Target forward PE TGT
Share price divided by analysts' consensus earnings for the next twelve months, since 1999.
- Today, Oct 23, 2026
- 16.5×
- 10-year median
- 16.1×
- Against its 10-year history
- 53rd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 10.5× to 32.9×
- Peer median
- 18.2×
Target's forward PE is 16.5× as of Oct 23, 2026.
That is above its ten-year median of 16.1×, close to the middle of its last ten years.
Over that time it ranged from 10.5× in Jun 2017 to 32.9× in Apr 2022.
The median for 5 discount retailers of a similar size is 18.2×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 16.5× | 12.5× | 17.8× |
| 2025 | 12.4× | 10.9× | 18.7× |
| 2024 | 17.9× | 15.4× | 20.1× |
| 2023 | 15.9× | 12.9× | 29.1× |
| 2022 | 24.5× | 21.5× | 32.9× |
| 2021 | 26.3× | 15.2× | 28.5× |
| 2020 | 15.9× | 14.6× | 23.4× |
| 2019 | 24.3× | 11.5× | 24.3× |
| 2018 | 11.3× | 10.6× | 15.6× |
| 2017 | 12.3× | 10.5× | 13.9× |
| 2016 | 14.1× | 12.6× | 17.2× |
| 2015 | 15.0× | 14.7× | 18.4× |
| 2014 | 16.8× | 14.5× | 23.0× |
| 2013 | 22.5× | 15.4× | 23.5× |
| 2012 | 15.0× | 11.3× | 16.5× |
| 2011 | 11.8× | 11.0× | 13.5× |
| 2010 | 14.5× | 12.6× | 15.0× |
| 2009 | 13.4× | 8.8× | 15.0× |
| 2008 | 12.4× | 10.8× | 22.3× |
| 2007 | n/m a value too high to mean anything | ||
Against its peers
Companies in Discount Stores nearest Target's size, closest first, today.
| Company | Forward PE |
|---|---|
| TGTTarget | 16.5× |
| DGDollar General | 16.5× |
| DLTRDollar Tree | 18.2× |
| BJBJ's Wholesale Club | n/m |
| FIVEFive Below | n/m |
| COSTCostco Wholesale | 44.0× |
| Peer median | 18.2× |
Where Target ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on Target
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.