |
| Mar 14, 2018 | 12.97 | 19.78 |
| Mar 8, 2017 | 11.11 | 20.76 |
| Mar 11, 2016 | 14.61 | 18.52 |
| Mar 13, 2015 | — | 24.05 |
| Mar 14, 2014 | 19.07 | 19.53 |
| Mar 20, 2013 | 14.65 | 17.05 |
| Mar 15, 2012 | 13.41 | 16.69 |
| Mar 11, 2011 | 12.23 | 14.76 |
| Mar 12, 2010 | 15.77 | 14.38 |
| Mar 13, 2009 | 10.19 | 14.57 |
| Mar 13, 2008 | 14.43 | 14.88 |
| Mar 15, 2007 | 18.35 | 18.95 |
| Apr 10, 2006 | 18.67 | 18.63 |
| Apr 11, 2005 | 13.78 | 18.75 |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).