The TJX Companies (TJX)
(Delayed Data from NYSE)
$119.47 USD
+0.47 (0.39%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $119.46 -0.01 (-0.01%) 7:58 PM ET
3-Hold of 5 3
B Value B Growth A Momentum A VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
TJX 119.47 +0.47(0.39%)
Will TJX be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for TJX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for TJX
Why TJX (TJX) is a Top Value Stock for the Long-Term
Why TJX (TJX) is a Top Value Stock for the Long-Term
TJX: What are Zacks experts saying now?
Zacks Private Portfolio Services
Company News for Aug 22, 2024
The TJX Companies (TJX) Q2 Earnings Top Estimates, View Raised
Fed's July FOMC Minutes in Focus
Other News for TJX
Gold Hits Record High As Dollar Slides Further; Powell Says Time For Policy Adjustment
This Week: Gold Hits Record High As Dollar Slides Further; Powell Says Time For Policy Adjustment
Ross Stores Surpasses Q2 Expectations and Raises FY25 EPS Outlook
Tracking Jeremy Grantham's GMO Capital Portfolio - Q2 2024 Update
What You Missed On Wall Street On Thursday